Call today! (949) 860-1535
Call today! (949) 860-1535
COVID Funding for business owners who have been impacted by the pandemic
Bank Loan Depot can review your file and any decline in order to best ascertain what options you may still have to appeal. Not all declines are final and not all declines are equal
New limits have been increased to $500,000 without collateral and 2 Million with collateral
3.75% APR
30 Year Amortization
2 Years deferred payments
Most new applications will be funded within 45-60 days
Complete the questionnaire below and a team member will reach out to you.
Looking for additional EIDL funds or possibly appealing a prior decline? The program has been significantly overhauled and we are seeing tremendous success with both appealing declines and getting additional funds for clients like yourself!
EIDL requirements have been lowered to 570+ for under 500k and 625+ for over 500K.
The loan is at 3.75% fixed, deferred payments for two years, and a balance of P + I payments made over 28 years.
Program updates:
As of September 8, 2021, NEW COVID EIDL policy changes have taken effect that entails the below updates to the program:
Loans greater than $500K to $2 million
22792 Centre Drive, Lake Forest, California 92630, United States
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