Business Debt

One of the fastest growing segments or our economy is business or “Commercial Debt”.  It is a well known fact the vast majority of small businesses fail within the first 2 years of operation. These failed ventures typically leave behind a trail of unsecured debt that the owner(s) typically does not have the financial ability or complete understanding of how to properly deal with the outstanding debt. 

Existing companies often face debt crisis as well.  With business to business invoice payments taking 30, 60, 90 days (or longer) to be collected, cash flows can be difficult to manage.  Unfortunately, bill collectors do not accept a company’s “accounts receivables” as payment.

Like consumer debt, commercial debt can be settled as well.  Debt Settlement gives business owners the opportunity to clear any outstanding debt obligations remaining from a failed venture, or it can allow existing businesses a way to restructure cash flows to resolve the debt and better focus on making money from their core business.  Inversely, the “owed business” or collectors want debt off their books and funds collected.

Whether your business debt is conventional, like credit cards, unsecured bank lines of credit or debt guaranteed with your personal credit, Total Debt Services can assist you and your company, resolve any unsecured debt and help you get back on stable ground.