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$54,000 COVID-19 Relief for Small Businesses
On January 19, 2020, through its procedural notice, the SBA announced there would be no loan fees and no payments for the first six months on all new SBA 7(a) loans.
The Federal Government will make the first six months of principal and interest payments on any new SBA 7(a) loan funded between now and September 30, 2021, up to $9,000 per payment.
The SBA will waive all the loan origination fees on new loans.
This opportunity is part of the U.S. Government CARES Act Stimulus to support small businesses. The payments do not need repayment by the borrower and are automatic.
This is a great opportunity for those businesses in need of:
- Tenant Improvements,
- new construction,
- Up to 100% financing on purchase of commercial real estate
- Business acquisition
- Debt consolidation and refinance
We’ve helped hundreds of small businesses during the pandemic. How can we help you grow and thrive?
Are you struggling to find Financial Guidance during the COVID-19 hardship?
We’ve been helping clients with disaster relief, survival budgeting, and cash management plans since March!
secure plus financial
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