A felony on the record doesnвЂ™t necessarily disqualify you offered it is really not recent and also you actually have a clear record.
If you have a powerful credit rating, there are several choices open to you for alternative types of financing, however they will never be the exact same low-interest loans increasingly being provided by the SBA.
Other Financing Alternatives
Business Credit Cards
If you’re experiencing one or more associated with 4 items that automatically disqualify you for a PPP loan, a company bank card may be a good option. Especially because of the current cuts to your Prime speed because of the Federal Reserve, which means that bank card APRs could possibly be less than they were year that is last this time around. Although a true range bank card providers are accepting fewer charge card applications at this time, you can find nevertheless some which can be. Continue reading “4 items that Automatically Disqualify You for the PPP Loan”