Expanded SBA Exposure to Startups: Will It Cause More SBA Loan Defaults?
As a nationwide debt management company, SolveDebt understands the challenges that come with facing an SBA loan default. But with our help, you don’t have to face this difficult situation alone. Our experienced SBA attorneys will analyze your SBA loan problems and provide you with potential solutions, including an SBA offer in compromise.
Dealing with the prospect of an SBA loan default can be overwhelming and frightening, but our attorneys are here to guide you through every step of the process. We will help you understand all the facets of your situation, so you can make informed decisions about your financial future.
Moreover, we don’t just provide legal assistance; we also offer emotional support during this stressful time in your life. We understand how much this situation can impact you, your family, and your business, which is why we’re committed to helping you achieve the best possible outcome.
So if you’re facing difficulties with your SBA loan, please don’t hesitate to contact us at 1-888-756-9969 for a case evaluation. Our attorneys are professional, compassionate, and dedicated to helping you find the right solution for your unique situation.
The Risks of Expanded SBA Exposure to Startups
The Small Business Administration (SBA) is looking to expand its lending portfolio to new startup ventures that have never achieved positive cash flow from operations. While this may seem like a risky investment, the SBA is committed to expanding entrepreneurs’ access to capital and encouraging innovation as part of President Obama’s Start-Up America Initiative.
However, this initiative could also lead to an increase in SBA loan defaults over time. As a debt management company, SolveDebt has seen firsthand how difficult it can be to manage debt, especially when cash flow is negative.
But there’s no need to panic just yet. The story over the next few years will depend on the strength of our economy. Nonetheless, it’s important to keep a close eye on this situation and make informed decisions about your finances.
Why Hire SolveDebt for Your Treasury or SBA Debt Problems?
SolveDebt has a proven track record of resolving millions of dollars in SBA debts via offer in compromise and negotiated repayment agreements without our clients having to file for bankruptcy or face home foreclosure. We’re also experts in defending against treasury debts via AWG hearings, treasury offset program resolution, cross-servicing disputes, private collection agency representation, compromise offers, and negotiated repayment agreements.
Our attorneys are authorized by the Agency Practice Act to represent federal debtors nationwide before the SBA, the SBA Office of Hearings and Appeals, the Treasury Department, and the Bureau of Fiscal Service. We have a deep understanding of the law and a strong commitment to professionalism and client care.
We know that dealing with debt can be stressful and overwhelming, which is why we’re dedicated to providing compassionate support and guidance every step of the way. If you’re facing difficulties with your Treasury or SBA debt, please contact us for a consultation. Let us help you find the best possible solution for your unique situation.