Fundera

JULY 28, 2019

A company divestiture, by definition, is one of these kinds of bumps in the road for a business. Divestiture may not be fun, foreseen, or welcomed, but it’s a vital concept to understand as a small business owner, as it can affect your business finances. Divestiture Definition. Bankruptcy.

Bankruptcy 40

Bankruptcy Chapter 11 Chapter 7 Business Bankruptcy 40

Fundera

JUNE 13, 2018

If you don’t have that protection in place by dividing your business finances, you risk opening up your personal finances to seizure when that judgement goes against you. Now, you can just worry about running your business without these nagging worries in the back of your mind. The nice thing about getting this done?

Credit Scoring 94

Credit Scoring Credit and Collections Business Bankruptcy Bankruptcy 94

Due

APRIL 15, 2024

America’s small businesses face unprecedented challenges. Small business bankruptcy filings increased 78% over the past year, driven by impending changes to bankruptcy law and ongoing uncertainty about the overall economic outlook. On the payments side, electronic payments definitely make bookkeeping easier.

Small Businesses 84

Small Businesses Bankruptcy Credit and Collections Business Bankruptcy 84

Due

MAY 28, 2023

A recession has a general definition which is a “slippage in economic activity,” but a common definition is two consecutive quarters of negative gross domestic product (GDP) growth. A recession can impact businesses in a few different ways.

Bankruptcy 53

Bankruptcy Credit and Collections Business Bankruptcy Small Businesses 53

Fundera

MARCH 10, 2019

With that in mind, the lender will likely—if not, definitely—want to have the remainder of the SBA loan guaranteed by the business and, failing that, the personal assets of the business owner. The percentage of the loan the SBA guarantees varies with each loan and lender, and also depends on the applicant’s qualifications.

Credit and Collections 74

Credit and Collections Default Business Bankruptcy Small Businesses 74

Fundera

JANUARY 13, 2018

With that in mind, the lender will likely—if not, definitely—want to have the remainder of the SBA loan guaranteed by the business and, failing that, the personal assets of the business owner. The percentage of the loan the SBA guarantees varies with each loan and lender, and also depends on the applicant’s qualifications.

Default 79

Default Business Bankruptcy Small Businesses Bankruptcy 79

Fundera

JANUARY 13, 2018

With that in mind, the lender will likely—if not, definitely—want to have the remainder of the SBA loan guaranteed by the business and, failing that, the personal assets of the business owner. The percentage of the loan the SBA guarantees varies with each loan and lender, and also depends on the applicant’s qualifications.

Default 52

Default Business Bankruptcy Small Businesses Bankruptcy 52