Apply for your first or second PPP Loan!
Great News! The next round of Paycheck Protection Program (PPP) funding is here. The PPP program allows eligible borrowers to obtain loans at favorable terms, with the possibility of forgiveness. A PPP loan can help your business rebuild and stay afloat during these difficult times.*
If you're applying for the first time or considering a second PPP loan, Liberty Capital Funding can help. Our partner SmartBiz Loans is the #1 online platform helping banks in its network fund nearly $4 billion in SBA, PPP and bank term loans.
PPP loans offer:
- Loans up to $2,000,000
- 1.00% interest rate
- 5-year repayment term
- No lender or government fees
- No collateral or personal guarantees required
- Possible forgiveness available
PPP loans can cover:
- Employee payroll
- Worker protection equipment including PPE
- Group health insurance expenses
- Rent/mortgage payments
- Software/cloud computing updates
- Essential supplier costs
Don't wait! It's important to apply as soon as you can.
The approved PPP funds are set to end on March 31, 2021.
During the first round in 2019, funds ran out before the end date.