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How do you account for unreliable ISPs?

I maintain internet for a small business in a third-world country, and I am forever struggling with unreliable service from our ISPs. Our current setup uses a Peplink Balance 580 for load balancing, but it has a hard time when one of the ISPs isn't providing the amount of bandwidth they should. Currently, I have it set for failover, so when one ISP goes down, it falls back on the other, but that doesn't work when one of them drops to providing less than a Mbps. Is there any way to use both ISPs independent of the amount of bandwidth that they are providing?