Credit Counseling

Running a business with tight margins? Strategic Turnaround’s Business Credit Counseling provides expert guidance to help companies manage cash flow, control expenses, and systematically pay down their business debt. We focus on business-only strategies — no consumer debt — ensuring tailored, professional support grounded in financial expertise.

What Is Business Credit Counseling?

Business Credit Counseling is a professional service where certified counselors help companies assess financial health, develop realistic budgeting and debt repayment strategies, and guide them toward sustainable business operations.

Unlike consumer counseling, our focus is entirely on business needs simplifying obligations, improving creditor relationships, and refining long-term financial strategies.

Business professionals working together

How It Works

Complimentary Financial Review

We evaluate your business’s income, expenses, and existing debts.

Strategic Budgeting

Develop a custom financial plan that aligns with operational cash flow.

Debt Management Guidance

If needed, we recommend structured approaches like payment plans or consolidation, and negotiate with creditors.

Ongoing Support

We empower your team with tools, education, and coaching to maintain financial health.

What to Expect ?

Pros & Cons of Credit Counseling

Pros
  • Individualized financial advice tailored for businesses
  • No immediate fees — most consultations are free
  • Support in building sustainable budgeting skills
  • Helps prevent escalation to bankruptcy or settlement
Cons
  • Requires commitment to new financial practices
  • Not a quick fix — budget improvement takes time
  • Some debts may need separate restructuring strategies

Why Choose Credit Counseling Over Other Services?

Debt Management vs. Debt Consolidation vs. Debt Settlement

Service Type Cost Impact Credit Impact Ideal For
Credit Counseling Low Generally positive Businesses aiming to
budget-savvy recovery
Debt Consolidation Moderate Low to moderate Companies with multiple
debt obligations
Debt Settlement High savings Moderate to high Businesses needing 
rapid relief
Bankruptcy Advisory Varies Severe long-term Businesses facing critical constraints

Why Trust Strategic Turnaround for Business Credit Counseling?

Frequently Asked Questions (FAQs)

1. Is credit counseling free for businesses?
Yes — your initial session is free. Ongoing support may require a low monthly fee, depending on your business needs
2. Will this help my business avoid bankruptcy?
Yes — many businesses recover through structured budgeting before pursuing more drastic solutions
3. What does counseling do that I can’t do myself?
Our expertise unlocks negotiation leverage and strategy frameworks you might not access on your own
4. How long does it take to see results?
It varies, but most businesses begin to improve cash flow and budgeting within a few months
5. Are there signup or service fees?
We typically charge minimal or no fees for consultation and planning; any ongoing support is transparent and explained up front

Ready to Take Control of Your Business Finances?

Contact our certified business counselors for a free consultation and start building your financial recovery plan.

Call us today or Contact us to schedule your consultation.