August 15, 2025
18 Expert-Backed First Steps To Start Reducing Your Debt
18 members of Forbes Finance Council share their recommended first steps to reduce debt and explain why these strategies work. Managing Partner John Garcia, was among them. The insights offer both practical guidance and motivational support for anyone ready to tackle their debt head-on.
Explore Alternative Credit Markets
Look to private credit markets for non-correlated money sources. These alternative sources may provide bespoke terms that can increase liquidity and/or profitability of the business to offset higher interest costs while improving financial strength.
– John Garcia, Solyco Capital
This post is for informational and educational purposes only. All information is provided “as is” without warranty of any kind, and does not constitute investment advice, recommendations, or any solicitation or offer to engage in any investment strategy, purchase of securities, or other transaction.
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