Defaulting on an SBA loan is serious; you can face bank levies, wage garnishment and foreclosure. But some cases allow ...

Outcomes vary depending on the type of bankruptcy filed, whether the loan is secured and whether a personal guarantee was signed. Many, or all, of the products featured on this page are from our ...

SBA loans are small-business loans offered by banks and online lenders and partly guaranteed by the government. Check SBA loan rates for 2025SBA loans offer some of the lowest rates on the market, but ...

A personal guarantee is a legal commitment to repay a business loan from your personal assets if the business defaults. The risks of a personal guarantee include losing your personal assets, such as ...

What a difference a government loan guarantee can make. The Orleans County village of Holley is getting a new grocery store, thanks to a $171,167 state grant and a $775,000 bank loan, backed by a 75 ...