10 Sources of Emergency Funding for your Business – Grants and Loans for your Small Business!

While Democrats and Republicans continue playing their game of blaming the other party for neglecting the American people, I thought I’d share this article that includes 10 Sources of Emergency funding for your small business… some of these are exclusive to Women, while others are for people of color, and etc.

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Ten sources of emergency funding your business can get right now
Even if you didn’t get a PPP loan, there are resources that can help grow and support your business.

Throughout the coronavirus pandemic, small businesses have been fighting to survive as they endure the economic toll of shutdowns. Small businesses make up more than 99% of American businesses, employing more than half of the US workforce. But with stay-at-home orders in place, many small businesses are not receiving the support they needed to keep their doors open. As a result, 22% of businesses closed permanently, with Black-owned businesses closing at 2.5 times the rate of white-owned businesses, according to Forbes.

Small businesses need more than community support to survive the pandemic. Below is a list of emergency-funding resources, sourced from Business Insider and our own research. From public to private sources, these resources are readily available.

Small Business Administration
Economic Injury Disaster Loan
Express Bridge Loans

JPMorgan Chase
Entrepreneurs of Color Fund, Ascend, and Community Development Financial Institution partners

Small Business Grant Program

Restaurant Workers’ Community Foundation
RWCF COVID-19 Emergency Relief Fund

Small business loans

Hello Alice
COVID-19 Business for All Emergency Grants

Local Initiatives Support Corporation
Rapid Relief and Resilience Fund

Small Business Relief Fund

The Spanx by Sara Blakely Foundation
The Red Backpack Fund

Brooklyn Chamber of Commerce
Bring Back Brooklyn Fund

San Francisco City Hall
African American Small Business Revolving Loan Fund

Source: https://media.thinknum.com/articles/emergency-funding-resources-small-business-ppp-loan/

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Any use of other media is fair-use only. I am not a CPA or attorney and the information in these videos shall not be construed as tax, financial, or legal advice. Do your own research. Do not make final decisions based on these videos. If you need ANY professional advice, please contact a qualified CPA, attorney, financial advisor, or the appropriate professional in that particular industry. Much appreciation for watching!

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