question archive What liabilities should be listed on a SBA 504 loan application? *this is the question I am trying to answer for my assignment* A defense plan for any weaknesses discovered during the application process
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What liabilities should be listed on a SBA 504 loan application?
*this is the question I am trying to answer for my assignment*
A defense plan for any weaknesses discovered during the application process. You can consider addressing a history of bad debts, bankruptcy, a poor credit rating, or a similar issue. For example, if your small business has a history of serious bad debt, your strategy in tackling customer delinquency through tightened credit policy and reinforced collection will be effective approaches.