Reach Out Today
Specializing in working with businesses who seek to recover stronger and faster.
America, along with the rest of the world, is in uncharted territory as an international pandemic meets a global economy. Businesses large and small are being immensely impacted by travel restrictions, quarantines, school closings, and mandated closures of businesses to stop the coronavirus.
There are 30.2 million small businesses in this country. This makes up 99.9% of all businesses in the United States employing 58.9 million people – 47.5% of the total workforce.
YOU ARE AT RISK
To help protect the small businesses of the United States during this time of crisis, the SBA has issued both an Economic Injury Disaster Loan (EIDL) and a Paycheck Protection Program (PPP) loan.
While these loans can be immeasurably valuable to you, the small business owner, the sea of information is all consuming:
- ROne mistake or miscalculation on your application can cause a tremendous loss that cannot be corrected.
- RBanks are already overloaded with applications and are playing unfair by mandating applicants to have a deposit account.
- RTo receive loan forgiveness within a PPP loan, there is an immense amount of recordkeeping and paperwork to be managed. Your bank will not help you with this.
- RAdvice is needed to select the correct program or combination of programs. Banks will only provide PPP information and applications because this is where they make their money.
In times of financial crisis, you need to focus on your business.
Allow HPP to focus on the paperwork to get you the needed capital.
Business Recovery Expert
President & CEO of HPP
Join Amanda Prochaska, President & CEO of HPP, as she breaks down current news and available guidance on the newly available SBA Disaster Business Loan.
How do I know if my small business is eligible?
The SBA Disaster Business Loan is designed for businesses who can provide documentation that their business has been adversely affected from the coronavirus pandemic. Through the presentation of tax returns and other financial documents, the business must show any current and projected future business loss.
The business owner must not have defaulted on a prior SBA loan through bankruptcy without a full satisfaction of the loan. A minimal credit score of 600 is recommended unless circumstances can be explained for the lower score. Other risks for approval include having outstanding judgements, liens, pending lawsuits, having been convicted of a criminal offense, being delinquent on taxes, and past due child support.
How long does the time with HPP take while preparing my Disaster Loan Documents?
HPP’s accuracy and speed are second to none. Once all needed business information and documentation have been submitted, HPP seeks to be able to guide you through the submission process within 3 business days.
What is the cost of HPP’s Business Recovery Program?
When utilizing the preferred non-bank lender partner of HPP, there is NO cost to the applicant.
Do you guarantee that I will gain a Disaster Business loan?
Unfortunately not. HPP does its best to screen businesses at the time of introduction to provide the best guidance on if any red flags appear that would prevent an approval.
Specializing in helping companies of all sizes achieve operational excellence, HPP’s methodology uncovers opportunities for revenue growth, expense reduction, and process efficiencies. We are business advisors and coaches who tell you the truth to bring you the right solutions, for the right needs, at the right times for your business.
HPP brings together practical and tactical business solutions to obtain quick and sustainable wins utilizing business platforms in your business.
HPP digs deep into cost-saving behaviors paired with revenue boosting opportunities for your company. Full engagement by all involved allows a practical and tactical approach to be taken when increasing profitability.
Supporting businesses, HPP promotes change from the bottom up through opportunity identification that allows for advanced problem solving and high accountability. Working with those closest to the problem allows all involved to gain ownership of the needed solutions.
HPP delivers value through robust business relationship strategies and leading our clients through our operational excellence programs. HPP is driven to make you achieve greater success and achieve stronger partnerships with your customers.
Taking a holistic, bottom-up approach to your business, HPP engages the people closest to the work to provide fresh eyes to your business. Engagement is energized to identify opportunities and install scaling opportunities with ease.
Let’s connect today.
Sign up for our upcoming Live Webinar
Learn how you can take advantage of the SBA Disaster Business Loan.