Recovery efforts by small businesses after a disaster like the recent breakout of storms and tornadoes across the central states are enhanced by loans available from the Small Business Administration. The SBA is ready and on the scene with a broad disaster loan program to help local communities, businesses homeowners and renters recover quickly.
The SBA disaster loan program is unique and not limited to only small businesses. It is the only loan program directly administered by the SBA, and it is a main source for businesses to obtain federal funds at a time when recovery money is most needed. Personnel from the Small Business Administration go to the disaster locations to assess damages and to assist business owners and others who want to apply for federal disaster recovery loan funds. This financial assistance is also available to homeowners, renters and non-profit organizations.
Any time there is a presidential declaration that an area is a disaster zone, the SBA’s loan program is activated instantly. Those wishing to apply for low-interest disaster loans to make repairs, replacements, and to fix damaged or destroyed equipment and other business assets or personal property need to make applications immediately. This program benefits anyone who has not already received compensation from other resources like insurance.
Application for SBA disaster recovery loans can be made online here at UnsecuredBizLoan.com. Working with an online company like UnsecuredBizLoan is a fast way to apply; applications for SBA loans are a top priority, especially following a disaster. Disaster loans from the SBA are flexible and carry very low, fixed interest rates with repayment terms up to 30 years duration. Homeowners may borrow up to $200,000, and renters may borrow up to $40,000 for repairs and replacements of personal property or real estate damaged in a disaster.
UnsecuredBizLoan is a convenient online lending organization that is available to answer all SBA disaster relief loan questions you may have, 24/7. If your business or home is in a declared disaster zone, you may be eligible to apply online for an SBA disaster recovery loan.