SBA Loan Default Insights & Strategies: Treasury Offset Program

The Department of Treasury is the default position for SBA lenders under something called the TOP, Treasury Offset Program. What the Treasury Offset Program means is that any money you're due from the federal government for any reason can be applied to an outstanding loan.

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If you've got a tax return coming this next year, you can expect not to get it. Under the TOP program, it'll be applied to your loan. So what do you do? Make sure you don't owe the government any money, or that you're getting any refund from the government, that you're going to owe them money. Then they can't take it.

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So there are strategies to make this better. It's up to you to find a way to get it. Sometimes that means coming to somebody like me that wants your trust.

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