A mutual agreement between the client and the lender, obtained through our negotiators, in which the lender agrees upon receiving a reduced amount...
is the income that a business has from its normal business activities, usually from the sale of goods and services to customers. Revenue is also...
A mutual agreement between the client and the lender, obtained through our negotiators, in which the lender requests the whole amount owned by...
is a 2nd loan taken with the same lender, while the 1st loan is not fully paid yet. Once the client is in need of additional money, they have the...
amounts owed to a business, regarded as assets
A power of attorney (POA) or letter of attorney is a written authorization to represent or act on another's behalf in private affairs, business, or...
a document that provides detailed instructions on how to pay off a loan. It tells you the amount due (including interest charges up to a specific...
A merchant cash advance is structured as a lump-sum payment to a business in exchange for an agreed-upon percentage of future credit card and/or...
A loan is structured as a lump-sum payment to a business. The term is used to describe a variety of small business financing options characterized...
the process of taking a case to a court of law so that a judgment can be made.
The lending company providing money to the client. A lender can also be called a cash shop or creditor.
In law, a judgment is a decision of a court regarding the rights and liabilities of parties in a legal action or proceeding. Judgments also...
is a commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices...
Is a fee automatically withdrawn by both the lender (or our company) and the client’s bank every time a client is not able to make a payment to...
A client’s financial struggle explained in detail, providing information as to how the client got in the impossibility of not paying his lenders and...
is an action taken by a bank or brokerage that prevents any transactions from occurring in the account. Typically, any open transactions will be...
is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. Accounts receivable refers to the...
is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. Accounts receivable refers to the...
occurs when an individual has a bank account and a loan or credit card at the same bank. If the individual becomes past due on the loan or the...
is a company (often a third party) appointed by a merchant to handle transactions from various channels such as credit cards and debit cards for...
is an entity used by lenders to recover funds that are past due or accounts that are in default. The lending company itself may also have a division...
is a document provided by the client’s bank, showing all financial transactions and financial statistics of a month; the bank statement is usually...
is a type of payment that allows a company to electronically collect payments from their customers for either single-entry or recurring payments by...
is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. Accounts receivable refers to the...