Applications are available now for three year short term loans up to $100,000.00
| In response to the COVID-19 pandemic, a new community-backed $5 million small business relief loan fund was launched today by AltCap.
The KC COVID-19 Small Business Relief Loan Fund is intended to provide immediate relief to local small businesses experiencing extreme economic disruption and financial strain as a result of the necessary public health measures to “flatten the curve” and combat the virus.
Small businesses interested in applying for the KC COVID-19 Small Business Relief Loan Fund must: Be located inthe Kansas City Region, which for this initiative includes Jackson, Clay, Platte, and Cass counties in Missouri and Wyandotte, Johnson, and Leavenworth counties in Kansas;
Applications are available now for 3-year, short-term loans up to $100,000 with no interest and deferred payments for the first 6-12 months. No minimum credit score is required, and collateral requirements are flexible. Additional information about eligibility and application materials can be found at www.alt-cap.org/covid-relief-fund or by calling (816) 216-1851. The application is available in English and Spanish.
“Kansas City’s small businesses need a financial lifeline now,” said Ruben Alonso, President of AltCap. “The KC COVID-19 Small Business Relief Loan Fund will allow us to provide critical capital to help small businesse survive this pandemic. We appreciate those who have stepped forward to help our community and are asking others to do the same.”
Para solicitar un préstamo en español, comuníquese con David Zaccaro al (816) 216-1851 o firstname.lastname@example.org.