Category: Small Business Debt
What Are the Most Common Ways of Financing a Small Business?
Many people dream of one day owning their own business. But there’s one question you need to answer: How will you fund your business? There are plenty of options to choose from, but as with everything in life, there are pros and cons. Outlined below are some of the...
Determining Whether You May Exit Your Commercial Lease During COVID-19
What happens if you’re forced to shut down your small business due to COVID-19 and are in the middle of your lease? The attorneys at McCarthy Law can help! Click for more information!
Are Student Loans Suffocating Small Business Development?
Student Loans Impacting Entrepreneurship A recent Wall Street Journal article finds that areas burdened with high student loan debt suffer in the area of small business development. This is concerning because many young people are at a time in their lives when they...
What happens if you default on your SBA Loan?
WHAT HAPPENS IF YOU DEFAULT ON YOUR SBA LOAN? UNDERSTANDING YOUR SMALL BUSINESS ASSOCIATION LOAN (“SBA”) First, you need to understand the hands that involved in your SBA loan. You may think that you have just taken on a loan through a private bank, like Wells Fargo...
