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Скачать или смотреть 🚨 Major CEBA Loan Update! Will This Extension Be Your Business's Lifeline?

  • RealEstateTaxTips
  • 2023-09-21
  • 2052
🚨 Major CEBA Loan Update! Will This Extension Be Your Business's Lifeline?
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Описание к видео 🚨 Major CEBA Loan Update! Will This Extension Be Your Business's Lifeline?

The clock on the CEBA loan has been reset! 🕰️ The repayment deadline now looms on January 18, 2024. Dive in as we unpack the three crucial repayment paths:
-Seize the opportunity for loan forgiveness by repaying right on the deadline.
-Venture into the intricate strategy of borrowing from a bank to clear the government debt and snatch the coveted forgiveness – though beware the credit checks and unpredictable market rates.
-Or, take the straight road with a 5% interest government term loan – but without the sweet lure of forgiveness.

Key Moments In This Episode
========================
00:00 - Overview of Canada's emergency business loan.
01:35 - Extended repayment deadline to January 18, 2024.
03:00 - Three repayment options explained.
04:24 - Methods to extend repayment.
05:44 - How bank ties affect loan options & rates.
07:13 - Savings & costs of a 7.2% interest rate loan.
08:40 - Insight into $60,000 borrowing option.
10:03 - Benefits of bank financing with loan forgiveness.


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Please make sure to speak to a professional that knows your personal situation before making a decision.

If you need to talk to someone on my team, email us at [email protected].

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DISCLAIMER:

Real estate Tax planning is a personalized decision and will depend on your situation, priorities, and risk tolerance. Consult with your legal and tax advisors to ensure you get the best personalized advice.
The information contained in this video is for general information purposes only.
The information is provided by ECRB Consulting Inc., RealEstateTaxTips.ca, Cherry Chan Professional Corporation and Cherry Chan.
While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the article or the information, products, services, or related graphics contained on the presentation for any purpose. Any reliance on such information is, therefore, strictly at your own risk.
In no event will we be liable for any loss or damage, including, without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of or connected with the use of this information.

#CEBALoanUpdate #LoanExtension #DebtForgiveness #RepaymentOptions #InterestRates

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