We'll clean up the mess
It’s safe to say that many of our brokers, accountants, and insolvency agents come across business clients that have five or six creditors on their books that they need to clean up before they can refinance or even move forward. Being a business owner in this position can feel like an absolute nightmare, and the frustrating thing is that many of them are unaware that there are in fact solutions.
If a business has creditors, wages or business tax debts to pay, as examples, we can consolidate them into one loan, and give your client some breathing space while they refinance into an affordable mortgage loan. Plus, we will take all the stress out of your life by contacting the creditors, so that we can organise a solution to pay them out.
On the other hand if you approach one of the banks with one of these scenarios, most of them will toss the deal aside and put it in the too hard basket, especially when it comes to business tax debts!
At HomeSec Business Finance, we are here to help save businesses with our short term business loans, as well as help them move forward.