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

Using a business credit card can be a huge convenience for small business owners when used wisely and responsibly. Business credit cards are a source of quick capital and provide an easy way of tracking business expenses. While business credit cards do have many advantages, there are disadvantages to consider before applying for one. Here is...Read More

If your small business is struggling to meet its financial obligations this holiday, you might be looking for some debt relief advice. Remember, you’re not alone. Every year, thousands of American small business owners find themselves in, sometimes, desperate financial straits. Read more and find out how to get your business ready for the holiday...Read More

Myth No.1: I can negotiate with credit card companies myself. The truth is, having an experienced negotiator on your side can help. At American Finasco, most of our clients have told us this familiar story. When they call a credit card company to try to negotiate a balance themselves, the credit card companies have a...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

It is an attractive offer at first. If you’re business is strapped for cash, there is a way you can be approved for thousands of dollars of funding within 24 hours, even with poor credit. It’s called a Merchant Case Advance. This industry has grown dramatically over the last decade. You probably find these offers in...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