mcastro Neighborhood Trust offers any NYC business free access to their phone-based financial coaching program, TrustPlus, for three months. TrustPlus financial coaches can help with everything from stretching resources and budgeting to debt management. They can also help displaced employees access and navigate newly available public resources. To learn more about how you can give your … Read more
The Bronx Overall Economic Development Corporation (BOEDC) and the Office of the Bronx Borough President has established the Bronx Business Continuity Loan (BBCL) to help sustain businesses through the Covid19 pandemic. The use of these funds will provide local emergency business financing and bridge loan funding until government contingency financing is in place. Eligible Companies:For-profit … Read more
My Bronx Impact is a key strategy of Bronx Impact, a poverty reduction initiative coordinated by Children’s Aid in collaboration with Bronx Borough President Rubén Díaz Jr. It includes an online directory to help individuals to find free or cost-based local resources like medical care, food, job training, education, and more. For COVID 19 resources, … Read more
Our partner Volunteers for Legal Service (VOLS) has put together a short video addressing a few frequently asked questions by New York City Small Businesses during the COVID-19 pandemic, including:– rent issues and payments– lease and month-to-month issues– terminating a lease– commercial tenant obligations WHEDco & VOLS are providing free 1-on-1 advice remotely via phone … Read more
Spring Bank will be able to offer Small Business Administration (SBA) 7(a) loans through the recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act. As an SBA Preferred Lender with delegated authority to make 7(a) loans, the bank will be able to offer loans offered through the Paycheck Protection Program provision of the CARES … Read more