We help small businesses gain relief from their business debt by modifying loan terms and restructuring their payments This type of program helps businesses struggling with high interest business loans such as merchant cash advances.
It’s in the best interest of an unsecured loan business lender to work with us on your behalf. Why? Because unsecured debts aren’t tied to collateral. This being the case, it’s better for your lenders when you stay in business rather than force you into bankruptcy. If you have no choice but to go the bankruptcy route, your creditors know they may end up getting a lesser pay back.
Our job is to work directly with you and your lenders to get you the most relief from your merchant or other unsecured business debts. When consolidating through traditional means, business debt relief is good alternative.
Chat with an expert to learn more about our strategies to help you avoid bankruptcy.
National Credit Partners provides customized small business debt relief programs, empowering businesses with the solutions they need to get their operations back on track. We can’t speak for all business debt relief companies, but we can speak for ours. At National Credit Partners, we take what we do very seriously. We know in the beginning our clients are overwhelmed with debt and high payments.
When we first speak with the stress that their debt has put on them is very apparent. This is why our first job is to let our clients know that they’re not alone and that there is hope. Thousands of other business facing similar financial situations have had their debt stress lifted by a relief and restructuring program such as ours. There’s no reason you can’t do the same.
Our debt relief program is designed to accomplish three main things:
Merchant Cash Advances
This is an option that gives business funds needed for operating or overhead based on future sales and revenue. With these types of loans, funds are available quickly and are typically electronically deposited into the merchant’s bank account. In many cases, business owners find themselves unable to keep up with the commonly high daily payments and interest rates associated with these types of loans. For situations such as this, a business debt relief program such as ours is a viable solution.
Business Credit Cards
Provides some advantages over merchant loans, but they also have their cons like any debt. In most cases, the interest rate is less than that of a merchant loan, but still high in comparison to a secured loan. Business credit cards are also fairly easy to get approved for and since the payment terms are more flexible than most other business loan types, a business owner can spend a lot of money on a business credit card without noticing just how much until the payments become unmanageable. Our debt relief program can help gain the relief you need from these types of credit cards. We can even include them in a program with other debt types. Give us a call today to start the process of becoming debt-free and cash flow positive.
Even though funds from angel investors or venture capitalists are unsecured, they can weigh heavily on a business’s overall profit. This can, in turn, make other business debts, operating costs, and other overhead costs more difficult to keep up with. Like all situations involving high debt to income, there is no one size fits all solution. With that said, our program is flexible enough to encompass most situations.
Like any other unsecured business debt, microloans can have some pretty hefty payback terms and spiral out of control. This typically happens when business income slows down or operating costs go up. No matter what the case is, it’s better to deal with unmanageable debt sooner than later.
Provides a lifeline for over-extended business owners who are drowning in debt.
Chat with an expert to learn more about our strategies to help you find debt relief.