What Occurs When You Fail to Repay an Unsecured Business Loan: Five Legal Solutions Many Entrepreneurs Overlook
Entrepreneurs face enormous challenges, and defaulting on an unsecured business loan can feel like a financial death sentence. Surprisingly, more than half of business proprietors who default on unsecured loans risk bankruptcy within 18 months. Yet, a majority remain unaware of five lawful escape routes that could protect their economic stability.