Free CARES Act Application Support

man-pointingThe Coronavirus, Aid, Relief and Economic Security (CARES) Act provides self-employed with opportunities to receive grants, loans, and support from the government. But you might have questions like how to get access to these resources? What type of applications do you need to complete? And what is the best way to apply? We can help! Schedule a call with one of our experts and we can help you with the following:

  • CARES Act analysis and qualification: what is the maximum loan amount available? Are you eligible? What programs can you apply for?
  • Tax savings analysis: what is the best tax structure right now? Sole prop vs LLC vs S-Corp.
  • Debt forgiveness amount: how much you qualify for and how much you will need to pay back.

If you are eligible, Formations can also help with the loan application, including making sure your financials are prepared according to the eligibility requirements.  

Schedule a free consultation with one of our experts to learn how you can take advantage of these historic measures today. 


FAQs

Do I need to be a Formations customer to use this package?
No. We offer this package to qualified self-employed. If you are full time self-employed, making over $60K in annual income, the consultation is offered for free, and you will be eligible for our reduced-price application package.
What if I don't have my 2019 in order?
We can help you get your financials in order to be eligible for the SBA loan as well as the forgiveness application. You can inquire more about these options on the call with our expert. 
What are the basic eligibility requirements?
The CARES Act has various options for self-employed, from grant, through a loan to other financial vehicles. Once we collect more information about your business and financials, we will be able to determine what options are best for you.