Post by leonardphillips on Sept 30, 2019 4:07:33 GMT -5
Hello everyone, I'm a businessman man. We are facing some financial issues right now as my business is very dim. We are in need of some urgent money. I have already taken a commercial mortgage and a home loan. I shared my situation with one of my friends and he suggested me going for a debt consolidation loan. I searched for many companies and found this one offering debt consolidation services. What do you guys think about this? Please do share your experience.
First - all businesses have opportunity, you need to retool and go for new markets and get that situation fixed first. Money is not the problem, other things are! It's time to stop the financial bleeding and get this debt paid off immediately and build a new action for the future that builds in savings for those situations instead. You may need to downsize temporarily or change your pricing structure, you may need to work different niches in your field. Go back to your business plan first and readjust in a massive way because if you're putting money into a sinking ship without fixing the leak, the core problem isn't going to go away. Keep business, business, and personal, personal, NEVER let the two mingle!
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