Hazard Insurance If You Work From Home

Update on Hazard Insurance If You Work From Home especially if you're a gig worker, freelancer, self-employed working from home. If you are a UBER/LYFT driver and you work from home (when you're not driving), this info can apply as well.

IF YOU DO NOT HAVE BUSINESS INSURANCE, we've been told by multiple SBA reps that they'll accept HOMEOWNERS & RENTERS insurance for those folks working from home as long as:
1. Your policy includes CONTENTS / PROPERTY
2. YOUR NAME and address is the same as your EIDL LOAN.

If this isn't the case, CALL YOUR AGENT or the insurance carrier to discuss making necessary changes.

Please check this post in our community tab on Hazard Insurance:
https://www.youtube.com/post/UgyH3A9vfDG_B9Ul2O94AaABCQ

Hope this helps. I'm not sure what else I can answer for you.

Plan and prepare for an EIDL approval:
https://auroraconsulting.biz/2021/05/01/planning-and-projections/

How & WHY to Submit A PRISTINE document package to the SBA:
https://auroraconsulting.biz/2020/12/02/submitting-documents-to-sba/ ‎

10 TIPS when applying for Disaster Financing:
https://auroraconsulting.biz/2021/01/09/apply-for-disaster-financing/

Aurora Disaster Financing Consulting Services
http://auroraconsulting.biz/disaster-financing-consulting-services

VISIT OUR YOUTUBE COMMUNITY PAGE:
https://www.youtube.com/c/LindaReyandTrevor/community

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
https://business.google.com/reviews/l/02154723169345025639

💥 Take our eligibility survey if you want to work with us:
https://www.auroraconsulting.biz/eidl-consulting-services/

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. We are not a lender nor do we represent the SBA. We provide recommendations and suggestions based on 30+ years of experience with government loan progreams.

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:
https://auroraconsulting.biz

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🙋♀️Linda Rey’s & 🙋♂️Trevor's channels:
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Видео Hazard Insurance If You Work From Home канала EIDL Loan Experts | Linda Rey & Trevor