Agency / Department: Divvy
Resource: Guidance on Emergency Business Loans & Grants
Details: “Due to the rapid onset and economic changes caused by the novel coronavirus, many small businesses are searching for emergency business loans. Thankfully, there’s no shortage of support out there. Federal and state governments as well as banks and private institutions have already increased their offerings for low interest loans.
However, if you’re worried that you won’t qualify for a business loan, you can leverage alternative options like grants, invoice factoring, and even your current line of credit.
Here are some of the best options for emergency capital right now, as well as some alternative resources that can be accessed in any circumstances.”