[FirstCapitalWealth]

Hi I have a couple of merchants who need an EIDL, Can I get a list with your contact details and ISO agreements.

Channon Smith
CEO
First Capital Wealth INC
646-460-6850
firstcapitalwealthinc@gmail.com

[Olderguy]

I can do them as a SBA processing company. I get paid by the borrower when funded which is allowed by the SBA but reduce the fee depending on the loan amount...if under $10,000... I have done HUNDREDS of these and have dealt with all the denials. Probably funded several million through this program. Can also do second round too but charge less as it's a portal issue and guideline issue. I am also a SBA 7A expert and use the largest non bank SBA lender in the United States working directly with the Managing Director. (7A is a lender program) This EIDL is a SBA direct program. No ISO agreement and no lender involved. I can pay referral fees when funded. I have a complete email package and I review all the docs with the borrower and upload them. Nobody gets the information correct on the Form 5 and they also have trouble with the P-019 form too. I have to see the tax return to get the right NAICS code and to review the COGS. I'll email you a package.

[Yankeeman07]

Hi I have a couple of merchants who need an EIDL, Can I get a list with your contact details and ISO agreements.

Channon Smith
CEO
First Capital Wealth INC
646-460-6850
firstcapitalwealthinc@gmail.com

EIDL Intake Form (Application) - Merchants that have not applied previously:

https://covid19relief.sba.gov/#/

[Olderguy]

EIDL Intake Form (Application) - Merchants that have not applied previously:

https://covid19relief.sba.gov/#/

I have done hundreds of these and good luck getting it right....

[sigmundpannu]

I have done hundreds of these and good luck getting it right....

It’s simple math for goodness sake, anyone who can follow directions can get the EIDL. SBA EIDL employees don’t want to speak to the “packager”. Gross revenue, minus cogs X2 equals the loan amount based on the new guidelines to cover 24 months of revenue.

[Olderguy]

It’s simple math for goodness sake, anyone who can follow directions can get the EIDL. SBA EIDL employees don’t want to speak to the “packager”. Gross revenue, minus cogs X2 equals the loan amount based on the new guidelines to cover 24 months of revenue.

Ask them what their NAICS code is or what COGS is? Hahaha....

[mistamca]

Ask them what their NAICS code is or what COGS is? Hahaha....

It is not that cosmic. "Hi XYZ - please send over 2019 & 2020 tax returns so we can run some quick numbers for you and tell you what you qualify for. If you do not have 2020 tax returns, then send over your P/L & B/S"

[Olderguy]

Requesting too much of an increase. I'd double the original amount and justify the revenue decline. Yes more stips may been needed.