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Bad Credit Business Loans Berkeley CA

Local Companies

Neros Tax & Accounting Services
(510) 352-5887
2201 Broadway
Oakland, CA

Advanced Business & Accounting Services
(510) 832-2688
715 E 12th St
Oakland, CA

Eichstaedt & Devereaux LLP
(415) 362-5990
One Embarcadero Center, Ste. 1350
San Francisco, CA

Grant Thornton LLP
(415) 986-3900
One California St., Ste. 2300
San Francisco, CA

Louie & Wong LLP
(415) 981-9999
425 Washington St., Ste. 300
San Francisco, CA

Moss Adams LLP
(415) 956-1500
One California St., 4th Flr.
San Francisco, CA

PricewaterhouseCoopers
(415) 498-5000
Three Embarcadero Center, 20th Flr.
San Francisco, CA

Riley Accounting
(415) 308-0678
50 California St., 15th Flr.
San Francisco, CA

Speller & Company LLC
415-218-2448
101 California Street
San Francisco, CA

Deloitte
(415) 783-4000
50 Fremont St.
San Francisco, CA

Bad credit business loans are loans that might not be very attractive to businesses who are already heavily in debt, and whose creditors have already taken it up with collection agencies and lawyers. Bad credit loans might just result in more and more debt piling on a business's doorstep, with no solution in sight. Let's take a look at some ways a company can avoid borrowing more and more money from lending institutions.

Getting around Bad Credit Business Loans

Bad credit business loans are risky investments because the creditors might charge exorbitant interest rates because the business's credit rating is already less than stellar. One alternative would be to file for Chapter 11 bankruptcy. Using this method, a company would have to file with the government, who would then appoint a committee or committees to help the business with restructuring in order to get the company out of debt.

Using Chapter 11, the company would be mandated to hire a debt counseling business to help them assess the damage. Bankruptcy and Chapter 11 also require the services of a lawyer to take care of the legal issues involved. Another alternative is to hire a company that specializes in reducing debt for companies. They offer debt management and restructuring services that can do wonders for some companies if they follow the management plan.

Obtaining more bad credit business loans is not the best way to get a company out of a slow season of profits or the loss of valued customers. Debt restructuring firms can offer businesses programs that call for lower monthly debt repayments, which actually makes the company's credit rating better.

Featured Local Company

Neros Tax & Accounting Services

(510) 352-5887
2201 Broadway
Oakland, CA

Read more about Bad Credit Business Loans

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Related Local Events

Tax Credit Forum
Dates: 8/26/2009 - 8/26/2009
Location: San Francisco Chamber of Commerce
San Francisco, CA
View Details

Times: 12:00 PM -1:00 PM

Address:
235 Montgomery St., 12th Flr.
San Francisco, CA

Description:
SF Works, a nonprofit housed at the San Francisco Chamber of Commerce, and the City’s Office of Economic and Workforce Development will help you understand the facts behind four myths of about hiring tax credits, and inform you about how to access real and substantial savings for your business.

Business Issues Committee Meeting
Dates: 6/26/2009 - 6/26/2009
Location: Fairfield-Suisun Chamber of Commerce
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Times: 12:00-1:00pm
Email: reception@ffsc-chamber.com
Phone: 707-425-4681

Address:
1111 Webster Street
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Executive Board Meeting
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Environmental	Home Electronics	Pets	World History