HomeWho Qualifies For An SBA Loan Deferment

Who Qualifies For An SBA Loan Deferment

We Reduce Business Debt

Lawscape is dedicated to helping business owners successfully resolve their business debt without headaches, or long term consequences.

We Provide Nationwide Business Debt Relief

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. 

Millions of Dollars in Debts

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

All Types Of Debt

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


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. 

Finding Your Footing: The Ins and Outs of SBA Loan Deferment

Take a seat and let’s talk about the challenges of doing business in a pandemic-stricken world. About 61,000 SBA loans amounting to $44.8 billion were injected into small businesses through Small Business Administration in 2021 alone. Despite the robust economy, numerous businesses are barely scratching by, teetering on the edge of a loan default.

Decoding the Intricacies of SBA Loan Deferment

Allow me to clear the air about SBA loans. Although you sought your SBA loan via a personal lender, the Small Business Administration didn’t directly issue the loan, they merely backed it. An SBA loan deferment is an agreement between you and your lender to momentarily delay the payments on your loan.

What Could Lead to an SBA Loan Deferment?

The SBA isn’t an unsympathetic institution. They understand that unpredictable factors such as natural disasters, pandemics, or even construction in the neighborhood of your business can totally upend your operations. They are open to granting loan deferments should such unforeseen eventualities arise.

Navigating Loan Deferment Options

Your loan deferment options significantly hinge on factors like why you need the deferment and what type of SBA loan you currently hold. You mustn’t procrastinate till you default on your loan before seeking deferment. Rather, be proactive, plan ahead and anticipate when you might require assistance.

The Mechanism Behind SBA Loan Deferments

Here’s the lowdown: Your SBA loan deferment is granted by your lender and not the SBA. The lender has the freedom to organize a loan deferment without any intervention or consent from the SBA. It is crucial that you confront your problems head-on rather than eluding them. Approach your lenders, engage in fruitful negotiations, and come to an agreement that truly benefits your business in the short run.

Covid – EIDL Deferment: A Lifesaver for Many Struggling Businesses

Countless businesses have found relief via Covid-EIDL loans, which were directly granted by the SBA in 2020, 2021, and 2022. These loans, enabled through the CARES Act, provide an automatic 30-month deferment from when the loan was granted. However, bear in mind that during the deferment period, the interest continues to accrue.

Managing an SBA Loan Default

The repercussions of an SBA loan default can be severe. The SBA can employ varied methods to recover overdue debts, such as administrative wage garnishment and tax refund offset. This is why being well-informed about the SBA loan default statute of limitations can be crucial.

A Helping Hand in the Midst of Chaos: The Lawscape

Facing a business-related predicament can be daunting and exhausting. If you don’t know how to handle your predicament or what your options are, seeking professional help might be the best course of action. Our attorneys at the Lawscape specialize in such situations and can guide you through your options and negotiate on your behalf.

Securing Your SBA Loan Deferment

An SBA loan deferment could be the lifeboat your business needs in the throes of trying times. Understanding how to ask for and negotiate the deferment you need would be key. At the Lawscape, we can guide you through this complex process. We recommend availing legal advice before agreeing to any more terms regarding your SBA loan. Reach out to us today to connect with an attorney who can assist you.

Directions, Not Dead Ends: Lawscape and the SBA Debt Solutions

SBA Debts by the millions have been resolved with Offer in Compromise and Negotiated Repayment Agreements without invoking bankruptcy or resorting to home foreclosure, thanks to our commendable team. Our attorneys have capably defended Treasury Debts by wielding a variety of strategies such as AWG Hearings, Treasury Offset Program Resolution, and Compromise Offers, among others. Furthermore, the Lawscape is authorized by the Agency Practice Act to represent federal debtors nationwide before the SBA, the SBA Office of Hearings and Appeals, the Treasury Department, and the Bureau of Fiscal Service. Connect with us today and let’s sail through these troubled waters, 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


Merchant Cash Advance


SBA Debt Relief


Secured Business Debt


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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