Loan Options for Small Business Owners

SBA Express Bridge Loans
This express loan is for up to $25k and is only open for borrowers with an existing SBA lender relationship to quickly access funds. If you have a local SBA lender relationship, this may be an option for you. Check with your local lender.

SBA Debt Relief
This program is for borrowers with current SBA loans. 
  • The SBA will automatically pay the principal, interest, and fees of current 7(a), 504, and microloans for a period of six months.
  • The SBA will also automatically pay the principal, interest, and fees of new 7(a), 504, and microloans issued prior to September 27, 2020.

Get counseling help to apply for the right loans for you. Click here to request confidential, free, 1x1 virtual business counseling.

Other Financial Support Options:

Non-profit Lenders / CDFIs:
The Community Development Financial Institutions Program (CDFI Program) actively work to serve low-income and under-served people and communities.Contact these local lenders to learn more about their programs.

Financial Templates and Guidelines:

Accounts Payable and Business Debts:
Contact your lenders and other creditors.
If you’re not able to pay your bills on time, contact your lender directly to ask for a 90 day pause, you can also check their websites.

Contact your landlord if you lease a physical location.
Your landlord may be willing to negotiate or allow you to delay rent payment. If you have applied for a PPP loan, you should share that with your landlord as well.
Updated 12/18/2020 9:55:38 AM