I Have Hit A Nerve – SBA Loan Brokers Understand

However, we at Second Wind are not powerless and we can help defaulting borrowers escape with affordable losses and a business intact, but only if the defaulting borrower knows we exist. We are reaching out to loan originators and explaining to them that everyone can win–the bank and the borrower–if we work together and follow less destructive paths. Clearly, I have hit a nerve as the response has been overwhelming. Many loan brokers and originators are calling asking for more information and promising to point their defaulting clients to us.

This is not a surprise as we all understand what’s at risk: jobs, families and businesses. No one wants to see this destruction occur but the system is ill-prepared to offer any viable alternatives and thus we have taken up the mission to help get the word out. There are strategies that work without destroying everything the borrower has built. There are ways of satisfying the bank within the guidelines provided that support emergence and success for both the borrower and the bank and we are here to provide such options. If only the borrowers in default knew. So, we are telling our story to loan originators and they in turn are telling their borrowers and we are saving more businesses, families and jobs every day.

Everyone involved must share in the losses we are all experiencing and everyone can come out of these issues alive and breathing. We know how to deliver this conclusion.