Not everyone qualifies for a workout

That’s right, workouts are not for everyone.  There are several times where clients attempt to use our skills and strategy to remove debt when they and their business are completely capable of repaying their debt.  People with large stock portfolios, large savings accounts,  and large amounts of available equity just looking to remove their debt in an attempt to enrich themselves.  We throw these clients out every time we encounter  them.  Apparently we need to actually state it:  IF YOU ARE SWIMMING IN CASH, PAY THE BANK, YOU DO NOT QUALIFY FOR A WORKOUT.

Workouts, debt forgiveness, turnarounds, our skills and strategies, are for those who are victims of today’s  declining economy.  People whose business never saw the downturn coming.  For the small business owner who has lost his personal savings into the business, whose home is under attack, whose family is at stake,  not for those who are just looking to escape another payment and are looking to get rich.

We run this business with a high level of integrity and with many standards.  While we encourage anyone to call and get an evaluation of their personal financial situation, we also require a 30 day inspection of all the data pertaining to our clients.  Those who qualify for a workout and truly need our services will move forward and experience incredible success and results.  Those that don’t qualify, are severed from our representation

We completely understand that in order for us to maintain quality relationships with banks and the SBA that we must keep a high standard.  One of our slogan is ‘saving America, one family at a time’, and is is something we truly live by.  No potential client that needs our help will be left behind, we help all who need our services.  However, those looking to get rich will always be sent packing.

Please do not misunderstand that Second Wind does not promote lying to banks, hiding assets, or pushing all losses to the bank.  We represent those who have already taken their losses and can take no more.  We guide them through the controlled train-wreck that is a workout, and then work with the bank and the SBA to settle the PG’s ( personal guaranty) for acceptable losses.  We structure an end-result that results in the bank, SBA, and guarantor all experiencing reasonable losses given the difficult situation the business is facing.

Bottom line: if you are suffering and need help, if your business needs a second chance, if your home is at risk, if you have no other options, call us and we will help.  If you are able but not willing to pay the bank, Second Wind is not for you