SBA Loan and Charge Off on Credit Report (Borrower Owes Ex-Spouse Debt)
Who: 1. Borrower wants to refinance his business debt. 2. Borrower went through a divorce to a trial. 3. Borrower and Ex-Spouse were ordered to split the credit card debt and …
Can You Have An SBA Loan And A Separate Line Of Credit?
1. Yes, you can have an SBA Loan and a Separate Line of Credit. a) The SBA Loan will have a first lien position b) Most banks and SBA Lenders …