Bankable has partnered with the City of South Bend to provide relief microloans to small businesses within the city’s limits that are still in need of some financial support until they can find their footing once more. The funds supporting this partnership are only available for a limited amount of time so act quickly if you have interest.
These loans can be used for a number of reason including payroll, inventory, rent, equipment, working capital, and more. Rates will be fixed at 8%, all closing fees are waived, terms can be up to 6 years, and there are no prepayment penalties!
If you are a business located in South Bend, IN, and are interested in applying for a loan, please reach out to Bailey Long at bailey@bankable.org as soon as possible to learn more!
For more information about the partnership check out these links.