Take your business to the next level: Consider the Next Step Program in University Circle, starting in June. There are scholarships for organizations impacted by COVID-19. Apply by May 21st. Next Step is great for family businesses in transition.
If cash is tight, here is what you can do:
In light of depleted funds for PPP and EIDL loans, some small businesses can apply for anSBA Express Bridge Loan.These loans are designed for businesses that have a relationship with an SBA Express Lender. Bridge Loans are up to $25,000, with a fast turnaround, and may be paid in full or part by an EIDL loan, should you receive one. Bridge Loan information can be foundhere. Apply through anSBA Express Lenderor check with your bank.
There are still options for PPP financing. Call us (216-333-1303) if you want assistance. Many of our sole proprietors and self-employed individual clients have received financing. If you fall into this category, you too should qualify.
What our nonprofit clients are doing:
Check out the new websiteWeCareforCle.org,dedicated to helping the Greater Cleveland nonprofit community assess, respond, and recover from the COVID-19 pandemic. There is a section where you can share your story and suggest ways others can help your organization right now.
Getting ready to open the office next week. Hopefully, the office will be open three days a week, starting May 11th. We will not be seeing clients in person yet. Only 1/3 of our staff will be in the office each day we are open.