Many tax relief companies face the same cash flow challenge: traditional financing companies only approve 30–40% of applications. That leaves the majority of clients on internal payment plans, forcing businesses to carry balances and wait months—or years—for full payment.
The result? Firms suffer from cash flow bottlenecks that prevent them from reinvesting in marketing, staffing, or scaling—despite still serving those clients.
At Mint Group, we’ve solved this by leveraging our 13-year track record in payment processing to create specialized banking relationships that dramatically improve approval rates. In some cases, we help businesses reach near 100% approval, converting slow internal payment plans into immediate cash flow that fuels rapid growth.
The Cash Flow Crisis in High-Risk Industries
Tax relief engagements typically range from $3,000–$15,000. Very few customers can pay these fees upfront. When financing is denied, companies often place clients on internal plans, tying up working capital.
The challenges we consistently see in the tax relief industry:
- Only 30–40% of clients qualify with traditional lenders
- Businesses end up carrying the balance for the other 60–70%
- Delayed collections create cash flow strain
- Limited reinvestment slows growth, even when customer demand is strong
The same problem exists in student loan consolidation, though at smaller ticket sizes (typically $1,000–$1,300 per customer). While student loan companies also benefit from expanded approvals, the cash flow pain point is most acute for tax relief firms.
The Breakthrough: From Internal Burden to Banking Partnership
Mint Group’s banking partners know these industries through our long history of payment processing. They’ve seen the compliance frameworks and performance benchmarks we help clients maintain.
That trust allows us to convert internal payment obligations into immediate funding:
- Higher approval rates from day one
- “Second Chance” financing for customers who prove payment reliability
- Retroactive funding after performance benchmarks are met
- Zero added cost to the business—banks compensate us based on portfolio success
Instead of waiting months for customers to pay off internal plans, our clients receive cash upfront to scale more aggressively.
Real Client Results
Tax relief and student loan companies that implement Mint Group financing see:
- Stronger cash flow (less reliance on internal plans)
- Faster reinvestment into marketing and operations
- Lower chargebacks and customer disputes
- Increased scalability by serving nearly 100% of qualified customers without cash drag
Why This Matters Now
Tax relief demand is surging as economic pressures mount and more taxpayers fall behind. The limiting factor isn’t customer demand—it’s cash flow stuck in internal financing.
Similarly, student loan consolidation is expanding with resumed collections and new repayment requirements. Both industries face the same challenge, but tax relief companies feel the largest impact due to higher average fees.
Businesses that unlock external financing today will capture outsized market share. Those that don’t will remain cash-constrained and growth-limited.
Next Steps: Freeing Up Your Cash Flow
If your financing approval rates are stuck at 30–40% and you’re carrying the rest internally, Mint Group can help you:
- Assess your current financing and cash flow structure
- Implement financing programs that replace internal payment plans with upfront funding
- Seamlessly integrate financing with your CRM and payment systems
Stop letting cash flow bottlenecks hold you back. With Mint Group’s banking relationships, you can turn nearly every customer into immediate revenue and reinvest in scaling your business.
Contact Mint Group today at (949) 572-8116 or email us to schedule your financing capability assessment.