YOU TELL THE BANK HOW MUCH YOUR PPP LOAN SHOULD BE

#Shorts Here's a common misunderstanding: ;YOU TELL THE BANK HOW MUCH YOUR PPP LOAN SHOULD BE. If your bank is driving you nuts on how much your PPP loan amount should be, CHANGE BANKS!

It's a self certification program. You attest to the amount by submitting payroll documents. You can fire your bank from doing your PPP loan.

Here's the deal. SBA told banks they are triple checking PPP loans due to massive fraud in the 1st round so banks are scared so they are conducting a massive CYA campaign. Ya know, dot the "T"s and cross the "i"s...you know what I mean!!

Everything about the system that is supposed to get money into the hands of small business is failing us.

#brutaltruth #truthbomb #truthhurts

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For sample EIDL Application & FAQs, visit our website to download.
https://auroraconsulting.biz/2020/10/16/can-you-apply-for-another-eidl-loan/

NEW WORKSHEEET for EIDL Reconsideration Requests:
https://auroraconsulting.biz/sba-disaster-loan-updates/

DOWNLOAD FAQs on Hazard Insurance & sample BOARD RESOLUTION LETTER:
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

Credit Report RESOURCES:
Rebuilding Credit After Bankruptcy:
https://auroraconsulting.biz/rebuild-credit-after-bankruptcy/

Download a working captial worksheet to determine amount for when you file for an EIDL reconsideration: https://auroraconsulting.biz/sba-disaster-loan-updates/

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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.

Let your account receivable work for you so you can work on your business.

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.

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