NEW SBA LENDING PROGRAM

Swartz & Reeder Advisors has partnered with Capital Direct to offer our clients a streamlined SBA EIDL application process compared to pursuing it alone. The SBA Economic Injury Disaster Loan (EIDL) Program provides an ideal funding solution for small business owners to expand, acquire new customers and increase sales.

Under this program, approved applicants will receive up to $500,000 of working capital at just a 3.75% interest rate under a 30-year repayment term. Moreover, applicants are not required to make any payments for the first 24 months of the loan term.

BOOK YOUR FREE 30-MINUTE CONSULTATION





    Why now is a good time to get a SBA EIDL loan?

    SBA disaster loans were made widely available for small businesses affected by COVID-19 as part of the CARES Act (signed into law on Friday, March 27, 2020). The Coronavirus Relief Bill (signed December 27th, 2020) allocated an additional $20 billion for SBA Economic Injury Disaster Loans (EIDL)

    SBA DISASTER LOAN APPLICATION PROCESS

    FREE 30 minute consultation

    Book your free 30-minute call with one of our business consultants. We’ll answer all your questions and help explore options for you loan.

    Verify loan eligibility

    We will guide you trough the process – from verify property and loan eligibility to estimating your losses, financial need, and compiling your business story

    SBA disaster loan approval

    You can expect your disaster loan to start incremental payments in 2-4 weeks. You will also be assigned a loan officer who will work with you through the duration of your loan.

    SBA disaster loan terms and rates

    Eligible businessesSmall businesses and private nonprofits
    Max borrowing amountUp to $500,000 loan amount
    Term lengthsUp to 30 years
    Interest rates3.75% (2.75% for nonprofits)
    Deferred Payment 12 months

    * Terms are determined on a case-by-case basis, based upon each borrower’s ability to re-pay