What To Do If Your EIDL Loan was DENIED with a Specific Reason. Timestamps:
0:00 What to do if your EIDL LOAN was declined
0:20 What to do if there is a specific reason stated on the EIDL Denial
0:34 See our video for tips on Frustrating follow up
0:43 Worst part of the process is waiting for the SBA to address your request
0:50 What can you do in the meantime while you're waiting
1:10 How will the SBA Loan Officer contact you
1:18 Why are EIDL loans typically declined
1:30 What DOESN'T THE SBA DO when an EIDL LOAN is declined
1:36 What do to if your EIDL LOAN was declined due to credit
1:45 No matter what, do this if your EIDL loan was denied

VIDEO links mentioned in this video:
1. Unverified Information on an EIDL Loan Application: [ Ссылка ]

2. Frustrating follow up: [ Ссылка ]

3. How to Speak to an SBA agent:
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4. How to Write a Reconsideration Letter:
[ Ссылка ]

RESOURCES:
Rebuilding Credit After Bankruptcy:
[ Ссылка ]

For sample EIDL Application & FAQs, visit our website to download.
www.AuroraConsulting.biz

💥 We are Commercial Financing Brokers. 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.

📌 Our Financing Services & Products:
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🙋‍♀️Linda Rey’s & 🙋‍♂️Trevor's channels:
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