Burt and Associates

FEBRUARY 3, 2025

Bank Loans : Traditional bank loans remain the most common source of financing, but approval rates have declined by 8% post-pandemic. Default Rates : The delinquency rate on business loans rose to 2.1% Businesses should explore government-backed loan programs or invoice financing as alternatives to high-interest borrowing.

Commercial Collection 52

Commercial Collection Collection Agencies Collections Agency Debt Recovery 52

Burt and Associates

APRIL 1, 2025

Forbearance is a financial arrangement where a lender temporarily suspends or reduces loan payments, relieving borrowers facing financial hardship. Understanding Forbearance In essence, forbearance allows borrowers to pause or decrease their loan payments for a specified period. Struggling to Recover Unpaid Business Accounts?

Lender 52

Lender Debt Recovery Student loans Student Loans 52

Burt and Associates

FEBRUARY 4, 2025

Explore Alternative Financing Options Beyond traditional bank loans, alternative financing models like grants, microloans, and crowdfunding can provide necessary capital without significantly increasing debt burdens. These options often offer more flexible terms and can be tailored to specific business needs.

Trade 52

Trade Manufacturing Retail Collections 52