SBA Loan Default Bankruptcy Liquidations
If you are in default on a SBA loan and anticipating a liquidation or bankruptcy, we will get you cash for your inventory and assets quickly and efficiently.
When your SBA loans is in default.
When an SBA loan goes into default, we know the process of liquidating a business can be complex and stressful which is why we are such a good choice for the job. We have compassion, are always respectful for our clients property, and know how to best bring qualified buyers to your sale.
We know the primary concern when liquidating a business is to obtain the highest return for the firms assets. We spend a lot of our own capital when marketing your sale. We know how to bring the right buyers, not just local lookie-loos. Very often we will get at least one buyer who is interested in buying everything which is another option for our client.
The liquidation process.
The liquidation process involves selling off all the company’s assets such as inventory, equipment, and even art and lighting to repay the outstanding loan. We know this can be a time-consuming and complex process, which I where we shine. We will carefully evaluate the value of each asset and find buyers who are qualified and eager to buy. We are always transparent and communicate with all parties involved, including our client and the lender, employees, and customers, if needed.
Our liquidations are always transparent.
In some cases, the business owner may be able to negotiate a settlement with the lender to avoid a full liquidation like finding a buyer for the entire business who can continue operations. However, this is not always possible, and the business owner must be prepared to go forward with a full liquidation.
Throughout the liquidation process, we always maintain accurate records and to ensure all your inventory, equipment, and supplies are accounted for. Selecting an experienced liquidator is crucial because you want to ensure the process is handled efficiently and effectively.
Come out stronger on the other side.
Ultimately, the goal of liquidating a business when the SBA loan goes into default is to minimize the impact on all parties involved and to maximize the value of the company’s assets. With careful planning and execution, it is possible to navigate this challenging situation and emerge from the experience strong and resilient.
