SBA Loans: What Happens When You Default & How an Attorney can Help
Taken a Small Business Administration (SBA) loan and can’t re pay? You immediately need the guidance of a SBA attorney specializing in business loans and debt relief. He or she can help you weigh your options and guide you in the next best step. SBA loan attorneys are well versed with the alternatives available for loan defaulters. They know how to protect their clients from the abusive practices deployed by third-party debt collectors. The attorneys are committed to protecting the rights of their clients at a time when the collectors leave no stone unturned to squeeze out the last dollar from you. SBA loan lawyer can help with the following types of SBA loans: Microloans: These are short-term loans below $50,000. Disaster loans: These include Business Physical Disaster Loans, Home and Personal Property Loans, Military Reservists Economic Injury Loans, and Economic Injury Disaster Loans. CDC/04 Real Estate and Equipment Loans: These loans help to finance assets of higher costs