{"id":943,"date":"2020-11-27T04:40:49","date_gmt":"2020-11-27T04:40:49","guid":{"rendered":"https:\/\/idfsba.com\/stimulus\/?page_id=943"},"modified":"2021-01-29T21:33:46","modified_gmt":"2021-01-30T03:33:46","slug":"faqs","status":"publish","type":"page","link":"https:\/\/idfsba.com\/stimulus\/faqs\/","title":{"rendered":"FAQs"},"content":{"rendered":"<div id=\"cs-content\" class=\"cs-content\"><div class=\"x-section e943-1 mq7-0\"><div class=\"x-row x-container max width e943-2 mq7-1 mq7-2\"><div class=\"x-row-inner\"><div class=\"x-col e943-3 mq7-4\"><div class=\"x-text x-text-headline e943-4 mq7-5\"><div class=\"x-text-content\"><div class=\"x-text-content-text\"><h1 class=\"x-text-content-text-primary\"><h3>Frequently Asked Questions<\/h3><\/h1><\/div><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"x-section e943-5 mq7-0\"><div class=\"x-row x-container max width e943-6 mq7-1 mq7-3\"><div class=\"x-row-inner\"><div class=\"x-col e943-7 mq7-4\"><div class=\"x-acc e943-8 mq7-6\" role=\"tablist\" id=\"x-acc-e943-8\"><div class=\"e943-9 x-acc-item\"><button id=\"tab-e943-9\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-9\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-9\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">What is the New Biz Stimulus &amp; International Development Fund for Small Business Assistance?<\/span><\/span><\/button><div id=\"panel-e943-9\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-9\" data-x-toggleable=\"e943-9\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>The New Biz Stimulus Program provides easy to qualify for unsecured credit lines to US businesses. The New Biz Stimulus Program is offered by the IDF SBA FUND. Citizens of the United States, aged 18 or over, that are creating a startup venture and are affected by covid-19 or are indigenous\/minority\/women-owned businesses are eligible for funding.<\/p>\n<p>By prioritizing access to indigenous, black, brown, and women entrepreneurs, who are often unable to acquire necessary startup funding due to financial and credit criteria, the IDF SBA FUND also seeks to help close the nation's wealth gap by empowering entrepreneurship.<\/p>\n<p><em>IDF SBA FUND is the International Development Fund for Small Business Assistance. IDF SBA FUND is Federally Registered in the United States of America and in the State of Kansas (Entity #9776394). The IDF SBA FUND is a legal corporation and not a government agency.<\/em><\/p>\n<h5>2020-2021 New Biz Stimulus Program<\/h5>\n<p>IDF SBA FUND has allocated funding for a minimum of 10,000 U.S. businesses in 2020-21 to receive an unsecured line of credit of up to $50,000 each. Funding is limited and only the first 10,000 people approved through 2021 will be awarded financing of up to $50,000 each.<\/p>\n<p>The New Biz Stimulus Program and IDF SBA FUND issued lines of credit are not loans or grants and may only be used for Professional Graphic Design, Web Design, Web Hosting, Video Production, Digital Marketing, Color Business Cards, Color Brochures, Color Postcards, Computerized Point of Sale Systems, Social Media Design, Social Media Advertising, Course Creation and other authorized business products or services.<\/p><\/div><\/div><\/div><div class=\"e943-10 x-acc-item\"><button id=\"tab-e943-10\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-10\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-10\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Who Qualifies For the Small Biz Stimulus?<\/span><\/span><\/button><div id=\"panel-e943-10\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-10\" data-x-toggleable=\"e943-10\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>In order to qualify to receive benefits from The United States New Biz Stimulus <strong>you must be:<\/strong><\/p>\n\n<ul>\n \t<li>Citizen of the United States<\/li>\n \t<li>Aged 18 or over<\/li>\n \t<li>Have a Driver's License<\/li>\n \t<li>Have a Checking Account<\/li>\n \t<li>Creating a startup venture (less than 2 years old)\n<p><strong><em>And you must also be one of the following:<\/em><\/strong><\/p>\n<\/li>\n \t<li>Affected by covid-19<\/li>\n \t<li>Indigenous-owned business<\/li>\n \t<li>Minority-owned business<\/li>\n \t<li>Women-owned businesses<\/li>\n<\/ul>\n<p>By prioritizing access to indigenous, black, brown, and women entrepreneurs, who are often unable to acquire necessary startup funding due to financial and credit criteria, the IDF SBA FUND also seeks to help close the nation's wealth gap by empowering entrepreneurship.<\/p>\n<p>98% of applicants to the New Biz Stimulus fund will be approved<\/p><\/div><\/div><\/div><div class=\"e943-11 x-acc-item\"><button id=\"tab-e943-11\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-11\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-11\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">What is an IDF Line of Credit?<\/span><\/span><\/button><div id=\"panel-e943-11\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-11\" data-x-toggleable=\"e943-11\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>IDF SBA FUND lines of credit work just like any other major credit line.&nbsp; IDF SBA FUND will extend a line of credit to your business that can only be used towards business products and services.&nbsp; IDF SBA FUND requires a down payment of 10% of the total amount and will finance the rest of your purchase for goods and services. No interest is charged and you will be invoiced on a monthly basis for any balance due.&nbsp;&nbsp; There is a minimum payment requirement of 2% of the original finance amount for each invoice.<\/p><\/div><\/div><\/div><div class=\"e943-12 x-acc-item\"><button id=\"tab-e943-12\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-12\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-12\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">How long does it take for you to deposit money into my account?<\/span><\/span><\/button><div id=\"panel-e943-12\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-12\" data-x-toggleable=\"e943-12\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\">IDF SBA, Fund does not provide or deposit cash. This is not a loan or grant. IDF SBA FUND lines of credit work just like any other major credit line.\u00a0 IDF SBA FUND will extend a line of credit to your business that can only be used towards business products and services.\u00a0 IDF SBA FUND requires a down payment of 10% of the total amount and will finance the rest of your purchase for goods and services. No interest is charged and you will be invoiced on a monthly basis for any balance due.\u00a0\u00a0 There is a minimum payment requirement of 2% of the original finance amount for each invoice.<\/div><\/div><\/div><div class=\"e943-13 x-acc-item\"><button id=\"tab-e943-13\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-13\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-13\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">What kind of loan is this?<\/span><\/span><\/button><div id=\"panel-e943-13\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-13\" data-x-toggleable=\"e943-13\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\">This is not a loan or grant. IDF SBA FUND lines of credit work just like any other major credit line.\u00a0 IDF SBA FUND will extend a line of credit to your business that can only be used towards business products and services.\u00a0 IDF SBA FUND requires a down payment of 10% of the total amount and will finance the rest of your purchase for goods and services. No interest is charged and you will be invoiced on a monthly basis for any balance due.\u00a0\u00a0 There is a minimum payment requirement of 2% of the original finance amount for each invoice.<\/div><\/div><\/div><div class=\"e943-14 x-acc-item\"><button id=\"tab-e943-14\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-14\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-14\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Is this a grant, do I have to pay the funding back?<\/span><\/span><\/button><div id=\"panel-e943-14\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-14\" data-x-toggleable=\"e943-14\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\">This is not a loan or grant. You are responsible for paying the full amount due on all invoices. IDF SBA FUND lines of credit work just like any other major credit line.\u00a0 IDF SBA FUND will extend a line of credit to your business that can only be used towards business products and services.\u00a0 IDF SBA FUND requires a down payment of 10% of the total amount and will finance the rest of your purchase for goods and services. No interest is charged and you will be invoiced on a monthly basis for any balance due.\u00a0\u00a0 There is a minimum payment requirement of 2% of the original finance amount for each invoice.<\/div><\/div><\/div><div class=\"e943-15 x-acc-item\"><button id=\"tab-e943-15\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-15\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-15\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">What Products &amp; Services Can I Use My Credit Line For?<\/span><\/span><\/button><div id=\"panel-e943-15\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-15\" data-x-toggleable=\"e943-15\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>The New Biz Stimulus Fund offers many goods and services through its partnerships, many of which have free and financed offerings. These are goods and services EVERY new business needs and normally has to pay in-full, up-front out-of-pocket. Various products and services are available, including, but not limited to:<\/p>\n<p>Automated Business Phone Line<\/p>\n<p>Web Site Design &amp; Hosting<\/p>\n<p>E-Commerce Development<\/p>\n<p>Domain Name Registration<\/p>\n<p>Internet &amp; Search Engine Marketing<\/p>\n<p>Social &amp; Viral Marketing<\/p>\n<p>Logo Design<\/p>\n<p>Graphic Design<\/p>\n<p>Business Cards<\/p>\n<p>Postcards<\/p>\n<p>Brochures<\/p>\n<p>Letterhead<\/p>\n<p>Envelopes<\/p>\n<p>Computer Inventory\/POS (Point Of Sales) Systems<\/p>\n<p>Major News Publicity<\/p>\n<p>Bestselling Author Status<\/p>\n<p>Cash Advances<\/p>\n<p>Merchant Accounts<\/p>\n<p>and much more!<\/p><\/div><\/div><\/div><div class=\"e943-16 x-acc-item\"><button id=\"tab-e943-16\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-16\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-16\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Can I use the funding to buy property or pay payroll?<\/span><\/span><\/button><div id=\"panel-e943-16\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-16\" data-x-toggleable=\"e943-16\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>At this time, cash deposits are not provided with the standard line of credit.\u00a0 Real estate or other investments are not a part of the funding.\u00a0 Payroll is not a part of the funding.<\/p>\n<p>The New Biz Stimulus Fund offers many goods and services through its partnerships, many of which have free and financed offerings. These are goods and services EVERY new business needs and normally has to pay in-full, up-front out-of-pocket. Various products and services are available, including, but not limited to:<\/p>\n<p>Automated Business Phone Line<\/p>\n<p>Web Site Design &amp; Hosting<\/p>\n<p>E-Commerce Development<\/p>\n<p>Domain Name Registration<\/p>\n<p>Internet &amp; Search Engine Marketing<\/p>\n<p>Social &amp; Viral Marketing<\/p>\n<p>Logo Design<\/p>\n<p>Graphic Design<\/p>\n<p>Business Cards<\/p>\n<p>Postcards<\/p>\n<p>Brochures<\/p>\n<p>Letterhead<\/p>\n<p>Envelopes<\/p>\n<p>Computer Inventory\/POS (Point Of Sales) Systems<\/p>\n<p>Major News Publicity<\/p>\n<p>Bestselling Author Status<\/p>\n<p>Cash Advances<\/p>\n<p>Merchant Accounts<\/p>\n<p>and much more!<\/p><\/div><\/div><\/div><div class=\"e943-17 x-acc-item\"><button id=\"tab-e943-17\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-17\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-17\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Should I pay cash or finance my business?<\/span><\/span><\/button><div id=\"panel-e943-17\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-17\" data-x-toggleable=\"e943-17\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\">That depends on your current financial situation.\u00a0 Sometimes, for purposes of cash flow, it is necessary to finance when you have limited funds immediately available.\u00a0 The IDF SBA FUND Line of Credit is made available for those businesses that need to stretch their dollars.<\/div><\/div><\/div><div class=\"e943-18 x-acc-item\"><button id=\"tab-e943-18\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-18\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-18\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Why should I finance my business through the IDF?<\/span><\/span><\/button><div id=\"panel-e943-18\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-18\" data-x-toggleable=\"e943-18\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>There are many reasons entrepreneurs choose the IDF SBA FUND to assist in starting a business. These include:<\/p>\n\n<ul>\n \t<li>98% fast approval rate<\/li>\n \t<li>0% Interest charged<\/li>\n \t<li>No security deposits<\/li>\n \t<li>No personal guarantees<\/li>\n \t<li>Affordable monthly payments<\/li>\n \t<li>Get your business open, online &amp; ready for business in days.<\/li>\n \t<li>advertising and marketing<\/li>\n \t<li>Color printing<\/li>\n \t<li>Full support and real-world business resources<\/li>\n \t<li>FREE leadership and marketing training to help you grow your business<\/li>\n \t<li>and much, much more!<\/li>\n<\/ul><\/div><\/div><\/div><div class=\"e943-19 x-acc-item\"><button id=\"tab-e943-19\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-19\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-19\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Are there any fees or start-up expenses to get an IDF line of credit?<\/span><\/span><\/button><div id=\"panel-e943-19\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-19\" data-x-toggleable=\"e943-19\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\">We DO NOT charge any interest or other type of financing fee to approve you for a line of credit through IDF.\u00a0\u00a0 You also do not have to give a personal guarantee, as the credit line is UNSECURED for businesses.<\/div><\/div><\/div><div class=\"e943-20 x-acc-item\"><button id=\"tab-e943-20\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-20\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-20\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">What kind of interest does IDF charge for its line of credit?<\/span><\/span><\/button><div id=\"panel-e943-20\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-20\" data-x-toggleable=\"e943-20\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>IDF SBA FUND lines of credit do not have any finance or interest charges of any kind (0% interest).<\/p><\/div><\/div><\/div><div class=\"e943-21 x-acc-item\"><button id=\"tab-e943-21\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-21\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-21\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">I am a brand-new business, can I get help?<\/span><\/span><\/button><div id=\"panel-e943-21\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-21\" data-x-toggleable=\"e943-21\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>We only work with new businesses or existing ones under 2 years old. The IDF SBA FUND and U.S. New Biz Stimulus package is designed specifically to stimulate the US economy by helping small businesses get started.<\/p><\/div><\/div><\/div><div class=\"e943-22 x-acc-item\"><button id=\"tab-e943-22\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-22\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-22\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">I am a sole-proprietorship, dba or partnership - do I qualify?<\/span><\/span><\/button><div id=\"panel-e943-22\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-22\" data-x-toggleable=\"e943-22\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>There are no restrictions on the type of business structure you use for your business. Any type of legal business in the USA can qualify for an IDF SBA FUND line of credit.<\/p><\/div><\/div><\/div><div class=\"e943-23 x-acc-item\"><button id=\"tab-e943-23\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-23\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-23\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">I had a bankruptcy\/I have bad credit is that ok?<\/span><\/span><\/button><div id=\"panel-e943-23\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-23\" data-x-toggleable=\"e943-23\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>Credit is not necessary for our unsecured line of credit.&nbsp; Bad credit, bankruptcy, etc. will not hinder you from being approved for a credit line with us.<\/p><\/div><\/div><\/div><div class=\"e943-24 x-acc-item\"><button id=\"tab-e943-24\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-24\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-24\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Do I have to have good credit to qualify?<\/span><\/span><\/button><div id=\"panel-e943-24\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-24\" data-x-toggleable=\"e943-24\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>No. 98% of all applicants who apply will receive a line of credit through IDF regardless of their current credit status. Approval is based upon verification of the information provided on our Credit Application.&nbsp; We have 2 ways you may submit your Application:<\/p>\n<p>Online EMail Form - Apply Now Online<\/p>\n<p>PDF Form - Suitable for Printing, Mail or Fax to Us<\/p><\/div><\/div><\/div><div class=\"e943-25 x-acc-item\"><button id=\"tab-e943-25\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-25\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-25\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Will this help me build credit?<\/span><\/span><\/button><div id=\"panel-e943-25\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-25\" data-x-toggleable=\"e943-25\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\">Yes, It can. By making on-time payments with us, you will be helping to establish business credit. We report to business credit bureaus. Having an IDF SBA FUND line of credit is like having a large store line of credit for your business. We also provide trade references upon request.<\/div><\/div><\/div><div class=\"e943-26 x-acc-item\"><button id=\"tab-e943-26\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-26\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-26\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Do I need to give a personal guarantee?<\/span><\/span><\/button><div id=\"panel-e943-26\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-26\" data-x-toggleable=\"e943-26\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>NO personal guarantees will be required from qualifying entrepreneurs.<\/p><\/div><\/div><\/div><div class=\"e943-27 x-acc-item\"><button id=\"tab-e943-27\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-27\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-27\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Do I have to provide collateral?<\/span><\/span><\/button><div id=\"panel-e943-27\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-27\" data-x-toggleable=\"e943-27\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>Your contact information is used as collateral (business phone number, business domain name, business social profiles).&nbsp; Because we fund new startups, this will all be new information. If you have already acquired some contact information, you will need to transfer administrative access and ownership to IDF SBA FUND until your balance is paid in full.<\/p><\/div><\/div><\/div><div class=\"e943-28 x-acc-item\"><button id=\"tab-e943-28\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-28\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-28\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">After approval, what other requirements are there?<\/span><\/span><\/button><div id=\"panel-e943-28\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-28\" data-x-toggleable=\"e943-28\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>You will be required to make regular, monthly on-time payments toward any balance due, just as you would with any other lease or line of credit.<\/p>\n<p>New Biz Stimulus owns all materials and real or intellectual property until the balance due is paid in full.<\/p>\n<p>New Biz Stimulus logo, tagline, links, etc. may be discreetly added to your websites, products services, and materials.<\/p>\n<p>New Biz Stimulus may require you to use approved vendors for any or all services subsidized or leased through IDF SBA FUND.<\/p><\/div><\/div><\/div><div class=\"e943-29 x-acc-item\"><button id=\"tab-e943-29\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-29\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-29\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Which Government Agency is this through?<\/span><\/span><\/button><div id=\"panel-e943-29\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-29\" data-x-toggleable=\"e943-29\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\">IDF SBA FUND is the International Development Fund for Small Business Assistance. The <span>IDF SBA FUND is Federally Registered in the United States of America with the Internal Revenue Service and in the State of Kansas (Entity Number 9776394); a telecom related services provider registered as an Interconnected VOIP provider (CORES FCC Registration Number 0030297659 and Universal Service Administrative Company Number 834086); and a member of the Microsoft Partner Network (MPNID Number 6329261). The IDF SBA FUND is an independently registered corporation and not a government agency.<\/span><\/div><\/div><\/div><div class=\"e943-30 x-acc-item\"><button id=\"tab-e943-30\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-30\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-30\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">What are my payment options?<\/span><\/span><\/button><div id=\"panel-e943-30\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-30\" data-x-toggleable=\"e943-30\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\">For payments on an IDF SBA FUND financed line of credit, we accept cash, credit card, debit card with Visa or MasterCard Logo, check, money order, wire transfer, Bitcoin, or Cashapp.<\/div><\/div><\/div><div class=\"e943-31 x-acc-item\"><button id=\"tab-e943-31\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-31\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-31\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">How Fast Can I Get Approved?<\/span><\/span><\/button><div id=\"panel-e943-31\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-31\" data-x-toggleable=\"e943-31\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>Approval is fast and easy!&nbsp; We can usually get you approved and have your funding closing within a few weeks or less once we have received a completed application.<\/p><\/div><\/div><\/div><div class=\"e943-32 x-acc-item\"><button id=\"tab-e943-32\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-32\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-32\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Who will build my website?<\/span><\/span><\/button><div id=\"panel-e943-32\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-32\" data-x-toggleable=\"e943-32\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>IDF SBA FUND builds all customer websites in house.&nbsp; Whether you need a basic brochure site, e-commerce, or custom programs written, IDF SBA FUND employs experienced designers and expert programmers to get the job done cost effectively and fast.<\/p><\/div><\/div><\/div><div class=\"e943-33 x-acc-item\"><button id=\"tab-e943-33\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-33\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-33\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Can I make changes to my website?<\/span><\/span><\/button><div id=\"panel-e943-33\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-33\" data-x-toggleable=\"e943-33\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>Yes!&nbsp; IDF websites come with a maintenance package and many are fully automated allowing you the customer to access your website and make changes at will.&nbsp; You simply log into your back office and make any changes you see fit.&nbsp; It&rsquo;s as easy as editing an e-mail or word document. The best part is you can see your changes live immediately.&nbsp; No special training is required.<\/p><\/div><\/div><\/div><div class=\"e943-34 x-acc-item\"><button id=\"tab-e943-34\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-34\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-34\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Can IDF update my existing website?<\/span><\/span><\/button><div id=\"panel-e943-34\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-34\" data-x-toggleable=\"e943-34\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>Yes. IDF can do a complete makeover of your existing website.<\/p><\/div><\/div><\/div><div class=\"e943-35 x-acc-item\"><button id=\"tab-e943-35\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-35\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-35\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">How long will it take IDF to build my website?<\/span><\/span><\/button><div id=\"panel-e943-35\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-35\" data-x-toggleable=\"e943-35\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>Most standard websites can be completed within one week or less.&nbsp; Advanced sites will vary depending on how labor intensive the website is.<\/p><\/div><\/div><\/div><div class=\"e943-36 x-acc-item\"><button id=\"tab-e943-36\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-36\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-36\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Can Domain Name Registration (www.MySiteName.com) costs be included?<\/span><\/span><\/button><div id=\"panel-e943-36\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-36\" data-x-toggleable=\"e943-36\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>Yes, domain name registration costs CAN be paid for with your line of credit.<\/p><\/div><\/div><\/div><div class=\"e943-37 x-acc-item\"><button id=\"tab-e943-37\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-37\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-37\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">\u00a0Can we choose any company we want to host the site?<\/span><\/span><\/button><div id=\"panel-e943-37\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-37\" data-x-toggleable=\"e943-37\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>For quality control purposes, all IDF client websites will be hosted on IDF SBA FUND servers.<\/p><\/div><\/div><\/div><div class=\"e943-38 x-acc-item\"><button id=\"tab-e943-38\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-38\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-38\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Can I use my existing Domain Name?<\/span><\/span><\/button><div id=\"panel-e943-38\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-38\" data-x-toggleable=\"e943-38\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>Yes. You would need to have administrative access to the account transferred to IDF SBA FUND as collateral until your balance is paid in full.<\/p><\/div><\/div><\/div><div class=\"e943-39 x-acc-item\"><button id=\"tab-e943-39\" class=\"x-acc-header\" role=\"tab\" type=\"button\" aria-selected=\"false\" aria-expanded=\"false\" aria-controls=\"panel-e943-39\" data-x-toggle=\"collapse\" data-x-toggleable=\"e943-39\"><span class=\"x-acc-header-content\"><span class=\"x-acc-header-indicator\">&#x25b8;<\/span><span class=\"x-acc-header-text\">Can I Use My Existing Phone Number?<\/span><\/span><\/button><div id=\"panel-e943-39\" role=\"tabpanel\" aria-hidden=\"true\" aria-labelledby=\"tab-e943-39\" data-x-toggleable=\"e943-39\" data-x-toggle-collapse=\"1\" class=\"x-collapsed\"><div class=\"x-acc-content\"><p>Possibly. You would need to have administrative access to the account transferred to IDF SBA FUND as collateral until your balance is paid in full.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Frequently Asked Questions&#x25b8;What is the New Biz Stimulus &amp; International Development Fund for Small Business Assistance?The New Biz Stimulus Program provides easy to qualify for unsecured credit lines to US businesses. The New Biz Stimulus Program is offered by the IDF SBA FUND. Citizens of the United States, aged 18 or over, that are creating a startup venture and are &#8230; <a href=\"https:\/\/idfsba.com\/stimulus\/faqs\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-blank-1.php","meta":[],"_links":{"self":[{"href":"https:\/\/idfsba.com\/stimulus\/wp-json\/wp\/v2\/pages\/943"}],"collection":[{"href":"https:\/\/idfsba.com\/stimulus\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/idfsba.com\/stimulus\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/idfsba.com\/stimulus\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/idfsba.com\/stimulus\/wp-json\/wp\/v2\/comments?post=943"}],"version-history":[{"count":23,"href":"https:\/\/idfsba.com\/stimulus\/wp-json\/wp\/v2\/pages\/943\/revisions"}],"predecessor-version":[{"id":1188,"href":"https:\/\/idfsba.com\/stimulus\/wp-json\/wp\/v2\/pages\/943\/revisions\/1188"}],"wp:attachment":[{"href":"https:\/\/idfsba.com\/stimulus\/wp-json\/wp\/v2\/media?parent=943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}