business funding – Biznis Resource

The Small Business Impact Grant (SBIG) is a COVID-19 relief program for small businesses in Salt Lake County. A total of $40 million will be dispersed!

ELIGIBILITY PRE-SCREENING: APPLY HERE!

This one-time Grant of up to $35,000 per applicant will be awarded to eligible businesses applying for funding. Applications will be accepted until all of the funds are exhausted.

ELIGIBILITY REQUIREMENTS – Businesses must:

Be based in Salt Lake County

Employ fewer than 100 employees

Not have already received federal, state or local COVID-19 financial aid

Provide documents verifying your financial loss

Have operated prior to Jan. 1, 2020

Be primary industries impacted directly by public health order closures (see below)

Qualifying Businesses May Include:

Businesses that can apply for the Small Business Impact Grant

HOW TO APPLY:

ELIGIBILITY PRE-SCREENING: APPLY HERE!

REQUIRED DOCUMENTS INCLUDE:

Small Business Impact Grants - Required Documentation part 1

Small Business Impact Grants - Required Documentation part 2

Biznis Resource has your back!

NEED OTHER BUSINESS CAPITAL / FINANCE OPTIONS? CLICK HERE!

The Consultation is FREE, so there’s absolutely no risk!

Re-source today with Biznis Resource… the better, easier way!

Are your business accounts tight? You’re not alone! The pandemic, economic crisis, and even natural disasters are causing small businesses, non-profits / organizations, and schools everywhere to scramble for help. Biznis Resource can help!

GREAT / RECENT FUNDING OPTIONS:

UT Governor’s Office of Economic Development (GOED) Utah Leads Together “Bridge” loans: .00 Interest, 5-year loans, up to $20K and DEFERRED LOAN PAYMENTS (Learn More / Apply HERE)!

CARES Act loans: .05 Interest, 10-year loans, 2.5x monthly payroll costs and EIGHT WEEKS LOAN FORGIVENESS (Learn More / Apply HERE)! Please let them know that Biznis Resource referred you.

SBA Economic Injury Disaster Relief (EIDL) loans: .0375 Interest, up to 30-year loans, up to $25K (without collateral) and $10K LOAN FORGIVENESS! (Learn More / Apply HERE)!

Collateral-based Small Business Loans: 75 lenders, NO credit pull, and funding within 48 hours (Learn More / Apply HERE)!

Business Credit / Revolving Loans: Establish business credit and secure at least $50K within 90 days for only $5K (Learn More / Apply HERE)! Please let them know that Biznis Resource referred you.

Small Business Private Investors: Secure LOCAL, PRIVATE INVESTORS with the help of Biznis Resource! (Learn More / Apply HERE)!

OTHER GREAT FUNDING OPTIONS:

Best Small Business Loans of 2020 — **CLICK HERE / ABOVE TO LEARN MORE** (U.S. News & World Report, re-published March 9, 2020)

Need help? Don’t hesitate to ask. Biznis Resource has your back!

NEED OTHER BUSINESS CAPITAL / FINANCE OPTIONS?

CLICK HERE!

IMPORTANT TIPS: 1) Document all payroll costs, and 2) Create line items for each Covid-19-related expense (i.e., time spent on extra meetings, additional supplies purchased, increased cost of benefits. technology-related coping expenditures, etc.). Doing so will make it clean and easy to request / receive loan forgiveness and tax exemptions down the road!