www.PartnerUp.com - Small Business Community
 
1

Lorraine Diamond posted a new Financing A Business thread on 7/29/2010

SBA Workout/Foreclosure/OIC?

what is process for foreclosing on sba guaranteed loan on building secured by loan. do they sell first and then go after personal assets?
0
 
PartnerUp! Share This
Mark As Favorite
Mark As Spam Reply!
 
 
Sort Responses by : | |
6

Jack Haney Responded on 8/4/2010


If you have an SBA loan and are in arrears you should work closely with the SBA people to resolve the best possible solution to resolving your problems. If you are questioning obtaining or purchasing a property held by the SBA as loan security, contact the SBA and and get the answer to your questions.
0
PartnerUp! Mark As Spam Share This Add Comment
 
 
 Respond to thread
( Paste a youtube link to embed a video. eg: http://www.youtube.com/watch?v=dQw4w9WgXcQ )
Share on:



 Latest Business Articles

Learn more about being in business
The PartnerUp's Community's "How-To" content provides a deeper, more complete look into the topics and issues facing small business owners.



Read more..


 Explore The Community



 Helpful Resources


 
 
Home » Forums » Financing A Business » SBA Workout/Foreclosure/OIC?