The Consequences of Defaulting on an Unsecured Business Loan: 5 Legal Strategies Small Business Owners Often Ignore
Business proprietors face immense challenges, and missing payments on an unsecured business loan can feel like a catastrophic setback. Shockingly, 60% of small business owners who default on unsecured loans risk bankruptcy within a year and a half. Yet, a majority remain unaware of five legal strategies that could safeguard their financial future.