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closing due to coronavirus? call us first

Consider American Finasco First

Going out of business is a tough process regardless of the reasons. Debt is the most common reason for a business to...
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hardship programs

Hardship Programs – what you need to know

When a business closes, it usually has a good-sized pile of debts—to landlords, suppliers, utilities, service providers, and possibly a bank or...
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closing due to the pandemic?

Is Your Small Business in Survival Mode?

Almost a year into the pandemic, small businesses with limited financial resources have either closed or are finding themselves in survival mode....
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New Year's financial resolution

New Year’s (Financial) Resolution

To say the least, 2020 has been a rough year for the majority of small businesses. With the financial crisis and pandemic...
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small business Debt Collection during the pandemic

Debt Collection in the Wake of the Pandemic

The impact of COVID-19 has painfully affected small business owners. Debt collectors are taking action. Although creditors are being urged to work...
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What is debt to income ratio?

What is Debt to Income Ratio and How it Affects Your Business?

Debt-to-Income (DTI) ratio measures your company’s ability to afford additional debt. This is calculated by dividing your monthly debt payments by your...
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Beware of Fraud

BEWARE! Fraud is Prevalent

It’s true, we are facing unprecedented times. Although this is a time where we should all band together, it is also a...
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difference between deferment and forbearance

Small Business Loan Deferment or Forbearance

Many small businesses find themselves struggling as they navigate through the changing economy during coronavirus. One option for helping to improve your...
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Beware of online debt relief fraud

Online Debt-Relief Fraud

If you are in substantial debt, or if your business if facing financial hardships due to the pandemic, becoming debt-free can be...
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Denied CoVid Relief?

Denied COVID-19 Relief?

The coronavirus has put financial stress on many small businesses across the country, and throughout the world. Many business owners are worried...
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