There has been a major development in the online alternative lending industry, making it easier to get qualified and approved for business loans, debt resolution, and consolidation. However, this option has also opened doors to online scams, hackers, and fraud. The pandemic has increased this problematic activity making small businesses more vulnerable. Now, thieves are...Read More

A new year brings new resolutions for your small business. Consider how you can improve this year in your role as a small business owner. Resolution 1: Review business targets and budgets Start by preparing a budget and review it monthly. This is important to the success of your company. Don’t let your budget gather...Read More

Running your own business can be such a great experience. Being your own boss is satisfying and rewarding. Although there are many highs, there will also be lows, and this usually involves money. Finances are always a great concern, especially when you realize your business isn’t actually making money. Running your own business usually involves...Read More

We have seen many situations in which borrowers have let us know a little too much information. Whether it is cheating on taxes or forcing another lender to give them a discount with bullying techniques and tactics. These people do not become our clients, we cannot trust them. For example, there is a difference between...Read More

Manage your cash flow Many small business owners do not review their numbers regularly or believe that their finances are accurate. Still, “cash is king” is true for all businesses. You can look great on paper, but if you mismanage your cash flow – you become cash poor. This can make it hard to get...Read More

First, know the numbers If you are not a numbers person, consult with someone who is. It could mean life or death for your small business. Some of us are just not a “numbers person”.  That is fine, but little is more important in business than understanding your financial situation. Numbers give a clear indication...Read More

Why you would want personal lines of credit as a small business owner? Most people only apply for a loan when they need money for a specific purpose.  It’s what we all learned to do, but sometimes, it’s too late.  As a business owner, you should be constantly looking for low-rate personal lines of credit. ...Read More

Going out of business is a tough process. Even after a company dissolves, outstanding debt does not go away.  Call American Finasco. We provide hope and guidance to business owners who are having difficulty managing debt.  Contact Us and complete our Online Form for a free consultation or call (800) 299-2909.Read More

Have you taken on more debt to make up for financial losses from the pandemic?  To save money and for a better outcome, reach out to American Finasco. We provide our clients effective solutions for business debt relief. Contact Us and complete our Online Form for a free consultation or call (800) 299-2909. We look forward to speaking...Read More

As a small business owner, any time of the year is a good time for a financial health check-up. This is analyzing your current financial situation, deciding where you want to be, and finding ways to get there. Managing your cash and finances is a foundation for a successful business. Almost half of small businesses...Read More