An Economic Injury Disaster Loan (EIDL) from the SBA aids small businesses and non-profits facing economic fallout due to disasters, providing up to $2M with low interest and long repayment terms to cover essential operational costs.
Our team specializes in guiding businesses through the EIDL application process, significantly reducing the common errors seen in self-managed submissions. With our deep understanding of the program, we achieve a high rate of approval and funding compared to non-specialized approaches.
Our industry connections and expert application formatting significantly increase your funding potential, ensuring you get the most out of the program.
With our insider SBA connections and a keen understanding of their process, we fine- tune your application for the fastest possible approval. Our expertise and back-end access cut through delays, speeding up your funding access.
You will receive a dedicated team who are experts in the industry, enabling you to receive the most funding possible.
To be eligible for the Economic Injury Disaster Loan (EIDL) program, businesses must be located in areas designated as disaster zones. Below is a breakdown of the active EIDL disaster areas
Funds can be used for essential business needs including:
The EIDL program offers up to $2M in loans to small businesses and non- profits to cover expenses during a disaster, with an easy application process, because the SBA aims to help them stay afloat when their normal operations are disrupted.
EIDL funds can be used to pay for expenses such as payroll, rent, utilities, and other ordinary and necessary operating costs.
If your application is complete and approved, funding can often be provided in less than 30 days, allowing for quick financial support.
We believe in your business’s recovery; our fees are success-based, meaning we only get paid when you receive your funding.
The standard document package for an EIDL application includes: