All debtors are not created equal when comparing (or collecting) business and consumer debt. But that doesn’t mean that debt collectors have all the power. Read on to learn other options when facing a commercial debt collection situation. The Law has few limits on commercial debt collectors. State and Federal Laws protect consumers facing debt collection...Read More

Short-term debt Also known as current liabilities, a company’s financial obligations are expected to be paid off within a year. Short-term debt is often used to finance day-to-day operating or unexpected expenses. The repayment period is short, usually 12 months or less, and requires higher monthly payments. Short-term debt may be a good option if...Read More

Owning your own business has many advantages. It can be extremely rewarding, and you are your own boss. It allows more independence and time for non-work activities, plus you do what you love!  But it also means you can never “take your eye off the ball” or walk away at closing and forget the business...Read More

Business Debt Relief can reduce business debts, pay creditors, and ensure your business is still profitable! Eliminate those harassing collection calls by using American Finasco’s debt management services. Specializing in both short and long-term debt, we will work to reduce or eliminate all debts, not just credit card balances. Our fees are based on how...Read More

If you own a small business without a dedicated bookkeeper or accountant, there’s a possibility you aren’t covering the basics. But it’s still early in the year, and there is time to put in place some best practices for an easier tax season.   Here’s what you SHOULD NOT do:   Let receipts pile up....Read More

There is a way to get control of your business debt. It does not always mean you have to close your doors or file for bankruptcy. You cannot run from debt, and it will never go away on its own. Begin with these simple steps to assess the amount of debt and then move into...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

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

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