Will SBA Sell Their SBA COVID-19 EIDL Portfolio
This blog complements our YouTube video, where we analyzed an INC.com Article. We scrutinized several sections in the article, The SBA Will Keep Its
Finance Blog
Insights to Identify Business Credit Financing & Commercial Mortgage Concerns
Repayment Of The COVID-19 EIDL
Would it surprise you that SBA makes it shockingly DIFFICULT for BORROWERS to make PAYMENTS? Since January of this year, we have been inundated
EIDL Class Action Lawsuit against SBA | Opinion: Who’s to Blame
With uncertainty over the depth and length of the pandemic, including lockdowns, many Small Business Owners found salvation through the monies distributed by SBA
COVID-19 EIDL Hardship Accommodation Update: Change of Ownership
Many struggling businesses are requesting a reduced payment through SBA’s hardship accommodation program. SBA will allow you to reduce your monthly payment to as
COVID-19 EIDL Forgiveness: NOT HAPPENING
Often we’re chided and derided for our communications about the EIDL program and the SBA. We operate under the credo that we refuse to
Business Owner vs SBA vs Congress
The United States Small Business Administration (SBA) is under tremendous pressure from two sides with the COVID-19 Economic Injury Disaster Loan (EIDL) program.
Are LLCs Immune from COVID-19 EIDL Debt Collection?
We received the under-noted comment/questions on one of our YouTube videos. Both our video and this comment serve to demonstrate the continuing dysfunction of
Removing Credit From Your Credit Report
Click to Watch our One Minute Video Have you been approached by people who claim they can repair or restore your credit and improve
Forced to Take the COVID-19 EIDL
We received an inquiry from a Small Business Owner with a COVID-19 EIDL. Her (unedited) inquiry reads as follows: “I was forced when I feel
EIDL Q&A 101
Questions and Answers about EIDL Small Business Owners have so many questions about the COVID-19 EIDL program such as: “Are EIDL loans forgiven if
The Problem with Crowdsourced Knowledge
We believe crowdsourced knowledge can be useful for two reasons ONLY. Both of these concepts are valuable, but should only be used as a
17 Q&As from Our YouTube Channel
From the very beginning of the pandemic, Linda Rey and I set out to provide thoughtful, truthful, and accurate information to struggling Small Business
5 FAQs about the SBA EIDL Loan
There are five sections in this post that address various issues people inquire about with us on an almost daily basis. Our Post-Closing EIDL
Can SBA Forgive a COVID-19 EIDL?
https://youtu.be/r9RQ2IW3n60 No, but Congress can because they did it before. Small Business Owners with COVID-19 EIDLs want their loans Forgiven Facts about the Forgiveness
3 Key Issues with the SBA Natural Disaster EIDL Loan
YouTube Playlist YouTube Playlist An article recently published by Louisville Public Media, shares how homeowners and business owners are working on their recovery from a
Mindset and Makeovers: A Tale of Mistakes
Over the past three years, during COVID, we helped thousands of business owners secure funding through the various disaster programs in the United States.
US Treasury State Small Business Credit Initiative
The federal government is making available $10 Billion and all small businesses in the country are eligible for the money. This is not the
SBA Facts, Faults and Failures
https://youtu.be/LZ-z7yWqmFg For all its faults, SBA has helped MILLIONS of Small Business Owners (SBOs) with the EIDL program. Seems irrelevant when you’re still waiting