Financial assistance for small businesses impacted by COVID-19
Robins Financial Credit Union is here to ensure that you have what you need to ensure your business’ financial needs are met as we all continue to navigate and respond to COVID-19. We are here to help you through this trying time. We continue to monitor news from the SBA and will process additional loans, on a first-come, first-served basis for our members when/if additional funding is approved.
Here’s how we are helping our business members:
- Payment extensions
- Loan modifications
- Credit card line increase
- Additional loans and lines of credit
To receive additional information and help you decide which option is best for you and your business, please contact Commercial Lending at 478-923-3773, x. 2240 or by email at email@example.com.
SBA COVID-19 Economic Injury Disaster Loan & Paycheck Protection Program
Under the CARES Act signed by President Trump, additional assistance is provided through the Small Business Administration (SBA) Section 7(a) guaranteed lending program. SBA will provide additional guidance and implementation dates following the enactment of the act.
Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses who maintain their payroll during this emergency.
For additional information on these programs, visit www.sba.gov and access Coronavirus (COVID-19): Small Business Guidance & Loan Resources. Our Commercial Lending staff will stay up to date on these loans as more information is released.