SBA Loan Default Podcast Jason Milleisen

Please visit Distressed Loan Advisors or EIDL Loan Advisors to learn more about our 90-minute premium course and 1-on-1 case evaluations. This free course answers the following questions... Are EIDL loans forgivable? (4 mins, 23 seconds)
What is the process of applying for an EIDL hardship deferment? (3 mins, 39 seconds)
Can I go to jail if I don’t repay my SBA EIDL loan? (2 mins, 37 seconds)
Will the SBA force my business to close? (4 mins, 18 seconds)
What collateral did I pledge? (4 mins, 52 seconds)


The 90-minute Premium EIDL Audio Course includes: - Free email support from founder and SBA default expert Jason Milleisen. - 36-page PDF Supplement. - Answers to the questions below... What is a Personal Guarantee, did I grant a personal guarantee, and what are the implications? (30 mins, 52 seconds)
Is Bankruptcy an option? (5 mins, 23 seconds)
Can I sell my business if I have an SBA EIDL loan? (4 mins, 2 seconds)
Will SBA restructure my loan? (2 mins, 20 seconds)
Can I pay down my EIDL to less than $200K to void the personal guarantee? (1 min, 43)
Should I close my business? (4 mins, 27 seconds)
Should I focus on my regular SBA loan or my SBA EIDL loan? (2 mins, 4 seconds)
What are steps if my business closes but no personally guarantee? (2 mins, 49 seconds)
Can I sell my business and transfer the EIDL loan or personal guarantee? (3 mins, 3 sec)
Can I settle my EIDL loan if I offer them cash today? (2 mins, 45 seconds)
Will an EIDL loan be on my personal credit? (2 mins, 46 seconds)
Are there any benefits to selling my business? (3 mins, 8 seconds)
What if I get a 1099 from the SBA? (2 mins, 32 seconds)
What if I didn’t take the EIDL through a separate legal entity? (1 minute)
What happens if my loan is referred to the US Treasury Department? (4 mins, 45 seconds)
BONUS: Exactly what Jason would do if he had a personally guaranteed EIDL loan that I could not afford to repay. (5 mins, 35 seconds)

Jason Milleisen is the founder of Distressed Loan Advisors (jasontees.com), and can be reach at 631-428-1978.
Today's episode is about 10 things that I've heard from lenders that are wrong that indicate that they may not be well versed in the SBA Default and Offer In Compromise process.
Find the whole article here:
https://www.jasontees.com/10-signs-your-lender-doesnt-understand-the-sba-default-process/

Jason Milleisen is the founder of Distressed Loan Advisors (jasontees.com), and can be reach at 631-428-1978.
Today's episode is about 15 common mistakes that borrowers make when dealing with SBA loan default and SBA Offer In Compromise.
Find the whole article here:
https://www.jasontees.com/15-common-sba-loan-default-mistakes/

Have SBA default questions?  Contact Jason Milleisen, founder of Distressed Loan Advisors at 631-428-1978 or jason@jasontees.com.
Before you take an SBA loan, understand what you're getting into.  This episode will tell you a few important items you need to know.

Seeking SBA loan forgiveness?  Understanding how the SBA thinks, and what they are looking for is key to a successful SBA Offer In Compromise.
Contact Jason, founder of Distressed Loan Advisors at jasontees.com or call or text him direct at 631-428-1978.

On this episode, Jason Milleisen discusses whether SBA loan modifications and deferments are still a thing in 2020.
SBA Loan Default or Forgiveness Questions? Jason@jasontees.com or 631-428-1978.