Paying Business Debts You Can’t Afford

business debt

SCORE “Counselors to America’s Small Business” and Corporate Turnaround have created a free 16-page workbook, How to Pay Business Debts You Can’t Afford. This valuable resource will help small businesses survive when facing economic and financial challenges.

The guide covers some of the most crucial parts of settling commercial debts, including:

How to determine a monthly budget to pay past due debts
How to create settlement offers with real-world information
How to write settlement letters using fill-in-the-blank templates
How to negotiate affordable settlements with the toughest creditors
How to stretch out settlements over time

Download this free PDF here: How to Pay Business Debts You Can’t Afford.

SCORE CEO Kan Yancey says, “SCORE mentors can help small businesses with a variety of financial issues, including loans, cash flow, accounting, taxes and cost reduction.” Yancey adds, “This new workbook will help give small business owners the tools they need to satisfy their creditors.”

“The easy-to-understand strategies in this guide have helped settle more than 25,000 business debts,” says Jerry Silberman, CEO of Corporate Turnaround and co-author of Small Business Survival Book: 12 Surefire Ways for Your Business to Survive and Thrive. Silberman adds, “SCORE clients will learn how to explain their hardship directly to their creditors and gain the best possible settlements.”

Counselors from SCORE Chicago can help you better understand your business finances and advise you on cash flow issues. Why not book a free, private appointment today with a counselor? Book an appointment at any one of SCORE CHicago’s 15 locations here.

Visit us online for more business resources at www.scorechicago.org.

Related links:

Government Grants for Small Business??
Government Support for Business Loans
Five Tips on Financing Your Startup or Business

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