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What if you’re NOT eligible for an EIDL loan?

What if you’re NOT eligible for an EIDL loan?

By Nina Kaufman, Esq.

In addition to the Payroll Protection Program, the SBA extended its Economic Injury Disaster Loan program to cover businesses affected by the Coronavirus. Millions of small business owners rushed to apply … before they knew all the details. After a long wait – and lots of confusion – the SBA is now reaching out to business owners to complete their applications. But it’s not easy money. Or free money. And acceptance isn’t guaranteed. In this short video, I share 3 reasons solo and small firm owners might not be eligible to receive the funds: They include: You’re too much of a business risk You can’t show you need the money because of COVID-19 Your business activities aren’t covered If you’re not eligible, what CAN you do? Don’t worry — you still have options. (Government loans are just a Band-Aid® anyway, not a permanent solution.) Instead, look at ways to conserve cash. Or increase revenue. I have outlined those in my free download, The 5-Day Action Plan for Small Business Survival. You’ll pare down to essentials…

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Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.

With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.

And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.