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COVID-19 RESPONSE
Missed payments? Contact American Finasco
The impact of Covid-19 has forced many small business owners to miss a payment, or two, or more, often inciting collection calls or letters. If collections become too overwhelming, take action with American Finasco. Call (800) 299-2909 or visit https://americanfinasco.com
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Covid-19 response for small businesses
Is your small business devastated by the pandemic? Let American Finasco help you create a short-term plan and cash reserve to prepare for the future. Call American Finasco today! (800) 299-2909 or visit https://americanfinasco.com
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the bullwhip effect
CoVid-19 has changed how we work, live, shop, and do business. Panic pandemic purchases caused by uncertainty and stay-at-home orders have had a consistent impact on some industries such as grocers and medical supplies, to name only a few. Businesses have found themselves both out of stock and currently, with overstock. Consumer behaviors have changed...
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signs your business is in trouble
In the last decade, highlighting this past year, a lot of businesses ranging from small local businesses to large corporate conglomerates, have floundered and flatlined. Here are 4 key signs that your business is in financial trouble. 1. Imbalanced Cash Flow All small business owners know that “cash is king.” Consistent cash flow means there...
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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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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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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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