Small business owners are taking from their retirement and savings in order to keep their businesses afloat. A Pepperdine University and Dun & Bradstreet Credibility Corp. study “found that 42 percent had used personal assets to fund their companies.” It’s not hard to imagine that small business owners may have been pulling from their personal savings and retirement accounts to keep up with business loan payments and to keep their businesses afloat.
Click here for the full article: https://www.cnbc.com/id/100879593
Small business owners having trouble paying back their bank loans and SBA loans have other options besides sacrificing their retirements. A qualified debt settlement attorney can negotiate for large reductions in their clients’ debts. Explore your options by contacting a debt settlement attorney today.
Kevin Fallon McCarthy
Latest posts by Kevin Fallon McCarthy (see all)
- Public Servants’ Second Chance at Federal Student Loan Forgiveness - April 10, 2018
- CREDIT CARD LOSS FOR SMALL BANKS AT AN EIGHT YEAR HIGH - March 22, 2018
- Rise of the Jumbo Student Loans - March 17, 2018
- Credit Card Market: Now and Then - February 23, 2018
- Make Your Credit Cards Work for You - January 23, 2018