What Happens If You Default On An Unsecured Business Loan: 5 Legal Escape Routes Most Owners Miss
Small business owners face enormous challenges, and missing payments on an unsecured business loan can feel like a catastrophic setback. Alarmingly, three out of five entrepreneurs who default on unsecured loans risk bankruptcy within 18 months. Yet, a majority remain unaware of five lawful escape routes that could preserve their fiscal well-being.