If your company is overwhelmed by debt and struggling to keep up with payments, Business Debt Settlement could be the smart alternative to bankruptcy or endless interest payments. This service is designed to negotiate directly with your business creditors to reduce the total amount owed — helping you regain financial control and focus on growth.
Debt settlement is a process where a third-party negotiator works with your creditors to accept a reduced lump-sum payment — typically less than what you actually owe — as full and final settlement of the debt.
Unlike consolidation, which restructures the debt, or bankruptcy, which can damage your business reputation & credit long-term, settlement aims to close out your debt for less, without going through the courts.
We review your debt obligations, cash flow, and financial health.
We contact your business creditors to negotiate reduced payoffs.
You fund a reduced settlement either at once or in an agreed plan.
Once paid, the debt is marked as resolved giving you space to rebuild.
We negotiate a wide range of business-only debt, including:
Creditors know that if your business fails, they may recover nothing. By accepting a partial settlement, they
| Option | Total Cost | Credit Impact | Time to Resolve | Risk of Legal Action |
|---|---|---|---|---|
| Debt Settlement | Lower | Moderate | Fast ( 6–24 months) | Medium |
| Debt Consolidation | Higher | Low | Long (3–5 years) | Low |
| Bankruptcy | Varies | Severe | Long (years) | High |
Savings vary based on debt type, creditor, and financial situation, but many businesses settle for 40%–60% of the total debt.
Example
If you owe $100,000, you may settle for $45,000–$60,000 — a potential savings of up to $55,000.
Yes, but often less than bankruptcy or charge-offs. Some creditors may report settled accounts as “Paid – Settled” or “Settled in Full.” While this can impact your score, it’s temporary and recoverable especially once you’re debt-free and rebuilding.
When selecting a debt relief partner, prioritize:
Let's talk, our experts are ready to listen, understand your situation, and build a custom plan that fits your business.
We offer a free initial consultation to help you get started.