Top 4 Mistakes That Borrowers Make Following SBA Loan Default
Run and Hide – If you want to have any hope to save your business, the worst thing you can possibly…
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Offer In Compromise
The Three Most Common Misconceptions About SBA 504 Loan Workouts
Here is a quick synopsis of the SBA 504 loan: 1) There is a “regular” commercial loan in 1st lien…
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They Won’t Put Me In Jail, Will They?
Defaulting on your SBA debt (or any debt, for that matter) is a stressful experience for most people. Fear of…
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The Role of Luck In SBA Offer In Compromise
Back when originally took your SBA loan, you had no idea that your business was going to collapse in spectacular…
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Is an Offer In Compromise Required For A Lien Release?
The determining factor in whether you need to submit an OIC in order to have a lien on your home…
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Worst SBA Workout Advice I Ever Heard
Over the past few years, I’ve gotten calls from all corners of the country about people’s issues when it comes…
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Why An SBA OIC is Like Pregnancy
I’m willing to be that when you found this site, you were not expecting there to be an article discussing…
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But My Banker Said…
I am constantly amazed and bewildered at the things that banks tell borrowers. If people’s homes and financial futures weren’t…
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SBA Offer In Compromise Is Like Real Estate: Location, Location, Location
When I first started house shopping, my dad kept telling me the old adage that the three most important things…
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What A Tangled Web They Weave
Every so often, I get thrown a curveball by a bank, the SBA or both. Today’s story is about how…
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