Are you a small business owner that has been adversely affected by COVID 19 outbreak? Are you interested in receiving economic assistance to support your business(es) during these unparalleled times? With all the conflicting reports in our 24-hour news cycle, are you confused about what relief you qualify for and how to obtain it? PRC is here to help.

Since the historic CARES Act signing, small business owners nationwide have been clamoring to take advantage of the relief available to stabilize their business and their employees’ households at a time when traditional revenue is not available to cover standard business costs. What they have received thus far have been constant policy changes, crashed sites, and blown expectations.

Pioneer Realty Capital is Here to Help! Call 877-350-9416 to speak with an expert and get the financial help you need to cover short-term operating expenses and retain employees.

  1. Loans up to $2 million
  2. $10,000 advance available for COVID-19 related filings
  3. Interest rates are 3.75% for businesses and 3.0% for non-profits
  4. Up to 30-year terms
  5. Eligibility is based on the sized, type of business and financial resources
  6. Not based on payroll
  7. Download the Application
  8. Fill it Out
  9. Email it to stimulusrelief@pioneerrealtycapital.com today to Get Approved

In a sea of worry, uncertainty, and financial strain, Pioneer Realty Capital wants you to remember one thing… We are Here! Call 877-350-9416 to speak to an expert. Get the emergency funding needed to keep your employees and get your bills paid in as little as a few days. PRC is here to help you get you through this.

UPDATE 5.5.2020: EIDL restarted at 10:30 EST 4/27/2020 – Apply now with help from Pioneer Realty Capital. This additional $322B will help countless small businesses & will save millions of jobs. Pioneer Realty Capital has over 18 years of experience submitting professional grade SBA loan packages that get approved fast. Don’t call the SBA 1800 line and wait for answers like everyone else. Contact PRC at 877-350-9416, and get the answers you need now.
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What Is The Right Relief Option For My Small Business Pioneer Realty Capital

What is the right Relief option for my small Business?

In our recent COVID-19 Emergency Financial Relief and Paycheck Protection Program Approved articles we outlined the programs that PRC has enacted to assist small business. Did you know that as of Friday, April 3rd, the day the Paycheck Protection Program was scheduled to launched, approximately $20B in applications had already been filed? Reports as recent as April 7th, showed that of the 30 million small businesses in the US, fewer than 200,000 loans have been processed.  If the filing rate continues, the $349B allotted for the program will be accounted for by April 20 (17 days). There has been some discussion in Congress allotting more $$$ to small business for this program.  But to date nothing has been officially submitted or voted into law.

Many SBA lenders previously open to accepting PPP applications from all comers have limited service options to current customers. Furthermore, some have decided to only lend if your monthly payroll averages meet a certain threshold.

It’s clear that many small business owners will not have an opportunity to take advantage of the PPP program. So how do you ensure you don’t waste time attempting to file a PPP application only to learn you don’t meet the additional conditions set forth by the bank? Call PRC!  We are an SBA correspondent lender that can get you the EIDL and or PPP financial relief you need. More importantly, we understand the constantly changing requirements and caveats, and keep you informed at every step. We are the lender that can ensure your application gets submitted quickly and proficiently in order to get your funds distributed in a timely manner.

“We have been working with Pioneer Realty Capital since 2007. We have been through multiple challenges, and they have always delivered what they promised.” — Mendi Salijeski, SS Partners Management

Download the EIDL Application, and email your application to stimulusrelief@pioneerrealtycapital.com to start the process of protecting your small business in a fraction of the time. We can also help you get approved for the PPP Paycheck Protection Program while we’re at it.

The Economic Injury Disaster Relief Program Pioneer Realty Capital

The Economic Injury Disaster Relief Program

Unlike the Paycheck Protection Program, the Economic Injury Disaster (EIDL) Relief Program was not created specifically for COVID-19. The SBA has provided low-interest disaster loans to help business and homeowner recover from declared disasters for years. The current pandemic qualifies as a declared disaster.

This is an important distinction because, unlike the Paycheck Protection Program, the amount of funds available are not limited to the CARES Act signing. Rather, the funds come directly from the U.S. Treasury.

Program Details

  • Loans up to $2 million
  • $10,000 advance available for COVID-19 related filings
  • Interest rates or 3.75% for businesses and 3.0% for non-profits
  • Up to 30-year terms
  • Eligibility is based on the sized, type of business and financial resources
  • Not based on payroll

Review our COVID-19 Emergency Financial Relief article for more details about EIDLs.

6. Whether Borrowing, Investing or Owning, Get Experience in Your Corner

When considering late-cycle CRE investment, it’s important to have knowledgeable advisors on your side. Experienced professionals such as those at Pioneer Realty Capital offer advisory, crowdfunding, and a network of over 790 capital partners to create creative, cost effective solutions. To find answers to your CRE investment questions, reach out today.

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