Situation

In Boise, Idaho, a restaurant owner/operator found herself juggling almost every monthly financial obligation.  Many of her suppliers turned their delinquent debt over to collection agencies.  Unfortunately, they found it necessary to break unrealistic payment plans.  Constant bombardment from these creditors made it near impossible for anyone to pick up the phone.


Solution

Immediately, CFO professionals with business debt management experience will intervene to avoid the inevitable harassment, litigation and possible forced bankruptcy, commonly associated with these situations.  In Idaho, as well as every other state or jurisdiction our restructuring program will yield affordable monthly payments for our clients.  Every client is immediately assigned

debt restructuring

case studies

 

Situation

Credit card cash advances and purchases put a St. Louis printing company is serious cash flow trouble.  The company was struggling.  The partners used both business and personal credit cards to stay afloat.  Occasional late payments increased the annual interest rates to almost 30%.  With the huge rate jump, late fees assessed and other miscellaneous charges, they could never get out from under this debt.  The printer has a life sentence controlled by the credit card companies.

 

Solution

Small to mid-size business owners typically use both business and personal credit cards to periodically finance their operation.  Due to high interest rate debt, meeting monthly cash flow requirements can be overwhelming.  As in this situation, typically credit card debt is personally guaranteed.  CFO, at no cost, creates an extensive financial profile of the core business and each of the personal guarantors.  The process of establishing and professionally presenting your individual financial profile to each creditor enables CFO's dedicated negotiators to reach settlements far below your obligation.  These are not lump sum settlements.  They are structured to fit within a monthly payment plan that our clients can afford.  CFO's fees are only based on a percentage of savings by having your debts reduced, restructured or eliminated.