Tough times catalyst for new methods - Debt problems will force small and medium sized businesses to seek alternative methods to survive tough economic times!

    HALIFAX, June 12 /CNW/ - We've all heard of the consumer credit
counseling companies out there helping consumers with their finances. Just
like consumers feeling the effects of the poor economy, small and medium sized
business are also getting in over their heads with credit problems. What
choices are available when tough decisions have to be made it? Who can you
turn to with such an embarrassing problem?
    The fact is that more and more businesses will continue to fail as
economic times get tougher and the costs of doing businesses gets steeper.
There is however an emerging solution known as professional debt negotiation
where a debt solutions expert guides your company through the tough times.
    Retaining the services of a debt solution company will allow these
businesses to avoid costly legal actions, save money and prosper for the long
term. Kenneth Wood a consultant with Promediate Business Solutions; a debt
solutions company in Halifax stated that "the office of the Superintendant of
Bankruptcy statistics show that business bankruptcy filings are actually down
27% year over year but this does not include business failures that are not
reported but just simply close up shop"(1). He also stated that "If you don't
look at new ways of doing business you just may become a sad statistic.
Utilizing the services of a debt solutions expert early enough in the process
can not only save thousands but save your business too!"
    Whether you are a small to medium sized business owner with one bullying
creditor or a company with many collections, legal actions and severe payables
problems; their may be a modern solution for you in employing the services of
a professional debt solutions consultant. For now, the economy is going to
take its toll on businesses of all sizes and shapes. Don't be a dismal
statistic, be proactive, find new sources of sales, control your expenses and
find yourself a good debt solutions expert.

    Promediate Business Solutions is an independently owned consulting firm
specializing in debt solutions for small and medium sized businesses across
Canada and the US.

    (1) Source: Office of the superintendant of Bankrupcy Site

For further information:

For further information: Kenneth J Wood, (902) 252-3357, Fax (902)

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