Community Ventures is launching the Venture Bridge Program, an emergency loan program for applicants of the SBA’s Economic Injury Disaster Loan Program.
Here’s how it works:
- Borrowers must be applicants to the SBA Economic Injury Disaster Loan (EIDL) programs (Must provide application number or confirmation number of those applications) to be eligible for Venture Bridge Loan funds.
- As long as you have submitted an application for EIDL, you will be eligible for the Venture Bridge Loan.
- Venture Bridge Loans are available for up to $1,500.
- One year term.
- Funds can be used as a stopgap measure for business owners awaiting word on their application with EIDL.
To learn more or to apply today, contact Lew Whalen at firstname.lastname@example.org or email us at email@example.com.