Independence Business Consulting (IBC) was the firm Kallas used to manage and apply for the PPP and EIDL loans for our clients.

The feedback from our clients was very good.  According to our clients, IBC quickly responded to questions and got the work done in an efficient manner.

Now, IBC is providing application services for The Main Street Lending Program.  The Main Street Lending Program is a federal loan program designed to provide favorable loans to small and medium-sized businesses that were in sound financial condition before the COVID-19 pandemic.

Terms for these loans are as follows:   5 years, no payments year one, interest-only payments year 2, low-interest rate, no prepayment penalty, 15 percent balloon at end of year 3, 15 percent balloon at end of year 4,  pay-off balloon end of year 5.

The loans have no restrictions as far as what they can be used for.

If you need time to get back to profitability, this loan has very favorable terms.

For more info, contact Dennis Murphy at 248-949-2422.