Is the Burden of Crushing Debt Affecting You? We Can Help!
Small businesses are the backbone of the US economy, accounting for 80
percent of new jobs. Small businesses employ half of the private sector
But, sadly, only 50 percent of small businesses survive for five years
or longer, and just 25 percent are still in operation after 15 years.
The most common reason for small business failure is (you guessed it)
overwhelming business debt. It is not unusual for entrepreneurs to finance
new enterprises with startup capital including credit cards, bank loans,
lines of credit at high-interest rates and even “factoring”
(borrowing from future receivables to satisfy current expenses). This
debt can place a heavy burden on the business and the personal finances
of the business owner because many of these sources of cash can carry
with them highly unreasonable repayment terms and escalating interest
rates. However, we have great news!
The Business Debt Elimination and Settlement Lawyers at McFarlin Law Can
Help Right Now
If business debt is crushing your dreams and affecting your personal and
financial health, even your relationships with employees, loved ones and
your ability to sell, we have options that can help right away. As business
debt settlement lawyers, at McFarlin LLP, we work hard to find personalized
solutions to the financial challenges business owners like you face every
day before they become a crisis. Whether you are struggling with a daily
or weekly ACH, an aggressive Factoring Situation, Vendors who you can’t
pay but still need or any other aspect of commercial debt, we at McFarlin
LLP understand and have been through this process with hundreds of clients
just like you.
Some very common circumstances we work with on a regular basis include:
Aggressive Business Collectors and their threats,
Commercial Loan Default, issues with the
Small Business Administration (SBA Loans) and SBA Loan Default, Commercial foreclosures, UCC-1 Filings and Receivables
Factoring. Your creditors do not want you to know the information we would
like to share with you, most notably that there are ways out! There option
to keep your business running while addressing debt is what we do, but
creditors and collectors move fast, from collections, to lawsuits, to
judgments and eventually levies, this is not the time to delay. It becomes
more difficult to protect you as the situation progresses.