An SBA Guaranteed Loan Workout
I speak with people all the time that decide to do it themselves. They figure they can fill out the forms themselves and save the fee, so why pay for expert opinion to represent them in negotiating a workout, ‘after all what could be the big deal, I have nothing to give them.’ How wrong could one be.
No matter what you have heard, defaulted SBA guaranteed loans can be resolved favorably for the borrower.
Monday, July 19, 2010
We Are Winning. The Battle Toughens But The Banks And SBA Are Giving Us The Workout Results We Need: Debt Forgiveness.
Friday, July 9, 2010
Thursday, July 8, 2010
SBA Loan Workout: Our track record for success is phenomenal. Almost every one of our clients exits successfully with a reduced personal guaranty averaging 7% of their debt---that's a 93% debt reduction! That works.