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Low Interest SBA Loans Offered to Small Businesses Struggling from Covid-19 Crisis

31 Tuesday Mar 2020

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April Cole, BEST LLC, SBA Loans

mailto:april@bizdoneright.com

Is your business one of the thousands of businesses struggling to get through this economic crisis that we have come to know as Covid-19? Could your small business use working capital of anywhere from $100,000 to $2,000,000 to make payroll? How about just pay the bills? Or even as working capital to start back up when this crisis has past? Let’s face it, no one truly knows how long this will drag on. Is your business prepared to not only weather this economic storm, but thrive in it? With the passage of historic legislature last week, many small businesses now qualify for these loans. But where do you start?

BEST LLC (Business Executive Solutions & Technology) recently brought on April Cole, the former owner and current board member of Capital Living, as a business consultant. This new position allows her to help small business owners overcome many of the obstacles that they face daily, including website development, social media management, merchant services and small business loans.

One of those obstacles many small business owners are facing is how to procure an SBA Loan to get through this Coronavirus pandemic. These loan amounts range from $100K to $2 Million at an unheard of rate of 2.5%. There are no up front costs and the process has been streamlined to expedite processing. You can have your money 30 days after the application is processed.

What can you use this capital for?

  • Payroll: Retain Employees (this portion may be later “forgiven” by the government)
  • Debt Consolidation: Credit Cards, LOC, Business loans (business debt higher then 3%)
  • Working Capital: Supplies, Overhead, Bills, Start up monies as business resumes again

Loan terms:

  • $100K – $2 Million Dollar Loans
  • Up to 30 year terms
  • Fixed 2.5% interest rate
  • No Pre-Payment penalty
  • No Up Front Out-of-pocket Expenses

Through April Cole and BEST LLC, the requirements have been simplified for an easier and a more streamlined qualification process.

Requirements:

  • Business exists for a minimum of two years
  • Business & Personal Taxes from 2018 & 2019
  • Credit Score of 600 or better
  • Last 6 months of bank statements
  • $250K in Annual Sales

If you meet or exceed this criteria and would like to apply for this SBA Loan through April Cole and BEST LLC, contact her at april@bizdoneright.com or her cell at 502-316-5004. She can help any small business anywhere during this crisis. This can all be done via email and phone calls.

Don’t meet these requirements? No problem! We can still help! Businesses in existence for only 6 months to 24 months can still qualify. Contact April at april@bizdoneright.com for more information. Just include in the subject line 6 – 24 month BEST Loan. What can BEST do for you today?

During this difficult time, stay safe & God Bless!

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Sazerac House Now Producing and Bottling Peychaud & Bitters

12 Thursday Dec 2019

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Aged Peychaud's Bitters, Bitters, Sazerac, Sazerac Company, The Sazerac House

Third-floor apothecary exhibit showcases production and bottling of historic secret recipe NEW ORLEANS, LA (December 12, 2019) –Peychaud’s Bitters, originally created by …

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Buffalo Trace Distillery Completes Second Warehouse X Experiment

11 Wednesday Dec 2019

Posted by Capital Living in Bourbon & Spirits, News, Tourism, Uncategorized

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Bourbon, Buffalo Trace, Buffalo Trace Bourbon, Buffalo Trace Distillery, Warehouse X

Warehouse X was specifically designed for the Distillery to study the many variables that affect the bourbon aging process.

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Buffalo Trace Distillery to Partner with Kentucky River Tours

01 Tuesday May 2018

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River tour boat to be named by Buffalo Trace employees and social media followers FRANKFORT, FRANKLIN COUNTY, KY (May 1, …

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KHS Wishes to Share Fond Memories and Holiday Recipes with You

21 Thursday Dec 2017

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Kentucky Historical Society, KHS

This gallery contains 2 photos.

from all of us at the Kentucky Historical Society The holidays are all about great memories, and with your help …

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Rosenwald Center for Families and Children to become the Rosenwald 4-H Center

20 Wednesday Dec 2017

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Kentucky State University, Rosenwald 4-H Center, Rosenwald Center for Families and Children

This gallery contains 3 photos.

FRANKFORT — The Rosenwald Center for Families and Children has served the Frankfort community since 2013 and will continue to do so, …

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November 15th Food for Thought presents Native American contributions to Kentucky

07 Tuesday Nov 2017

Posted by Capital Living in History, News, Uncategorized

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Food For Thought, Food for Thought: Native American contributions to Kentucky, Telling the Story: Native American Presence in Kentucky

Telling the Story: Native American Presence in Kentucky Learn about the fascinating history and rich culture of the people who …

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Celebrate the Sound & Spirit of the Season

29 Friday Sep 2017

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A Joyful Christmas, Grand Theatre, Jim Brickman, The Grand Theatre

This gallery contains 1 photo.

Be part of the holiday concert tradition of the season with Grammy nominated songwriter and piano sensation Jim Brickman as …

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Frankfort Chamber Golf Scramble to Take Place this Friday

12 Monday Jun 2017

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This gallery contains 3 photos.

Join the Frankfort Area Chamber for a great day on the Course. Foursomes $260/Individual players $65. Includes lunch, goody bags, …

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JSP Fall Arts Festival this Sunday

08 Thursday Sep 2016

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Fall Arts Festival, Josephine Sculpture Park, JSP, JSP Fall Arts Festival

This gallery contains 1 photo.

Each year, it gets bigger and better. And each year, families flock to the free event (although parking is $5) …

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