HomeCongress Approves Emergency SBA Lending Limit

Congress Approves Emergency SBA Lending Limit

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Lawscape provides nationwide business debt relief services. We work a wide array of lenders, service providers, and types of business debt. We are able to restructure and reduce, all types of secured and unsecured business debt. 


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Our team has experience handling 10’s of millions in debt, ranging from SBA debt, to Merchant Cash Advance and more. 


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Regardless of the type of business debt you have, we can help. We have experience handling all types of secured and unsecured business debt. 


Nationwide

Our company is led by experienced business debt relief experts who have experience handling secured and unsecured debt nationwide. 

Failing To Repay Business Debt Isn’t The End

Many business owners think failing to repay business debt means: your business is over.

This simply isn’t true. Business debt is a problem which CAN be handled, just like everything else; but only if you take pro-active steps. Lawscape helps you understand the law, and works with you to make sure that business debt isn’t the end of your business. 

What Are Some Ways We Can Help With Business Debt Relief?

Our experienced business debt relief consultants are here to help you through this stressful time. 

Need Help with an SBA Loan Default? Lawscape Has You Covered

I get this a lot – clients coming to me, stressed and worried because they may be on the brink of an SBA loan default. That’s some nerve-wracking territory to be in, mate. But take a deep breath, because that’s why we’re here. The fearsome Lawscape and our crack team at the Lawscape have seen it all and come out on the winning side. We are armed with a bag full of solutions to tackle SBA loan issues head-first and guide you through an SBA offer in compromise.

Never Face SBA Loan Challenges Alone

Nobody ever said you have to brave this alone. I mean, why torment yourself trying to understand the fine print when you can have an expert by your side? When it comes to navigating the nitty-gritty of an SBA loan default, it can be a tough nut to crack. So it makes sense, right, to bring in a seasoned attorney from Lawscape who can help light your way during this confusing and trying time. So, let’s chat – and the first one’s on us.

Recent Boost in SBA Lending Limit

Did you catch the news? According to This guy, Kent Hoover, from The Business Journals, Congress just lifted the 7(a) program’s authorization level. The lending cap for the SBA was already met with a couple of months left in the fiscal year. So, the big guns voted to inflate this cap, meaning more funds are available for small businesses under the 7(a) program. Hoover states, “The SBA had to halt 7(a) lending last Thursday because it hit the roof – an $18.75 billion annual lending cap, to be precise. But then the Senate pushed that cap up to $23.5 billion on Friday, and the House followed their lead on Monday afternoon.”

Thawing the Freeze in SBA Lending

This freeze in lending posed a real threat to small businesses looking for financial backing, particularly as we approach the fall and holiday seasons. Think about those retail businesses depending on backing to pull them through the profit-heavy holiday season. Advocates of the 7(a) program were chanting for this expansion because it means more financing, and as a result, more job opportunities.

Navigating SBA Loan Default with Lawscape

If you are looking at an SBA loan default square in the face, don’t sit on it. Give us a shout for a FREE initial consult with a skilled SBA workout attorney. Dial 212-460-5004.

How Can Lawscape Support You?

Why choose us in your battle against Treasury or SBA debt issues? Here it is in black and white:

We have wrangled millions of dollars in SBA debts via an offer in compromise or negotiated repayment agreements, all without our clients needing to file for bankruptcy or staving off home foreclosures.

We have defended millions more in Treasury debts via AWG Hearings, Treasury Offset Program resolutions, cross-servicing disputes, private collection agency representation, compromise offers, and negotiated repayment agreements.

We are sanctioned by the Agency Practice Act to represent Federal Debtors not just in one corner of the country, but all across the nation before agencies such as SBA, The SBA Office of Hearings, Treasury Department, and Bureau of Fiscal Service.

This ain’t our first rodeo. Let’s saddle up and take on your SBA loan challenges together.

Lawscape Can Help You Manage Your Business Debt

If you’re struggling with business debt, we can help you understand your situation. During the initial consultation, we’ll go over the contract, and other legal documents you signed. After that, our firm will work with you to get a better understanding of your situation, and help you come up with a game plan that keeps your business alive. 

We Handle It All

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Merchant Cash Advance

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SBA Debt Relief

03

Secured Business Debt

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Unsecured Business Debt

Everyone has different types of business debt. What matters is that you take it seriously. Regardless of whether it’s secured, or unsecured, you need to work with a firm that understands how to negotiate, reduce, settle, and manage, this business debt. 

Discuss your situation today

We are here to help you, and want nothing more than to help you save your business. Speak to our business debt relief specialists today.



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