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The emergence of the Economic Injury Disaster Loan (EIDL) is premised on the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The Act empowered Small Business Administration (SBA) through EIDL to grant financial relief packages to small-business owners and nonprofits organizations as well as charitable organizations such as churches and private universities who were hampered […]
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With the desire to assist in offering shelter, FHA was set up to insure mortgages issued by lenders like (banks, credit unions, and non-banks) to interested and qualified persons. This FHA loan is a mortgage insured by the Federal Housing Administration which allows down payments as low as 3.5% with a 580 FICO, FHA loans […]
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BlueVine came into existence with a core mandate to provide over $9 billion to 200,000 customers or more. BlueVine PPP was established back then in 2013 as an entrepreneurial leader whose target is to finance small businesses with a credit worth of $250,000 and invoice factoring with credit lines to a tune of $5 million. […]
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Blueacorn PPP came with the idea of empowering small business owners and independent workers by helping them to access the PPP loan funding they so deserve. To ease the process, Blueacorn has the connecting technology and financial expertise that help rationalize the PPP application process making it seamless for small businesses, independent contractors, and the […]
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The desire to encourage homeownership and economic development in rural areas brought about the establishment of the U.S. Department of Agriculture Mortgage Program using the USDA Home Loan. This loan is exclusively for eligible rural homebuyers and is affordable due to its zero down payment mortgage. In fulfillment of its program mandate of improving the […]
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The Paycheck Protection Program abbreviated as PPP is a business loan program implemented by the Small Business Administration. This was designed in form of a grant to help small businesses, including self-employed and sole proprietors, stay in business. The loan provided comes with a low interest basically to help the borrower pay for their payroll […]
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There are several ways in which both new and used cars can be purchased. Toyota cars can be paid for either cash, start a lease or apply for financing. Understanding the working of financing helps you make some crucial and informed decisions which is why Toyota Financing serves you better to avoid your worries and […]
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Before now, obtaining a payday loan required lots of paperwork. With the advent of technology and the rise of digital bank services, the process and procedure is no longer the same. A payday loan is a meager loan within the limit of $500 granted to borrowers on a short-term basis at a high cost. The […]
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