Settle Your Business Debts
most important fact to know about how PSI works? We
save you money, or you owe us nothing.
Unlike many other debt-service firms, our fee is
based solely on how much we reduce your debts for
you. We are performance based . . . we are
Performance Source Inc.
Most of our Client relationships start when a
company asks us for a free,
100% confidential, no-obligation review of
their debt situation. Even if they choose not
to hire us, they gain a valuable, objective
assessment of their business finances.
many cases, however, the company will "try us out" by
asking us to settle its payables with just a few of its
creditors. They soon realize that we do much more than
simply reduce their business debts. PSI also:
Performs all creditor contact, so you can concentrate on
building your revenues/profits
court appearances for you--especially meaningful if you are
being sued out of town.
- Protects your business assets from creditors who might
want to seize them
- Satisfies your creditors within your financial means
- Helps you rebuild your business-credit rating with
agencies such as Dun & Bradstreet
consolidation firms typically require you to pay non-refundable
up-front fees. We don't. Instead, we request a small
initial deposit which is refunded to client by PSI as a 20%
credit to PSI's earned fees until sum of such credits equal the
total of Initial Deposit paid. We also open an
interest-bearing escrow account in your name and suggest that
you gradually build a balance in it equal to 20% of your
unsettled business debts. The reason is simple: When the
settlement offers start coming in, it's essential to have funds
readily available to pay them.
These funds are always under your control: they are used
only with your written permission, and only if you accept a
debt-settlement offer we have worked out with your creditor(s).
You are free to reject any settlement offer we bring you, and
free to terminate our services at any time with 30 days written
notice. When you do, all funds remaining in the escrow
account are promptly returned to you, along with all interest
earned on those funds.
Our fee, which is a flat percentage of the total savings we
achieve for you on each debt account, is due only after you
sign off on our "Good News" letter confirming the
If you have questions about how we work with clients, please