What Happens if You Breach Your Banking Covenants?

You may remember the covenants you signed up for along with your bank loan or line of credit. They are the guidelines or what you do or don’t do in order to maintain good status on your loan, and they are created based on the financials you submit to the lender for underwriting. These covenants …

What Happens if You Breach Your Banking Covenants? Read More »