Tag: business funding

Small Business Impact Grant

Small Business Impact Grant

Posted on by admin in Biznis Capital

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!

Small Business Impact Grant - logo and link

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)
Small Business Funding

Qualifying Businesses May Include:

Businesses that can apply for the Small Business Impact Grant
How do I get small business funding?

HOW TO APPLY:

Small Business Impact Grants - 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
Supporting Small Businesses

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NEED OTHER BUSINESS CAPITAL / FINANCE OPTIONS? CLICK HERE!

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Emergency Small Business Funding Options & Tips

Small Business Funding Options / Tips

Posted on by admin in Biznis Capital

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!

FREE CONSULTATION – BIZNIS CAPITAL / FINANCE
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The Consultation is FREE, so there’s absolutely no risk!

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