Insurance Assurance: Coverage Lapse During a Business Loan
Insurance renewals are easy to set and forget, assuming that if you’re set up for autopay (like most of us are these days), the payment goes through. But sometimes life happens, and it doesn’t work out that way. Here’s a relatable scenario for a small business with one person wearing multiple hats: the renewal notice […]
Insurance Assurance: Check Before Your SBA Loan Closes
If you have an SBA loan now or are exploring getting one, you are familiar with all the details and documentation needed. Meeting an insurance requirement may be on the list, and for many borrowers, it’s a last-minute rush to obtain. Planning ahead at the front end can help avoid unneeded stress down the line. […]