Over 13,000 smaller businesses have come to us for help in the last 20 years. Each client had one thing in common: They were unable to continue paying their creditors on present terms. The solution: We negotiated new terms which allowed them to stay in business and pay creditors.
We accomplish this by reducing principal and/or increasing the time allowed to pay the business debt. Since 1998, we have renegotiated over 52,000 [ fifty two thousand ] secured and unsecured business debts at all levels of collection including lawsuits, judgments and “confession of judgement.”
We began as a commercial collection agency in 1990. Soon after, we started looking for new ways to help financially struggling businesses succeed and pay creditors. We realized that adding debt with new funding was not always in the best interest of the client. Equally, “Consolidation Loans” are very difficult to obtain [and can have high interest rates] because: Banks do not want to lend money that is just going out to pay other creditors.
In 1998 Corporate Turnaround was formed specifically to help small businesses navigate seemingly impossible financial situations and emerge financially stronger to grow and expand.
In these 20 years we have built a national reputation for excellence in the field and have been a pioneer in educational outreach. The numbers speak for themselves! We have restructured over 52,000 business debts, including thousands of merchant cash advances, for over 13,000 businesses.
We are an alternative to business bankruptcy and expensive “alternate” funding. To learn how we can help you, just fill out the form below.