The Consequences of Defaulting on an Unsecured Business Loan: 5 Legal Escape Routes Most Owners Miss
Small business owners face tremendous challenges, and defaulting on an unsecured business loan can feel like a devastating blow. Shockingly, more than half of business proprietors who default on unsecured loans risk bankruptcy within one and a half years. Yet, most remain unaware of five legal strategies that could preserve their fiscal well-being.