Coastal Kapital wants to make sure you have the information needed for Covid-19 pandemic disaster relief loans. We are happy to see if you qualify in your area, this will be direct through SBA no third parties. This is a long and grueling process, but we have loans we can help with in the interim, we have lines of credit, factoring, short term working capital to bridge the gap, collateral loans, etc. Call us for more information.
To our valued clients and partners,
As the world faces the COVID-19 pandemic, our thoughts surround the physical health of friends, families, coworkers and clients.
Yet our thoughts are also on the financial health of the small- to medium-sized businesses that are the backbone of this country.
We want to share information about new SBA loans that you may have heard about:
- Loans up to $2,000,000
- 75% fixed interest rate on loans to for-profit companies
- 75% fixed interest rate on loans to non-profits
- Up to 30-year term and amortization (determined on case-by-case basis)
- Financing to be used for working capital and more
This National Disaster Relief Program is active — however not all states have implemented, and your state may not show as approved. At this time, 21 states have adopted these relief loans, and more are added often — so please continue to check this list again often. https://disasterloan.sba.gov/ela/Declarations/Index [disasterloan.sba.gov]
These are the only SBA coronavirus disaster relief loans currently available. However, we remain hopeful that additional legislature will be enacted expanding the ability of lenders such as Crestmark to provide further supplemental loan relief in the near future.
We will keep you apprised as we know more.
Apply today. And stay healthy.
Thank you Kortney Murray CEO Coastal Kapital LLC