SettleSource Business Debt Solutions - How We Work

How We Work

A Pro-Active and Preventative Approach

In a floundering economy, more and more business owners are facing the need to settle their debts. With the right debt consolidation partners, it can be a new beginning because:



  • We provide financial relief from day one, with one low monthly program payment.
  • We take over communications with your creditors and works towards a mutually agreeable, discounted balance settlement that makes good business sense.
  • We negotiate with collection agencies discretely and properly to keep their claims from becoming lawsuits.
  • We enable you to maintain operations and control of your business and money throughout our program.

See How we compare to other commercial debt settlement or turnaround companies »

A Pro-Active And Preventative Approach
At SettleSource we begin with a careful evaluation of your business debts including a financial snapshot and how your company is projecting future revenue. This is important to help businesses struggling from overwhelming debt to realize financial stability though our program.

Our dedicated business debt counselors have been business owners themselves and understand the importance of knowing the pros and cons of what debt settlement can and can’t do for your company.

While there will be many issues while you turn your company around, we will be dedicated to the important issues of dealing with your creditors and improving cash flow once used to service debt. Once you become a client, we will initiate contact with your creditors, collection agencies or attorney representatives that are assigned to the collection of your delinquent debt. If you have already fallen behind in payments, we can step in immediately to begin restructuring, to buy you time and allow you to focus on your business instead of creditors. Our proactive approach is what will reach appropriate resolutions that work for your company.
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Evaluating and Serving Your Business
SettleSource believes turnaround begins with a proper analysis of your company (not only for our benefit but for your own), we evaluate the business (and owners) current debt situation, cash flow and the history and future objectives of the company. This will enable SettleSource to best serve your business during the restructuring process where we undertake the “heavy lifting” which will enable you up to run and improve your business.

In our program you will have a dedicated team approach working on your behalf, a customer care representative and a case manager who will negotiate with your creditors. The case manager is your main point of contact and is accessible to provide updates on your progress and to make sure you understand the terms and requirements to achieve each and every debt settlement. The customer care staff will help, answer any questions, and provide immediate assistance on other administrative matters. Our case managers are supervised by our leadership and by attorneys, to ensure the highest standard of care is used to service your accounts.

July 2010 - Alternatives to Business Bankruptcy  Ways to get your Business Out of Debt   Read More »

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Our Business Debt Program

We provide financial relief from day one, with one low monthly program payment.

We take over communications with your creditors and works towards a mutually agreeable, discounted balance settlement that makes good business sense.

We negotiate with collection agencies discretely and properly to keep their claims from becoming lawsuits.

We enable you to maintain operations and control of your business and money throughout our program.

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Frequently Asked Questions
  • What is Business Debt Settlement?

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  • How will engaging SettleSource's business debt services affect my credit score?

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  • Where does my money go?

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  • When and how do my creditors get paid?

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  • Can I negotiate my own business or commercial debt?

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  • How is SettleSource compensated for solving my business debt?

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  • Will we be able to acquire credit in the future after settling business debts?

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See more common questions »

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See how SettleSource compares to other commercial debt settlement or turnaround companies »

Why choose Commercial Debt Settlement over Bankruptcy?
We can save you the money, time, and hassle of going through bankruptcy by getting you and your business back on your feet.
Read why choosing commercial debt settlement is the right choice »