SBA LOAN WORKOUT

Article that discusses one of the hardest, and unexpected, aspects of SBA Loan Workout. Offers tips to deal with this obstacle.

A Don Todrin article on SBA Loan Workout - First of all, let me start by saying there are many excellent lawyers who do great jobs. However there are some basic facts and issues that often prevent the satisfactory conclusion

A Don Todrin article on SBA Loan Workout - This is not intended to be legal advice, see an attorney for that, but as businessmen we must always consider the implications of many legal acts before we see the attorney

A Don Todrin article on SBA Loan Default - Do not let ego control your business decisions...it does not work. Small business owners generally have a common disease....an over controlling ego.

Articles that discusses the possible reasons why some bankers are unfriendly to borrowers following an SBA loan default. Provides tips on how to avoid creating a cranky banker.

A Don Todrin article on SBA Loan Default - Never before has it been clearer that business decisions are based on return on investment, nothing else. They are not moral or ethical issues, but profit and loss decisions.

A Don Todrin article on SBA Loan Default - If you are considering a franchise opportunity, do NOT rely on their projected numbers as to what your sales revenue and therefore profitability will look like.

A Don Todrin article on SBA Loan Default - If Ray Krock, the founder of McDonalds, had expanded his fast food concept to serve pie, and meatloaf, fish sandwiches, soup, etc., he would have been a diner;

A Don Todrin article on SBA Loan Default - It is beyond hard to believe, no it is well beyond that, who would possibly believe this could be happening, but it is true.

A Don Todrin article on SBA Loan Default - "It's been over a year and we all understand the recession is here to stay for a long while. There is little any of us can do about this fact of business life."

A Don Todrin article on SBA Loan Default - Frequently, the banks require a landlord release to support a loan to be made to the borrower / tenant. Usually landlords resist this, as it is certainly not to their advantage

A Don Todrin article on SBA Loan Default - It happens frequently, you go into default on your primary SBA guaranteed loan, or any secured bank loan, and when the bank examines your financial statement and tax returns

A Don Todrin article on SBA Loan Default - You have a business and have a defaulted loan. You provide a balance sheet and financial statement that discloses a partnership relationship on a valuable piece of real estate.

Article that explains why the author believes that your best chance at an SBA debt settlement is immediately after your business closes. Being proactive can be the difference between settling and enduring years of headaches.

Article about SBA loan foreclosure. Discusses factors that typically lead to a foreclosure by an SBA lender.

Answers to common questions posed by clients about SBA Default, and SBA Loan Forgiveness, and SBA Settlement.

Answers to common questions posed by clients about SBA Default, and SBA Loan Forgiveness, and SBA Settlement. Explores how long it will take to settle, whether an SBA disaster loan can be settled, and why an SBA expert can bring value.

Article that disputes the notion that requesting an SBA loan modification is not the way to go. Explains the difference between a deferment and a modification. Discusses why some workout firms will steer clients away from the modification process.

A Don Todrin article on Business Debt Workouts - As discussed elsewhere, when negotiating a workout, it is best to present the highest and best offer you can that makes sense and is reasonable under the existing circumstances...and then live with it.

A Don Todrin article on SBA Loan Default - It happens from time to time, and it comes in a few different varieties. Small business owners with significant debt want to do a workout to reduce their debt and call us for such support.

Article that discusses helpful tips from a seasoned SBA settlement expert. Covers the top 4 facts that the author wants you to know.

Article that discusses possible reasons why some lenders will not negotiate a loan settlement. Offers insights into why some lenders will settle, while others will not.

Article that offers a rebuttal to the assertion that all consulting firms who claim that they can assist with SBA debt settlement are scammers. Explains how to tell whether a consultant is legitimate or unsavory.

A Don Todrin article on SBA Loan Default Workout - Our guaranty is a direct reflection of our success. In short, with the appropriate support from our clients including adequate financial strength

A Don Todrin article on SBA Debt Forgiveness - Bankruptcy does not work, it will cost you your business and your personal guaranty will require the payoff anyways, so what's the point? There are no other options.

A Don Todrin article on SBA Loan Default - The issue is complicated; people want to hold on to their homes. They want to pay their mortgage debt. They need to restructure their loans so they can afford to pay.

A Don Todrin article on SBA Loan Default - The times have changed. Revenues are down and expenses are up. Margins are thin as pricing is being forced into a downward spiral from brutal competition.

A Don Todrin article on SBA Loan Default - We talk about the need to downsize to accommodate reduced revenues and increased overhead, and frequently we focused on reducing payroll, negotiating a discount on rent

This article by Don Todrin of Second Wind Consultant discusses issues pertaining to SBA loan default, SBA loan workout and the best business rule we can all get behind and follow.

This article by Don Todrin of Second Wind Consultant discusses issues pertaining to and/or related to SBA loan default and SBA loan workout.