613 Credit Score – EIDL Loan Increase | Document Requirements | Credit Scores 😱
613 Credit Score – How to Choose
How can you manage the EIDL loan increase process including Document Requirements & Credit Scores: What to do and what NOT to do when you are submitting your EIDL loan request. Timestamps:
0:00 If you’re LATE to the party
0:39 SBA reps working without guidelines
1:03 Business Financing PRE-COVID
1:22 COVID Consequences
1:58 MILESTONE celebration
2:38 Checking credit constantly
3:28 Should you worry about SBA checking your credit
4:49 Will EIDL money run out
5:05 Stimulus perspective
5:42 Knowledge is power
Free Ebook on REBUILDING CREDIT: https://auroraconsulting.biz/rebuild-credit-after-bankruptcy/
How & WHY to Submit A PRISTINE document package to the SBA:
Schedule a FREE 15 minute consultation:
For sample EIDL Application & FAQs, visit our website to download.
DOWNLOAD our sample Board Resolution Letter:
10 TIPS when applying for Disaster Financing:
IF OUR INFO has been useful, helpful & productive, please consider leaving us a GOOGLE REVIEWS so other business owners find this channel for SBA EIDL information: https://g.page/AuroraConsulting/review
💥 We are Business Financing Brokers and Disaster Financing Specialists. We help you get cashflow into your business so you can run your business. Financing Solutions to Build Your Business.
Let your account receivable work for you so you can work on your business.
We started Aurora Consulting inspired by a conversation over dinner with our new neighbors. He went to the bank, they spent considerable time (and his money) processing the loan application. He needed $500,000. After months of processing the bank approved $50,000
He said, “I think you left off a zero.”
We review all financial statements, business plans, marketing plans and any other pertinent items in the early days of working with a new client. We do this to anticipate and resolve problems a Bank or Lender may have in the future.
When you apply directly to a Bank/Lender for commercial financing, these items, credit reports, financial statements and the like, are not reviewed until the late stage of the loan application process.
By then the applicant has spent time collecting and submitting documents and spent money on application fees, appraisal fees and other associated costs.
Literally most Banks/Lenders do not run a credit report until the very final stage of the application process, weeks or months after the initial application.
At that point, if a credit issue arises on the credit report, all those weeks and months of work are quite literally flushed down the toilet and the loan is declined.
Our role as your financing Broker is to review all relevant documents, including a credit report, in the early stages of your request, before the application, before we’ve even started conversing with a Bank/Lender.
📌 Our Financing Services & Products:
🙋♀️Linda Rey’s & 🙋♂️Trevor’s channels:
#EIDLLoanIncrease #EIDLloan #CreditScores #DisasterFinancing #BusinessFinancing #EIDLloanupdate #BusinessLoan #businessloans #EIDLUpdate #SBALoans #DisasterLoans #SBALoan #businesscredit #SBAEIDLLoan