Posts Tagged ‘EIDL’
MSLP, Mainstreet Lending Program in Further Detail
What is MSLP The program is designed to clean up debt and give your business a clean slate with working capital over the top. It also helps credit flow to small and medium-sized for-profit businesses and nonprofit organizations that were in sound financial condition before the onset of the COVID-19 crisis, but now need loans…
Read MoreMain Street Lending Program loans from $2,000,000-$35,000,000.
Main Street Lending Program loans from $2,000,000-$35,000,000. Before wasting any more time: Minimum Annual Revenue $10,000,000 Minimum Average Credit Score: 680 This is a very good loan when once packaged will be sent across 650 banks who will pick and choose which files they want to fund. Our job at VIP Capital Funding…
Read MoreDeadline December 21st to apply for EIDL up to $150,0000 (Economic Injury Disaster Loan)
Application Deadline December 21, 2020 Note: Accepting Only $400,000 Annual Revenue minimum for the year 2019 and 640 minimum credit score. We are doing our best to help everyone if you meet the requirements and tried getting funding before please reach out again. Due to heavy volume, it has been hectic. EIDL Economic…
Read MoreWhen You Should Take A Small Business Loan
Small businesses have a unique structure and unique needs. As such, the financing they require during different times of their life cycle or at certain milestones means they need to look for adequate options. But taking out a loan for your business isn’t a small decision – you don’t want to borrow more than you…
Read MoreThe current state of businesses during the COVID 19 pandemic and the Cares Act of Paycheck Protection Program, Economic Industry Disaster Loan, and The Main Street Lending Program
Since the COVID 19 Pandemic began, many industries have become prohibited in lending such as bars, restaurants, gyms, or any other business where many people gather. The way the United States has operated has completely changed. Many people are staying inside, and it is mandatory to wear a mask everywhere you go. This has narrowed…
Read More