Applied 5/4 to both PayPal and lendio as an independent contractor (truck driver o/o). I started this "business" in 08/2019.
I already have docusign from PayPal. They based the amount off my schedule c net profit (2019) instead of the calculated first two months for new businesses.
I will generate 200k plus a year. It's my interpretation I should be eligible for the 100k max based on 1 employee (20883 loan amount).
Should I hold out for an offer from lendio or just take what I can get?
I already have docusign from PayPal. They based the amount off my schedule c net profit (2019) instead of the calculated first two months for new businesses.
I will generate 200k plus a year. It's my interpretation I should be eligible for the 100k max based on 1 employee (20883 loan amount).
Should I hold out for an offer from lendio or just take what I can get?