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BanxCorp Rx offers quick alternative solutions to both private and public companies nationwide that are facing mounting debt obligations or cash flow problems, and may be unaware of their strategic options. We know how to reduce and restructure various categories of business debt, and how to restore or improve liquidity within the shortest possible time frame. Our service is highly personalized with a focus on discretion, value and speed.
While most financial restructuring practitioners charge for their services either on an hourly basis with minimum monthly upfront retainers, or on a flat fee basis, BanxCorp Rx offers one of the most affordable and innovative fee structures in the industry:
- 100% OF OUR BUSINESS DEBT RESTRUCTURING FEES ARE BASED ON RESULTS.
- Minimum Assignment: Debt portfolios between $1 million and $50 million.
- Type of Client: Owners and acquirers of companies in financial distress.
- Location: Anywhere in the United States.
- Type of Company and Industry: Private and public companies in all sectors.
- Crisis Level: Insolvency, mounting debt, pre-bankruptcy.
ACT NOW: Call 212-499-9100 or email rx@banx.com.
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Our experts can quickly implement restructuring and strategic options, helping you resolve challenging financial problems. Every business requiring debt restructuring is different. We focus on achieving a thorough understanding of each client's objectives, the type of business and products or services they offer, and the industry in which they operate.
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Creditors realize that the longer it takes to settle past due business debts, the less they stand to collect. The probability of settling delinquent commercial debt falls dramatically over time, as follows:
After 3 months, collectability falls to 70%
After 6 months, collectability falls to 52%
After 12 months, collectability falls to 23%
Collectability statistics are based on a survey conducted by the Commercial Collection Agency Association among its members, who collectively handle about eighty percent of all commercial debt claims placed for collection in the United States,
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