Short-term and long-term debt are two options businesses have for borrowing money. The main difference between the two is the repayment period. When deciding which type of debt to use, companies should consider the repayment period and the interest rate but understand both options entirely. Long-term debt Also called long-term liabilities, this is any financial...Read More

A new year brings new resolutions for your small business. Consider how you can improve this year in your role as a small business owner. Resolution 1: Review business targets and budgets Start by preparing a budget and review it monthly. This is important to the success of your company. Don’t let your budget gather...Read More

If you are struggling with unsecured debt and contemplating loan deferment or forbearance contact American Finasco. We will help you understand and navigate all your options for unsecured debt.  Our experts will help find a solution that will put you on the path to a better financial future. Contact us today to get your business on...Read More