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Here’s what to do when you’re about to default on a business loan.

Credibly

Table of Contents What happens if you default on a business loan? What happens if your business defaults on a loan? What’s the difference between default and delinquency? What you can do before your loan goes into default Does defaulting on a business loan affect my personal credit?

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Don't Leave Converting Sales into Cash to Chance

Your Virtual Credit Manager

Under-performing AR has the potential to create a cash flow crisis that can shut down your business in very short order. Cash Flow is the number one cause of small business bankruptcies. Please feel free to share this newsletter with your small business customers. it just might help them pay you sooner!

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Do SBA Loans Require a Personal Guarantee?

Fundera

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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Do SBA Loans Require a Personal Guarantee?

Fundera

Small Business Administration loans, or SBA 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.

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Do SBA Loans Require a Personal Guarantee?

Fundera

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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LLC vs. Sole Proprietorship: Differences, Similarities, and How to Choose

Fundera

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. Pass-through taxation.

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How to Get Merchant Cash Advance Debt Relief

Fundera

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.