What Happens When You Default on SBA Loan?

February 10, 2011
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What happens to my SBA loan when my business fails?

So your business is struggling, and you are wondering, what happens to my SBA guaranteed business loan?

What indeed…

Let’s answer that question by first understanding what the SBA guarantee actually means.   The guarantee is actually for […]

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SBA Guarantee is NOT for Borrower…it only protects the Bank in the case of DEFAULT!

When obtaining a commercial loan from your bank, your banker may tell you that SBA guaranteed loans are the best thing for your situation.  And they may be…but be careful, because they come with many restrictions and hidden dangers.   However, by carefully negotiating the terms, and structuring […]

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