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I am opening a new business and the bank has required me to
I am opening a new business and the bank has required me to use the SBA for the loan. In order to start the business sooner I have paid out of pocket and off of my current lines of credit to start my … read more
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My business partner and I own a business (LLC) that has a $240,000
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I am a member of a 4 member LLC (2 couples, member managed).
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I have another question related to the same scenario. Actually
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I would like to know how bad credit impacts an application
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Will the sba and or bank take less than is owed on a business in foreclosure
My business is really suffering and could possible go out of business. The loan I have is an sba 504 and the other half is a bank loan, backed by the sba 504 loan. Do either ever take less than what i… read more
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We are a small business and have been served with a 3 day notice
We are a small business and have been served with a 3 day notice to pay rent or surrender. We are 2 months behind on rent, but we just recently sent $1200. We do not have the funds to pay in full as t… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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