Consolidating business operations
During the relocations, State Fund does not expect all employees to remain with the organization.
“This plan addresses our need to reduce our real estate footprint and at the same time it re positions more of our staff in areas where it more economical to do business and our salaries are more in line with the cost of living,” said Jennifer Vargen, communications director for State Fund.
Take the time to consult a qualified financial advisor and weigh all of your options.
Every business and every financial situation is different--so before making the choice to consolidate your business debt, it's important to consider the ramifications of every available option.
It was listed for sale by Colliers International|Wisconsin for million.
The consolidation represents a further shrinking of Caterpillar’s footprint in South Milwaukee.
“These actions will enhance Caterpillar’s ability to meet the needs of its customers with world-class electric rope shovels and draglines,” Miller said in an email.
If the new business debt consolidation loan agreement doesn't achieve both of those goals, it likely isn't a worthwhile solution for your situation. The consolidation company is responsible for negotiating the new loan on your behalf, collecting payments from your business and paying off your previous creditors.If your business were to default on the secured consolidation loan and go bankrupt, you could risk losing your home as well as your business.As unexpected challenges arise in business, dealing with out-of-control debt can be a scary process.Beginning in September 2011, State Fund will significantly reduce the size of its home office presence in San Francisco and relocate many corporate functions to the offices in Pleasanton, Vacaville, and Sacramento.
Over the next three years, State Fund will also consolidate its regional claims and underwriting function into central locations in Eureka, Redding, Sacramento, Stockton, Pleasanton, Fresno, Bakersfield, Monterey Park, Riverside, and Santa Ana.
So before you apply for a business debt consolidation loan, it's important to do the math for your particular financial situation and make sure you're getting a good deal.