Debt. It can be an ugly truth. Initially, it is easy to deny or minimize the impact it has on your business. The truth is, the longer you are in denial, the more debt you accumulate. Never underestimate how much you owe. Here are 4 signs of debt denial.   Taking on more debt This...Read More

Every business has some form of debt, but it can easily get out of control. When your business suffers from debt, it can take a toll on your quality of life. Although money cannot necessarily by happiness, it allows our businesses to stay afloat and prosper. On the other hand, debt puts pressure on your...Read More

Unlike a loan, a Merchant Cash Advance is not assigned an annual percentage rate. Instead, you pay a factor rate. The factor rate is conveyed as a decimal point and it is the amount that you agree to repay to the advance provider. Although the fee can vary, it is usually between 1.3 and 1.7. The...Read More

Do you find yourself stuck in a Merchant Cash Advance(MCA) that you cannot pay? Does this sound like you? You took a $25,000 business cash advance for six months. The person selling this to you made it sound easy stating your payments as “just $250 a day.” But, even with your business savvy skills, you...Read More

Small businesses looking for extra, quick cash may look into a Merchant Cash Advance. This is a quick option with, what seems to be little hassle.  Merchant Case Advances aren’t technically loans — they represent a purchase of your advanced sales. Essentially you sell your future credit card and debit sales to a company in...Read More

If your business is facing tough times, a collection agency may be contacting you to collect unpaid debts. Contact can be in the form of letters or a phone call. What is the worst thing to do? Ignoring a debt collector who is contacting you. The agency can report the delinquency and it will show...Read More

Many businesses suffer from unwanted debt. Borrowing makes sense to improve cash flow, grow and expand. But, when you borrow too much and cannot pay back what you owe, your business is compromised. Creditors come knocking at your door, adding stress, anxiety, and disrupting focus on your business. Tackling debt early is easier when you...Read More

3rd Party Intervention May Lift Your Business From Debt As a business owner, it can be difficult to keep track of finances, and sometimes it becomes overwhelming and can lead to a fiscal mess. Waiting too long to get financial help can result in serious consequences for your business. American Finasco’s Third-party Intervention Services will...Read More