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Loan option strategies

Posted By HM Staff , Thursday, March 19, 2020
Due to the overwhelming amount of businesses applying online for Economic Development Injury Loans the system is overwhelmed. 

  Tips to Apply Online

• Make sure "Economic Development Injury Loan" is selected
• If you need cash flow relief immediately, explore a loan deferment (SBA or a conventional loan)
• If you have an SBA loan and defer the payments, you will not be ineligible for these emergency funds if you meet all other requirements. 
Free Resources 
Small Business Development Centers: www.mainesbdc.org
Women's Business Center: www.ceimaine.org
  

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