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Processing (credit check) (this is the stage my app is in, still haven’t been assigned to a loan officer) this step is also where you are invited into the sba portal via email. I applied for the sba eidl loan and going back and forth the idiots at bofa who dont understand how my s corp business works, i was granted the loan on june 28th 2020 with 1 inq on ex. the eidl loan has a deferment of 1 year and i wuld not have to start payments of $86 until july 2021. wondering how lenders will view this?.

Re: bhg i applied, approved $200k any other experiences? didnt the business loan have a prepayment penatly and other things that were a huge turn off? i have ck pre approvals galore on these people for huge amounts, not 200k huge, but big nope for me as dont need. Re: late payment on sba , 30 days from my understanding, if you gave them a personal guarantee, basing the loan off your personal credit and agreeing to take responsibility in the event of a default, a commercial sba loan can report to personal credit bureaus. did you give a pg (personal guarantee) at the time of signing for your business loan?. No, it's not prime bank rates but sba 7 (a) loans are all over 10% right now. with a 700 credit score and tax returns showing a profit i can a borrower into a 10 year sba 7 (a) loan at 10.5%. Has anyone done business with banker's healthcare group (bhg)? they offer personal and business loans to established professionals that do 6497067.

No, it's not prime bank rates but sba 7 (a) loans are all over 10% right now. with a 700 credit score and tax returns showing a profit i can a borrower into a 10 year sba 7 (a) loan at 10.5%. Has anyone done business with banker's healthcare group (bhg)? they offer personal and business loans to established professionals that do 6497067. I have a personal us bank checking and cc $18k for the past 3 years, i received in the mail from us bank 2 business products they have business quick loan (secured) and cash flow manager loc (secured or unsecured) has anyone applied for these? seems these are pg products, but wondering if its a sp. Has anyone bought a family business before? and if so, did you go through the sba loan process? the reason i’m asking is my parents are close to retirement and i am interested in purchasing their business from them. we are meeting with a lawyer later this summer to begin preliminary planning. i. Re: eidl on credit report @youngbiz21 wrote: does anyone know if the eidl will show up on your personal credit report if you are a sole proprietor? i would think it will. i have an s corporation and the sba pulled my experian report for the eidl (the pull was a month ago and still no decision on whether or not i will get anything). Re: revolving business line of credit best wishes on your sba loan . . . i will be going that route soon. i too am seeking business funding; monthly income not there yet but i refuse to seek loans from high interest loan companies. wishing you continued success with your businesss!!! starting fico 8 score in 06/2019: eq 625, tu 649, ex 640.

I have a personal us bank checking and cc $18k for the past 3 years, i received in the mail from us bank 2 business products they have business quick loan (secured) and cash flow manager loc (secured or unsecured) has anyone applied for these? seems these are pg products, but wondering if its a sp. Has anyone bought a family business before? and if so, did you go through the sba loan process? the reason i’m asking is my parents are close to retirement and i am interested in purchasing their business from them. we are meeting with a lawyer later this summer to begin preliminary planning. i. Re: eidl on credit report @youngbiz21 wrote: does anyone know if the eidl will show up on your personal credit report if you are a sole proprietor? i would think it will. i have an s corporation and the sba pulled my experian report for the eidl (the pull was a month ago and still no decision on whether or not i will get anything). Re: revolving business line of credit best wishes on your sba loan . . . i will be going that route soon. i too am seeking business funding; monthly income not there yet but i refuse to seek loans from high interest loan companies. wishing you continued success with your businesss!!! starting fico 8 score in 06/2019: eq 625, tu 649, ex 640.

Re: eidl on credit report @youngbiz21 wrote: does anyone know if the eidl will show up on your personal credit report if you are a sole proprietor? i would think it will. i have an s corporation and the sba pulled my experian report for the eidl (the pull was a month ago and still no decision on whether or not i will get anything). Re: revolving business line of credit best wishes on your sba loan . . . i will be going that route soon. i too am seeking business funding; monthly income not there yet but i refuse to seek loans from high interest loan companies. wishing you continued success with your businesss!!! starting fico 8 score in 06/2019: eq 625, tu 649, ex 640.

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