Business Recovery Loans
Local Banks helping Local Businesses
Marion banks announce special Disaster Recovery Loans for impacted businesses.
- Low-interest business loans for working capital
- Simple, expedited local handling of applications
TERM: 180-Day Loan Program – Short-term loan designed to assist in the recovery process
INTEREST RATE: 3.00% APR* single-payment loan
- Business within participating lender’s service area(s).
- Approval based on each participating bank’s standard loan requirements, including credit scores, historical financial information, and cash flow.
- Eligible loan uses include working capital, inventory, equipment, and other
reasonable business expenses.
- Storm Recovery Loans are for new purposes only; proceeds cannot be used to pay off existing loans or debt.
*Annual Percentage Rate; limited time offer expires 11/1/2020
Your Marion community banks are here as they have been for generations, with resources available and a willingness to help.
Visit one of these participating banks for Storm Business Recovery Loan information:
If additional financial institutions are interested in joining as a lending partner, please contact Nick Glew.