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One frequently held misconception to do a workout is that one must be dead broke, without a job or income. Not so at all. In fact one of our clients has six figure incomes
One frequently held misconception to do a workout is that one must be dead broke, without a job or income. Not so at all. In fact one of our clients has six figure incomes
Disaster loan is a disaster, debt workout and debt forgiveness is almost impossible.
SBA Offer in Compromise The SBA has certain guidelines, specific requirements. They also have what I’m gonna call the unwritten guidelines.
SBA Loan Workout: Every day, I speak to small business owners all over the country. I hear the same issues every day. No one ever wants to go into default. Every business owner I speak with fights tooth and nail to pay their loans and other bills.
Business workout: I have felt this pain myself and have considered its source and reasons and have come to the following conclusion: It is all about NOT being emotionally self-sufficient
Tips and ideas from Don Todrin to help turn your business into a profitable one.
Our Sba Loan Default Workout Guaranty: We Will Never Have To Pay It Out!
Our Sba Loan Default Workout Guaranty: We Will Never Have To Pay It Out!
Author: Donald Todrin
Our guaranty is a direct reflection of our success. In short, with the appropriate support from our clients including adequate financial strength to satisfy the needs of the workout and a commitment to full disclosure, we did not “lose” a deal in 2009.
Therefore, we have provided our guaranty, recognizing the difficulty potential clients have in making the hard decision to commit to us and our strategies.
Their issues tend to be as follows:
1. I will wait and see what happens.
2. I believe the economy is going to turn around and I will be fine.
3. Your strategies and projected results are too good to be true.
4. I am concerned that if I sign on, what will happen to the money I paid if it does not work out as promised.
5. “My lawyer says… my accountant says… my banker says… my wife says…” all barriers preventing the leap of faith required to join us in our successful debt workout strategies.
Thus, we have decided to demonstrate our belief in and commitment to delivering the best possible results and to demonstrate that we understand what is at risk if we fail in our mission. To support the clients’ belief in our commitment to success and to help develop trust, we have decided to guaranty our results so we too are at risk if we fail… which we never do.
Thus, we glibly say, we will never have to pay out on the guaranty as we believe we will always win with every client, and will return their money if we should fail.
This is our context. This is our reality. We act as if our clients’ money and business are ours, and we fight for success as if it is our business and family at stake. Our mission is our passion, our passion is our mission, saving America one business at a time, as we know there are no other options that preserve the assets and remove the debt and save businesses, jobs and families.
Our commitment is we will win. We ask you to trust us. We are willing to risk our money to demonstrate our commitment. We will not fail our clients. We know what is at risk. We guaranty our results.
Article Source: http://www.articlesbase.com/small-business-articles/our-sba-loan-default-workout-guaranty-we-will-never-have-to-pay-it-out-1844757.html
About the Author
Donald Todrin is the CEO and Founder of Second Wind Consultants, Inc. who specializes in SBA Loan Workouts, business debt forgiveness and solving difficult business problems in general. Follow Don on Twitter and join his Facebook fan page.
One of the more serious side effects of being under cash flow duress from reduced revenues, are how these issues change your focus from running the business to fighting for survival.
About Don Todrin:
Donald Todrin is the CEO and Founder of Second Wind Consultants, Inc. who specializes in SBA Loan Default Help, SBA Loan Forgiveness, and SBA Offer in Compromise.
Contact us for help. We will arrange a no-obligation teleconference for us to evaluate your position and provide you with solutions.
You may choose to contact us on any method listed below:
- Phone: 413.584.2581
- Fax: 413.549.2968
- Email: info@secondwindconsultants.com
Too many small business managers let the employees do their jobs without measurable benchmarks and thus, without measurable results. Worse, they create measurable benchmarks and do not inspect them…
