Debt mediation is a Tower PBMS service that is becoming vital in an economic recession.
Sussex, NJ (PRWEB) August 21, 2012
According to the US Census Bureau, more than 200,000 small businesses vanished in the first years of US recession, 2008-2010. With recent economic trials a focus of many, businesses are looking to improve not only their cash flow and accounts receivable, but also their business credit standing. To remain competitive in a recession, companies must resolve debt issues quickly and efficiently.
Tower Property & Business Management Solutions (Tower PBMS) is helping existing small to mid-size businesses, entrepreneurs and startups to restructure their finances during a trying recession. The New Jersey based firm works with a variety of businesses managing their debt reconciliation, a common problem in the current sluggish economy.
As a component of the service, Tower PBMS first provides clients with a debt assessment. Tower seeks to uncover all outstanding debts of any amount, working with creditors and companies that invoice. Once this information is compiled, Tower PBMS works with creditors and businesses to devise a payment plan that works for both parties.
Debt mediation is a Tower PBMS service that is becoming vital in an economic recession. “We’re finding many companies in need of financial restructuring services who just don’t know where to turn,” explains Tower PBMS Owner, Jerry Jaquinto. “From manufacturing, tech firms, to the entrepreneur building a company from the ground level, Tower PBMS can help.”
Tower PBMS offers debt mediation services to clients owing anywhere from $10,000 to $1.5 million to creditors. Tower’s goal is to find a settlement between 30%-70% of the originally owed figure. Clients can expect a mediated settlement in “15 to 30 days of working with Tower,” says Jaquinto. If a settlement is unattainable, Tower PBMS will also assist a client through debt arbitration.
Tower PBMS is unique in that they do not accept every client. “At Tower, we are not focused on high client turnaround. Our priority is providing customized business solutions to clients who can best benefit from our services,” explains Jaquinto. “We’re not the right solution for every business but an initial discovery consultation costs nothing to find out.”
To speak with Tower PBMS about a debt mediation assessment, potential clients can reach the office at (973) 875-2904 or e-mail info(at)towerpbms(dot)com. Tower PBMS fees are on contingency, based on results. Consultations are free.
About Tower Property & Business Management Services: Founded in 2004, Tower PBMS is an independent business consulting company that focuses on serving small to midsize businesses, entrepreneurs, startups, aspiring inventors and real estate investors. Services include: debt mediation, business structuring and financial consulting. Based in Sussex, New Jersey, Tower serves national and international clients. The company is a member of both the International Association of Business Mediation Consultants and the New Jersey Association of Professional Mediators. More information can be found on Tower PBMS at http://www.towerpbms.com. No results, no fees.