click here for the ‘how to fill out your sba eidl loan application’ masterclass!
FinaNcial Coaching
MasterClass
April 22nd, 2pm EST
The SBA has increased the maximum amount small businesses can borrow through its EIDL program from 6-months of economic injury with a maximum loan amount of $150,000 to up to 24-months, with a maximum of $500,000.
How to Fill Out Your SBA EIDL Loan Application Masterclass. Join The Capital Masters experts, Rich Russakoff and Bob Hernandez over Zoom on Thursday, April 22nd at 2pm EST.
What we do
Help Businesses & Entrepreneurs Generate the Financing They Need for Growth Through Our Webinars, Courses & Products
The Capital Masters’ Loan Packages
Bootstrap
Create your own “knock-their-socks-off” loan package…
Boosted
Boosted also know as the Entrepreneur’s Intensive Program…
Bespoke
Completely Done For You, our Capital Masters team creates your entire loan package…
Services & Products
Business Strategy
Level up your business strategy…
Courses, Ebooks & Free Downloads
Help yourself to an extensive toolbox…
Webinars
Every month, we give away valuable knowledge about business financing…
You are Unique
And so are we. TCM takes a “big picture” approach to getting the funds you need. You are supported through the financing process by a full team of financing, marketing, organizational and analytical specialists. Every base is covered, and nothing falls through the cracks.
What People are saying
"In March of 2020, the Coronavirus pandemic was just taking hold...
and members of the Entrepreneurs’ Organization were nervous about trying to figure out where to go for bank financing to get through the tough period ahead. We reached out to Rich Russakoff and asked him to host an event to help members figure out what they needed to do to prepare as well as to get the latest information on EIDL loans and other loans available from the SBA. For this webinar, we ended up having over 200 members from across the country join and stay on for over 90 minutes. Rich then graciously offered free 30 minute consultations with EO members to provide them even more personalized attention. The Capital Masters knows SBA lending inside and out and their information was absolutely valuable and timely.”
Matt Zemon
Founder & CEO, Bernard
“Rich is a master at helping businesses land the perfect bank loan"
“Rich is a master at helping businesses land the perfect bank loan – a loan structured so it supports the business model, marshaled through the process by the right banker for your business. All too often, business owners approach the loan process in a sloppy and shoot-from-the-hip manner. Instead, it’s a process that demands precision. Handled correctly, it can mean the difference between sleepless nights and peace of mind. Without question, Rich Russakoff is the best at putting together a loan package that makes banks compete for your business.”
Verne Harnish
Speaking Coach & Author, Rockefeller Habits
"The webinars were awesome to attend"
“The webinars were awesome to attend, really enjoyed hearing Rich and Bob speak on the issues we see small businesses struggling with all too often.”
Peter Snelgrove
Partnerships, Hello Alice
"The bottom line: They delivered results."
“No matter the economic times, securing access to capital is priority No. 1. When I needed to secure a banking relationship for a new global service delivery model, I turned to Rich Russakoff. Rich and his team were fantastic to work with throughout the process. The bottom line: They delivered results.”
David J. Galbenski, Esq.
Founder & Chairman, Lumen Legal
"The package prepared on my firm’s behalf was so impressive"
“Shivers are running through the financial markets, and pouring down to small businesses and consumers. How is it that given the immediate and profound ripple emanating from the first of several catastrophic events on Wall Street, I’m able to get five offers for bank financing? Very simple – Rich Russakoff. The package prepared on my firm’s behalf was so impressive by virtue of its copiousness that banks felt embarrassed to consider saying ‘no.’”
Harvey Sackett, Esq.
Founder & Owner, Sackett & Associates
"Wow guys and gals, the webinar was phenomenal!"
“Wow guys and gals, the webinar was phenomenal! Thank you so much for hosting and putting on such a GREAT presentation!.”
Crystal Kingsbury
VP of Business, Sutton Land of Texas
Frequently Asked Questions
Do you work with startups?
Yes. We work with startups and banks are interested in loaning to startups too. But we have to present credible business plan projections, show that you can repay the debt and that you are a strong enough guarantor. It is also necessary to have experience in the industry and to know the demographics.
What kind of services do you provide?
We provide a full range of services to support business owners throughout the financing process, from basic pre-loan assessments to complete, bespoke application packages.
What does the complete bespoke service involve?
We undertake a full assessment where we review your business, your financials, the industry trends and opportunities and we’ll first and foremost tell you whether we believe you have a bankable loan. If you do, we take you through the whole process of writing a complete, compelling, thorough narrative. We make sure that we’ve dotted all the i’s and crossed all the t’s on the financial side. We find you the right banks to talk to and we present the project until we secure the best loan and terms for your business.
What kind of loans do you do?
We provide assistance with commercial lending products. While that may include commercial mortgage products, we do not work with residential mortgages or personal loans.
How long does the bespoke service take?
2-3 weeks to gather all documents and determine if you have a bankable loan. If you do, once we’ve filled out the bank’s application form and given them everything they need, federal regulation B dictates they have 30 days to decide on it. Generally, expect 10-21 days to be in underwriting. Once it comes out of underwriting, if you get an approval, then it’s going to be another week to go over the documents with your attorney, your CPA or your advisors. If that’s good, then for a non real estate deal 30-45 days to close, for a real estate deal, 60-90 days to close.We do commercial lending, which may include commercial mortgage products, but nothing to do with residential for example.
What's the difference between your services and a broker?
We are full consultants, we work on your behalf, to put you in a better light and to get your package through at a bank. We also look at your strategic processes, your business plan and your projections to deliver a stellar and professional loan package. The bankers like it, they know us, and there’s a reputation to go along with the work.
About The Capital Masters
The Capital Masters was founded to help entrepreneurs secure the growth capital they need to realize their full potential. Featuring an expert team of financing, marketing, organizational and analytical specialists, we provide a full range of services to support business owners throughout the financing process, from basic pre-loan assessments to complete, bespoke application packages.