Bench pairs you with an expert bookkeeper to keep your books up to date so you can meet the conditions of your EIDL loan agreement. If you need catch-up bookkeeping, we can do that too (and even get you organized and filed come tax season).
With up to date bookkeeping and organized financials, you can meet the SBA's requirements for business owners holding an Economic Injury and Disaster Loan (EIDL). Here's what Bench can provide:
Current and Proper Records
The SBA requires that records are maintained for the most recent five years until three years after your loan maturity or after the loan has been paid in full, whichever comes first
The SBA requires that business owners provide financial statements to the SBA within three months of the end of their fiscal year
What you get with Bench
We'll connect you with one of our expert bookkeepers. They'll get to know your business, and deliver monthly books and year end financials.
If you have questions about your financials, your team is always a quick message or phone call away. Your bookkeeper and team work in-house, and respond within one business day.
See what your money is up to. Your income statement, balance sheet, and visual reports provide the data you need to grow your business.
The Bench Pulse dashboard lets you track every transaction, account, and trend in real-time, in one place—no app-hopping required.
A year end package with everything you need to file yourself comes standard with Bench. Have a CPA? We’ll work directly with them.
Ready to pass the year end tax prep and filing off to someone else? BenchTax connects you to a licensed expert ready to get you prepped and filed before the deadline hits.
Thousands of small business owners trust Bench with their books
All plans include a dedicated bookkeeping team and intuitive software to monitor your financials.
Tell us your average monthly expenses and we'll suggest the plan that's right for your business.
from $1k to $7.5k
from $7.5k to $25k
from $25k to $50k
up to $1M
Start a free trial to see how Bench can help your business. We’ll do a month of your bookkeeping immediately, and deliver a set of financial statements for you to keep.