I run a small home carpet and commercial cleaning business and we are running into issues. We are not getting as many customers as we are used to getting, we have lost a couple of our major corporate accounts, and our cash flow is really low. We are at the brink of having to file for bankruptcy. Before I do that and/or go pay someone to give us advice, I was hoping I could get some advice from someone here. What are my options? I do own a lot of our equipment; can I use that as collateral or potentially sell it to get immediate cash flow, then lease equipment going forward? I want to see if there is a way to keep my company afloat without filing for bankruptcy. Thanks in advance…
We have a Focus.com Community member that is looking for some help with this - any insight?





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