The Jonathan Mills Patrick Show

S1E47 - Small Business Grants versus Loans

13 min · 9 de nov de 2021
Portada del episodio S1E47 - Small Business Grants versus Loans

Descripción

Every entrepreneur looking for capital would love some free money. The key is understanding which programs are loans and which are small business grants. _______________________________________ Want to start a business helping companies find the capital they need to launch and grow their business? Register for my Commercial Loan Broker in a Box course at https://jonathanmillspatrick.gumroad.com/l/commercialloanbrokeriab/ _______________________________________

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Hi, folks. The SBA has just announced an increase to the maximum EIDL loan amount. In fact, they quadrupled the maximum amount! But, there are some requirements you may have to meet depending on the loan amount you ask for. Timestamps 2:10 The increase amount for the program 2:45 A reminder about the program 3:37 UCC filing requirements 4:37 Real estate requirements 5:21 Personal guarantee requirements 6:36 How the grant component works 7:40 Links to the application process and a checklist Links mentioned in the episode Low-income verification map - https://sbaeidl.policymap.com/newmaps#/ Application process and checklist - https://www.sba.gov/funding-programs/loans/covid-19-relief-options/eidl/covid-19-eidl#section-header-5 ____________________________________________  Interested in making $$$ helping companies find capital to grow through loans? My latest course, Commercial Loan Broker in a Box [https://jonathanmillspatrick.gumroad.com/l/commercialloanbrokeriab], teaches you how to start you own side hustle or full-time career brokering business loans. ____________________________________________  If you are looking for more information about entrepreneurship and startups check me out at JonathanMillsPatrick.com [http://jonathanmillspatrick.com/]. You can download free startup resource guides at this link.

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