If you're considering closing your business, SBA loan forgiveness is an option to help you
The SBA offers several types of loans to help businesses when it comes to meeting their goals. Whether you need new equipment, or purchase land, businesses can grow from using SBA loans and use the profits to pay back what’s been borrowed. SBA loans are granted by the US Small Business Administration, and then issued by a bank, or participating lender.
Forgiveness
If you're suffering, we can help you can SBA loan forgiveness. There's no guarantee the SBA will approve it, but it's something we have experience doing.
Predictable Costs 24/7
We doesn’t charge you more when your network is down or a server fails. Our flat-rate fee programs covers all of that whenever you need it done.
Avoid Liability
Most SBA loans are personally guaranteed. If you default, the SBA can come after you. But if you work with us, we can help avoid personal consequences.
Our Team is Ready to Help
Part of what makes our managed services so exceptional is that we are always available, regardless of time or holiday.
The SBA Can Be Aggressive
There are a few ways for the SBA to collect money owed. They will be do it through the Treasury Offset Program, or by cross-servicing.
The TOP recovers debt through the business, or guarantor’s income tax refund. Rather than get the expected refund, the funds get automatically applied to your SBA loan default debt.
Cross-servicing happens when the SBA sends the loans to the U.S. Department of Treasury.