What Occurs When You Fail to Repay an Unsecured Business Loan: Five Legal Solutions Many Entrepreneurs Overlook
Business proprietors face tremendous challenges, and defaulting on an unsecured business loan can feel like a financial death sentence. Alarmingly, more than half of business proprietors who default on unsecured loans risk bankruptcy within 18 months. Yet, most remain unaware of five legitimate solutions that could preserve their fiscal well-being.