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American Finasco
small business organization can save you money
By keeping your small business organized, you not only save time but money too! Taking the time to make business processes more efficient, can save much more money than you may think. But, properly managing and organizing your small business can contribute to the success of your business and help you reach your goals. Encourage...
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You can’t avoid it, not all small businesses can remain busy year-round. Whether you are a clothing boutique that is struggling after the holiday season or a landscaper in winter, you are going to experience a slow period in a fiscal year. Every business or industry experiences lulls, and that could really be tough. When...
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changes since Covid
Amid the lingering coronavirus pandemic, many small businesses continue to face extreme pressure, forced to adjust to ever-changing shutdown rules and taking on new, sometimes costly practices to keep their businesses and employees safe. There has been a lot of change in 2021 especially the changes in relief programs and collection practices. Collection Practices There...
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line of credit vs. credit card
Whether you’re looking to grow your business or trying to get out of business debt you’re most likely going to need some form of credit. A business credit card is one of the most popular options for small businesses that need quick access to cash. What you may not know is that there are other...
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closing due to coronavirus? call us first
Going out of business is a tough process regardless of the reasons. Debt is the most common reason for a business to close its doors. Even when a company dissolves, a business’s outstanding debt does not go away. Recently, and largely due to the pandemic, many small businesses have been closing or are close to...
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hardship programs
When a business closes, it usually has a good-sized pile of debts—to landlords, suppliers, utilities, service providers, and possibly a bank or private lenders. If you do close, you still have to make plans to either pay these bills in full, settle them for less than full payment, or an even worse approach – ignoring...
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closing due to the pandemic?
Almost a year into the pandemic, small businesses with limited financial resources have either closed or are finding themselves in survival mode. Changes in customer behavior, pre-CoVid financial hardships and mandated shutdowns have forced many to the point of collapse. In fact, recent research by the Federal Reserve has found that only 35% of small...
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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 combined, small businesses have taken an unexpected and unprecedented hit this year. The economy is still struggling, and small business owners have no other choice but to remain optimistic. However, despite failures or...
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small business Debt Collection during 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 constructively with debtors, they will sometimes act aggressively. Ultimately, the best thing you can do is pay off any debt and move on. But lately, through these trying times, that has been easier...
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What is debt to income ratio?
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 monthly gross income. This number is expressed as a percentage and indicates how effectively you manage your company’s debts and spend money on a monthly basis. The lower the percentage, the easier it...
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American Finasco

A Commercial Debt Management company in Houston, Texas, American Finasco has served thousands of clients in all regions of the United States. The profile of American Finasco’s client is a closely held, under-capitalized corporation, with gross revenue between $500,000 and $100,000,000.

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