View Single Post
Old 03-26-2020, 09:53 AM   #9
bobbything bobbything is offline
Distributor of Pain
 
Join Date: Nov 2004
My biggest client was deemed "essential" so, for now, I'm good. Should sh*t hit the fan I'd be okay for up to about 6 months. I can always reduce my salary if needed and work with my mortgage lender to reduce my mortgage temporarily. I applied with Kabbage for a line of credit over a week ago and still haven't gotten approved or denied. I know they're getting bombarded with requests but their system is 100% automated so I don't know what's going on and the CSR can't tell me anything.

I would look into the SBA loan as an alternative. Also have plenty of equity in our house so if we had to sell, we could easily do so.

We have options but none of them are ideal.
Posts: 3,427
bobbything would the whole thing.bobbything would the whole thing.bobbything would the whole thing.bobbything would the whole thing.bobbything would the whole thing.bobbything would the whole thing.bobbything would the whole thing.bobbything would the whole thing.bobbything would the whole thing.bobbything would the whole thing.bobbything would the whole thing.
    Reply With Quote