The Consequences of Defaulting on an Unsecured Business Loan: 5 Legal Strategies Small Business Owners Often Ignore
Business proprietors face immense challenges, and defaulting on an unsecured business loan can feel like a devastating blow. Shockingly, three out of five entrepreneurs who default on unsecured loans risk bankruptcy within one and a half years. Yet, a majority remain unaware of five lawful escape routes that could protect their economic stability.