High-Interest Business Credit Cards

It is no secret that business credit card debt can get out of hand. If you have taken out high-interest business credit cards to continue funding business expenses, as time passes, those minimum payments likely become harder to sustain. If your business credit card debt is too high, it is time to seek help.

Let Regroup Partners guide you

Secure the future of your business by

Restructuring

Restructuring

Consolidating

Consolidating

Settling your Debt

Settling your Debt

When you fall behind on business credit card payments, late fees and over-limit fees will start accumulating. If your card has a penalty APR, you may be charged a higher interest rate for falling behind. As the debt increases, your creditor will start making phone calls and solicit repeated correspondence. If you do not respond, the creditor may sell the debt to a collection agency. Eventually, the card issuer, or collection agency, may file a lawsuit to collect the debt owed.

If it comes to the point where you are facing a credit card debt lawsuit, it is not too late to find a solution. Our most skilled advisors can work with you to restructure your business debt, which includes:

  • Working directly with your creditors to settle your debt.
  • Devising an effective repayment plan.
  • Finding new lines of financing that are a better fit for your business.

We can help restructure