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  1. #1
    Member Reputation points: 7122 Martinez N's Avatar
    Join Date
    Mar 2018
    Location
    Temecula, CA
    Posts
    71

    Lightbulb American Rescue Plan Act of 2021

    After almost a year of setbacks, the US economy is ready to face a boom. Experts suggest that the GDP may even surpass pre-pandemic conditions. But as expected, the recovery could be a little bumpy in the short run.


    The Act sanctioned $10 Billion through SSBCI for State Governments to help fund private businesses and hand out low-interest loans alongside other investments that helped in the recovery of the small business industries.

    Government spending will continue to support growth, so will private businesses. Meanwhile, it’s only natural that some businesses will be left out from the heavy government funding.
    But they can still be able to survive and sustain themselves by applying for Merchant Cash Advances from the MCA industries.

    All in all, it’s a great time for Small Businesses to thrive, be they old or new. So if you’re a small business owner, your time has come to apply for a quick business loan today.
    Nadia Martinez | MCA Leads Pro
    Business Development Manager | info@mcaleadspro.com
    Live Transfers | Realtime Call Back | Aged Leads

    www.mcaleadspro.com

  2. #2
    It's a good news. Although, to be honest, during this time of the pandemic, our IT company didn't suffer much. But I know a lot of small companies that couldn't work during the crisis and were forced to close.
    Developer WorkTime

  3. #3
    Senior Member Reputation points: 66298 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,087

    Well the EIDL program is/was a disaster as the SBA is clueless how to run and manage a program. They were poorly trained and overwhelmed. Initially said processing companies would be paid out of the funds. Then we find out we have to chase the borrower to get paid and we had no clue as when they were paid. We got stiffed for tens of thousands of dollars...some are members on this site which will remain nameless.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

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