From the President of a Gift Catalog Company in MD

I would like to extend my appreciation to American Finasco for the outstanding results of the service that was provided to my company. I discovered American Finasco through their website during my search for an organization that assisted commercial businesses experiencing financial distress. We assigned 127 creditor claims that totaled $315,643.00.


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Debt Consolidation

Debt Consolidation: Reduce Debt Now

[Posted on September 22, 2008]

One of the ways that makes it difficult for your business to prosper and grow is if it is impacted by lots of debt.  Debt has a way of rearing its ugly head and making it difficult for a business to maintain adequate cash flow, expand or even remain financially stable.  If your business is being affected by too much debt, there are strategies that are effective at reducing debt; one of these strategies that American Finasco has used time and time again is debt consolidation

Debt Consolidation Offers an Alternative to Bankruptcy
For many businesses that are under tremendous pressure from debt, one solution is bankruptcy.  Bankruptcy can be a solution for those businesses that no longer have the fight or good fundamentals to continue on.  However, if your business has the drive to succeed, you probably want to avoid filing for bankruptcy. Unfortunately, over the last few years, bankruptcy laws have changed and now lean to the side of the creditors.  Bankruptcy is not easy and does not automatically give a business owner a clean slate.  In fact, if you owe any personal debt when you file business bankruptcy, the court may require you to file personal bankruptcy as well.  Another reason, bankruptcy is not usually the best solution is that courts today can take control of a business in a very restrictive way and the amount of filing fees and legal costs can be extremely high, making many business owners wishing that they paid off the debt they owed instead.

Debt Consolidation Is Effective
Debt consolidation is one of a few strategies that can be extremely effective.  For instance, if your business has high interest debt, a wide range of loans or debt with unfavorable terms, debt consolidation can make it much easier for you to free up cash flow, lower your monthly debt payments and give your business a set date that your loans will be finally paid off.

American Finasco Offers a Wide Range of Debt Consolidation Services
American Finasco has been helping companies climb out of debt and once again succeed for 20 years.  Throughout the years we have helped thousands of businesses with their debt problems.  One of the ways we can help businesses with debt consolidation is to help a business get necessary debt consolidation loans- even with less than desirable credit.  In addition, we offer our expertise in management and debt reduction to ensure your company is put on the right path for the future. 


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Stephen Wright and Guest Mitch Vicknair, American Finasco - Price of Business