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debt settlement
running low on funds? contact American fiasco
Running low on money is not uncommon among startups and small businesses. Watching your business account shrink can cause panic. Without money, you cannot pay vendors, salaries, and bills. Cashflow problems do not mean a company is doing poorly. This problem can be solved if you find them early enough. Whatever reason for financial hardship,...
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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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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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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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Beware of Fraud
It’s true, we are facing unprecedented times. Although this is a time where we should all band together, it is also a time when scams become more prevalent on and offline. This is a time when there are many potential fraud schemes related to economic stimulus programs offered by the U.S. Small Business Administration in...
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difference between deferment and forbearance
Many small businesses find themselves struggling as they navigate through the changing economy during coronavirus. One option for helping to improve your cash flow and protect your credit is to get a loan deferment or forbearance. Both options allow you to stop making loan payments for a period of time while you help your business...
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Beware of online debt relief fraud
If you are in substantial debt, or if your business if facing financial hardships due to the pandemic, becoming debt-free can be a captivating idea. So much that you may blindly be led into one of the many scams found online. American Finasco would like to warn every small business owner looking to become debt...
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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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