Business Loan

Target market

The target client for this service is a Business Loan with

Lower floor: 12 full-time W-2 employees (anything smaller likely isn’t worth the effort).

Upper ceiling: 500 full-time W-2 employees (anything bigger isn’t eligible for the ERC).

Best Prospect: 300 - 500 employees

NOTE: 95% of current clients have taken part in the Payroll Protection Program (PPP)

The industry verticals that we have had success with to date are:

• Restaurants
• Gyms / fitness centers
• Spas / salons / massage stores
• Daycare centers / education centers / behavioral centers
• Hotels
• Healthcare organizations: Inpatient/outpatient clinics / large specialty practices (orthopedist, urology, dermatologist), as well as ALFs, home healthcare, and more
• Professional services: providers (e.g., medical as most medical offices qualify under non-elected procedures)

 

Restricted Industries:

Construction, real estate, software - the stuff that boomed during the pandemic.