Business GPS, LLC Employee Directory
Financial ServicesVirginia, United States11-50 Employees
In the midst of a challenging economic environment, businesses across the country are under pressure to maintain a competitive edge and many are struggling just to sustain operations. At Business GPS our job is to help you navigate this new, more challenging, business era. We are dedicated to solving your financial issues within a budget that works for you and grow your business to the place you know it can be. We are a comprehensive Business Consulting Firm that specializes in:: Business Turnarounds Debt Mitigation Capitalization Management Consulting Financial Restructuring Risk Management Recent Client Successes: A package delivery company in California took a Merchant Cash Advance (MCA) over $130,000 to cover cash flow issues cause by an IRS tax levy. The daily payment of $463 was unsustainable after the IRS seized over half the funds and payroll used the rest. Business GPS restructured the MCA to a weekly payment of $568 payable over 178 weeks. Daily ACH of $463 ($2,315 per week) restructured into a weekly ACH of $568 payable over three and a half years (86% savings per week). A landscaping company in Florida took a MCA to bridge the cash flow gap created during his off-season. The lender layered on another MCA, which left our Client with less money and higher rates than before. Business GPS settled the MCA of $204,000 for a one-time, lump sum payment of $72,000. Daily ACH of $662 due over 432 days settled with 2 months of no payments and a final payment of $72,000, saving our client $132,000 (65% savings!). A large Software company in Virginia had a dispute with their hardware facility for over $2,500,000. Business GPS negotiated a deal in which the entire liability was removed in exchange for a number of unprofitable accounts, which were costing the company over $100,000 per month. $2,500,000 liability eliminated and cash flow savings created from the elimination of unprofitable accounts (100% savings!).
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