Tailored Solutions to Manage and Reduce Business Debt

Our experts will work with you to develop a customized strategy to address your business's financial challenges, reduce debt, and improve your financial health.

Applying won’t affect your credit score

Regain Control Over Your Business Debt

Managing business debt is crucial for the long-term success and growth of your company. Whether you’re dealing with overdue accounts, overwhelming interest rates, or a difficult cash flow situation, business debt management can help you take charge.

Our Debt Management Services

National Credit Help Program™

Take back control of your credit

Consumer Proposal

Keep your assets

Bankruptcy

Get a fresh start

Business Debt Management

Get your business back on track

The Advantages of Managing Your Business Debt Effectively

Improve your financial position and build a stronger businessBankruptcy offers several benefits when compared to other debt solutions:

Our business debt management solutions help companies restructure debt, improve cash flow, and negotiate better terms to regain financial stability:

  • Reduce Stress: Debt management removes the anxiety of unpaid bills and constant calls from creditors.

  • Regain Cash Flow: Lower monthly payments allow more cash to be allocated to business growth and operations.

  • Protect Your Business: Prevents collection actions and avoids bankruptcy, keeping your business intact.

Curious About Business Debt Management?

We help you assess your situation and choose the best debt management solution for your needs.

Debt Management FAQ

  • Yes! Once filed, a consumer proposal legally halts collection calls, wage garnishments, and lawsuits, providing immediate relief.

  • In many cases, yes. If your vehicle is below the provincial exemption limit or financed and you continue making payments, you may be able to keep it.

  • If your business debts are personally guaranteed, you’ll still be responsible for them. However, if they’re strictly under your business entity, they may not affect your personal bankruptcy.

  • You can explore debt restructuring, refinancing, consolidation, or creditor negotiations to lower payments and keep your business running.

A Partner You Can Trust

Personalized solutions for debt relief

At The Source, we know that managing debt can be overwhelming. Our experts provide personalized guidance and strategic solutions to help you regain control of your finances. With transparent options and dedicated support, we’ll work with you to create a clear path toward financial stability.

What our customers say about us

  • "The Source helped me secure the funds I needed quickly and easily. The process was straightforward, and their team was fantastic to work with!"

    Sarah L.

  • "I was nervous about applying for an unsecured loan, but The Source made it stress-free. They explained everything clearly and got me approved in no time!"

    Mark T.

  • "Thanks to The Source, I’ve consolidated my debt into one manageable payment. It’s such a relief to finally feel in control of my finances -thank you!"

    Emily R.

  • "The Source's credit help services were a lifesaver. They guided me through improving my credit score and qualifying for better loan options."

    James K.

  • "Getting a HELOC with The Source was a game-changer for our home renovations. The terms were great, and the funds were there when we needed them."

    Lisa M.

  • "I needed a second mortgage for some big expenses, and The Source delivered. Their team made the process smooth and hassle-free."

    Hirad W.

  • "When an emergency came up, The Source came through for me. Fast approval, great service, and peace of mind when I needed it most."

    Jessica P.

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