The Consequences of Defaulting on an Unsecured Business Loan: 5 Legal Strategies Small Business Owners Often Ignore
Entrepreneurs face enormous challenges, and missing payments on an unsecured business loan can feel like a catastrophic setback. Surprisingly, three out of five entrepreneurs who default on unsecured loans risk bankruptcy within one and a half years. Yet, many remain unaware of five lawful escape routes that could safeguard their financial future.