SBA Loan Default Bankruptcy Liquidations
If you’re facing a default on a SBA loan and anticipating a liquidation or bankruptcy, we will get you cash for your inventory and equipment quickly and easily.
SBA loans in default.
We understand that when a business with an SBA loan goes into default, the process of liquidation can be complex and challenging. Although the Small Business Administration (SBA) provides loan guarantees to help small businesses access financing, if the borrower is unable to repay the loan, the SBA may step in to recover the outstanding debt. That’s where we come in. Not only can help in liquidating inventory and equipment, we work with the SBA to ensure everything is being done by the book.
The liquidation process.
Liquidation typically involves the sale of the business’s assets to pay off creditors, including the SBA. We know this process can be time-consuming which is why we are a great choice for helping business owners turn their inventory into cash. Our goal is always to maximize the value of the assets. Whether you own a furniture shop, coffee shop, interior design studio, gym, clothing store, garage door company, brewery, or even an art gallery or museum, we know all about liquidating all types of businesses.
We will appraise your inventory to insure we are getting the true market value, organize it for sale, and properly market your sale to bring qualified buyers.
Always transparent, always by the book.
Once the financial situation is clear, we can begin to sell off the assets, which may include inventory, equipment, and other tangible and intangible assets. Our sales are always conducted in a transparent and fair manner, with the goal of maximizing the value of the assets for the benefit of our cleint.
Throughout the liquidation process, it is important to maintain open communication with the SBA, as well as to comply with all legal and regulatory requirements. This may include filing bankruptcy or other legal proceedings, depending on the specific circumstances.
Come out stronger on the other side.
Our liquidation services offer a comprehensive and effective solution for businesses and individuals facing financial challenges. By leveraging the expertise of our experienced staff and management, you can navigate the complex liquidation process by getting the maximize value of your assets and emerge from the experience strong and resilient.
