Business can be booming one minute and flat lining the next. The stress of your business debts could have you eyeballing the closing sign, but ALC Commercial is here to help. Don’t close your business just because you are experiencing pressure from your business partners, employees and others. With a little planning, we could help your business with debt consolidation.
What is Debt Consolidation for Businesses?
A debt consolidation loan will combine all of your loans and other credit obligations into one easy repayment. With your debt consolidation loan you pay one payment and one interest rate which is often a smaller interest rate than your original one. The process also simplifies paying off your debts since you only pay one creditor. With a debt consolidation loan in place, you will have less stress and be able to look toward the growth of your business.
If you have tax debts or supplier debts that are weighing you down and making it difficult for you to keep up with different payment schedules while maintaining your business, a debt consolidation loan for your business could be the right solution for you. With a debt consolidation loan, you will have only one debt to repay, with one set of terms and rates that you’ll need to worry about instead of multiple ones. You can even get a loan term that’s tailored to your specific needs at a smaller rate so you can have peace of mind and focus more on making your business successful.
We understand that traditional banks might turn you away, but we offer competitive rates and flexible repayment terms that suit your organisation’s needs. ALC Commercial differs from other bank alternative lenders who offer higher interest rates and unreasonable repayment terms. We can work with your situation even if you have bad credit, no credit, or minimal proof of documentation.
We strive to establish long-term professional relationships with our customers. That is why we take the time to get to know you, your company and how you operate. We have a history of helping Australian entrepreneurs achieve financial success through tailored loan solutions.