With the return of the EIDL Grant and EIDL Loan programs, a new surge of scammers has returned to prey on business owners! So, in this video, I'm going to give you some signs to watch out for so that you don't fall into the hands of the scammers. I'm also going share how you can get legitimate help when applying for the EIDL Grant and the EIDL Loan Program.

Explanation of the EIDL Loan Program: [ Ссылка ]

1:31 False Representation of SBA.

Very often, you'll see social media profiles or even youtube channels with a picture of the SBA logo. Pretending to be the SBA soliciting for help.
Be VERY careful as these social media profiles might be scammers looking to scam you.

2:33 Asking Sensitive Information over the phone.

If the person on the phone is asking for your full social security number, EIN, address, or any other information that they can identify you with, hang up the phone. Again, these scammers may pretend to be with the SBA to obtain information from you.

3:24 Asking for an Up-front Fee

4:23 Suggesting that you should Lie or Skew the numbers

5:05 Make Sure You're on the Right Website

If you see any other website links (especially ones that are not secured - not HTTPS), chances are, they are NOT the SBA.

6:00 Practicing law or giving you tax advice

If your "helper" is giving you tax or legal advice without actually being a licensed professional. (i.e. making you create an LLC and a corporation)

6:58 If you smell something shady... speak up!

Get a second opinion on the process.

Okay! So Here's how you get real help for your SBA EIDL application or even your PPP application.,

8:02 Talk to a local licensed professional

This could be your attorney, accountant, bookkeeper, or a financial counselor that can actually represent you because they are licensed to do so. If you are a business, you should already have an accountant or an attorney that can help you with the EIDL application.

9:09 Review Your Application before Submitting

Before submitting your application, be sure that YOU review them and make sure that all information is truthful, accurate, verifiable.

9:32 Fees are disclosed before you sign up

Fees should be paid upon successful application. It's okay that some attorneys charge you a small retainer upfront.

9:54 Your Professionals Need to Protect You

If you ever share your private information such as credit information, your licensed professionals should understand that there are laws set in place to protect your information. Some laws also suggest that your private information be deleted after a certain period of time.

10:38 Don't be afraid to ask any questions...

😃 Thanks for Subscribing & Liking our Video!

📧 ⌨️ FREE 7 Day Trial To PropStream Real Estate Investing Software:
[ Ссылка ]

📊 Pay Off Your Mortgage In 5-7 Years (On Average):
[ Ссылка ]

💻 JOIN OUR FREE FACEBOOK GROUP FOR LANDLORDS & PASSIVE INCOME:
[ Ссылка ]

📡 PROTECT YOUR ONLINE DATA AND ACTIVITY WHILE CLOSING DEALS AND GENERATING NEW LEADS WITH NORDVPN:
[ Ссылка ]

🔊 Our Podcast:
🔹Spotify: [ Ссылка ]
🔹iTunes: [ Ссылка ]

📧 Hire the Kwak Brothers to Speak: info@thekwakbrothers.com

#realestateinvesting #thekwakbrothers #realestate
========================
---DISCLAIMER--- The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.

свернуть