Fundera

MARCH 10, 2019

When you sign a personal guarantee, you authorize the lender to seize any of your personal assets to repay the loan, if business assets aren’t sufficient to cover loan payments. Small Business Administration loans, or SBA loans , are some of the most best loan products out there for small business owners.

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Default Credit and Collections Small Businesses Business Bankruptcy 74

Fundera

JUNE 13, 2018

No matter what industry you’re in, money is the great unifier among small business owners. And there are a few things every business owner needs to do in order to manage your money the right way—but nothing’s more important than separating your business and personal finances.

Credit Scoring 94

Credit Scoring Credit and Collections Business Bankruptcy Bankruptcy 94

Fundera

MAY 22, 2018

When it comes in the form of a small business loan , debt can be beneficial to keeping your business functioning and growing. But, as a small business owner, you’re likely also aware of the bad kind of debt, which can be debilitating to businesses and their individual owners. File for bankruptcy.

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Bankruptcy Business Bankruptcy Chapter 11 Credit Scoring 40

Due

MAY 28, 2023

The news is full of doom and gloom about the bank crisis and a potential recession, causing many consumers and business owners to fear the future. A bank crisis does, in fact, have impacts on the economy and can particularly affect entrepreneurs and small business owners.

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Bankruptcy Credit and Collections Business Bankruptcy Small Businesses 53

Fundera

JANUARY 13, 2018

Small Business Administration loans are some of the most complicated loan products out there for small business owners—but they’re great if you can qualify. As you might already know, the Small Business Administration does not administer loans themselves. Let’s explain how an SBA loan works.

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Default Business Bankruptcy Small Businesses Bankruptcy 52

Fundera

OCTOBER 23, 2019

Choosing a business entity structure for your company is one of the most important—but potentially most confusing—decisions you’ll make as a small business owner. Unless you’re a lawyer or tax expert, the differences between each type of business entity can be hard to understand in real-life terms.

Bankruptcy 40

Bankruptcy Business Bankruptcy Default Credit and Collections 40

Fundera

JULY 28, 2019

Growing a small business is rarely a straight path toward success. A company divestiture, by definition, is one of these kinds of bumps in the road for a business. A company divestiture, by definition, is one of these kinds of bumps in the road for a business. Selling a Business. Bankruptcy.

Bankruptcy 40

Bankruptcy Chapter 11 Chapter 7 Small Businesses 40

Credibly

OCTOBER 31, 2023

If your business defaults on this kind of loan, your lender has the right to seize and liquidate the collateral to recover the outstanding amount. If you default on a Small Business Administration (SBA) loan, you’re still responsible for addressing the lender’s loss. Looking for a better way to handle business finances?

Default 40

Default Credit Scoring Credit and Collections Bankruptcy 40

Fundera

SEPTEMBER 20, 2018

What Is Business Bankruptcy? If you’re struggling to pay off business debts, filing for business bankruptcy might help. Business owners can file for Chapter 7, Chapter 11, or Chapter 13 bankruptcy, depending on the business’s debt levels and financial situation.

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Business Bankruptcy Bankruptcy Chapter 11 Chapter 7 74

Fundera

OCTOBER 2, 2017

When it comes to the future of your business, filing for bankruptcy might seem like the absolute worst thing that could happen. However, filing for bankruptcy is not necessarily a death sentence—in fact, it could mean the difference between sinking or saving your business. Small Business Bankruptcy Filing Options.

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Bankruptcy Chapter 11 Chapter 7 Business Bankruptcy 100

Fundera

JULY 24, 2019

As a small business owner, you know that your team is your most important asset. Without key business partners or primary employees, a small business can suffer serious harm. This is where a particular type of small business insurance , called key person insurance, can help. . The Hartford.

Insurance Companies 50

Insurance Companies Brokerages Deductions Small Businesses 50

Fundera

JULY 11, 2017

In your earliest days as a business owner, you probably never imagined that you might someday file for bankruptcy. You had big plans and dreams for your business! The American Bankruptcy Institute reports that over 24,000 businesses filed for bankruptcy last year. Isn’t that what every entrepreneur aims for?

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Bankruptcy Chapter 11 Chapter 7 Business Bankruptcy 85