The SBA has announced that the Economic Injury Disaster Loan (EIDL) program is available until the end of this year! Both business owners who have not yet applied and owners who have previously applied can get access to additional funding.
What Are The Requirements To Apply For An Economic Injury Disaster Loan?
- Must have been in Business in January 1, 2020
- Completed 2019 business tax return
- 570 minimum FICO score
Some Benefits Of Using The EIDL Program
- Loan amount up to $500,000 (Your 2019 business income will determine the loan amount for which you are eligible)
- 3.75% interest rate
- Up to 30-year loan term
- 12 Months of Deferred Payments
Where else are you going to get a loan for up to $500,000 at 3.75% interest for 30 years with one year of deferred payments?
Click the green button to apply now while funds are still available.
