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FMS is a business services company that is a resource to business ownersin need of financial and debt restructuring consulting or expense managementassistance. FMS assists businesses with options to decrease the pressures ofdebt and help them move into a position of stability. FMS works on acontingency fee basis, whereby FMS receives only a percentage of what FMSsaves its clients. The FMS business model is in a unique position in thecurrent business climate which features a rising rate of business loandefaults and a tightening of lending options for small businesses. FMS helpsbusinesses reach their financial goals in a number of ways ranging from simpledebt restructuring, comprehensive expense management audits or a businessrefinancing solution. FMS staff is comprised of banking experts, CPA's,business turnaround specialists and experienced attorneys who possess a widerange of knowledge which we put to work on behalf of our clients.
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According to the American Bankruptcy Institute, business bankruptcies areup sharply again in 2008 after a twofold increase in 2007. In addition,Standard & Poor's reported in August 2008 that the default rate of businessloans -- the percentage of leveraged loans in default -- rose to a five-yearhigh of 3.3 percent in August. This is over ten times the amount reported atthe end of 2007. The current economic factors faced by many businesses arecompletely new experiences to many business owners and require adapting to thechanging business banking and financial markets of today. FMS will offer anexpertise in debt negotiation and expense reduction to business owners in afinancial environment that is unlike any other that most business owners haveexperienced in their lifetime.
"I believe in the strength and resiliency of America's business communityand Financial Mitigation Services was started to assist business owners whoare facing unprecedented market conditions," said Brent Johnson, CEO andfounder of FMS. "Our company's mission is to spearhead economic developmentby providing businesses with access to high-quality debt management and costreduction services and the capital and resources they need to make theircompanies grow."
Financial Mitigation Services is headquartered in Minnesota and works withbusinesses across the country to help achieve financial stability for theirbusinesses. The FMS team has worked with organizations in multiple industriesincluding transportation, plastics, printing, restaurants, healthcare,manufacturing, golf courses, building & construction, security companies andseveral others.
About Financial Mitigation Services, LLC.
Founded by entrepreneur Brent Johnson, FMS empowers business owners byproviding solutions that improve debt management and cash flow needs thatevery business requires to operate efficiently. We provide comprehensive andconfidential financial structuring assistance so businesses are able tocontinue to run and grow their business. In addition to implementing thesestrategies, Financial Mitigation Services also has in-house finance, legal andmortgage solutions to assist businesses and their owners with financial needs.
For more information about FMS, visithttp://www.financialmitigationservices.com or send an email [email protected]
SOURCE Financial Mitigation Services, LLC
