SMALL BUSINESS DISASTER RELIEF LOANS

👉🏻The SBA is backing short term relief capital for those effected by coronavirus.

💎With the current events unfolding, it is best to HAVE CASH to keep the lights on because you never know when a slow month will come. It’s always better to sacrifice a small bit of capital if it keeps you from going into bankruptcy.

Here are the requirements:

✅Time in Business: 2+ years

✅Must have a Federal Tax ID Number (EIN)

✅Must have been cash flow positive prior to mid-February 2020

✅Minimum personal credit score: 620

✅Estimated timeline for approvals: 5–7 business days- after all docs are received

✅Must pass the ‘credit elsewhere’ test

✅Minimum Debt Service Coverage Ratio of 1.15%

✅Up to $5mm can be requested, but your approval is based on your monthly sales.

💥If you need help keeping the lights on, now is a great time to request capital.

PLEASE CALL Joe directly at 585–455–2197 or email Starcadecapital@gmail.com for submissions