The KC COVID-19 Small Business Relief Loan Fund will provide flexible, patient capital for the area’s hardest hit small businesses. Applications are available now for 3-year, short term loans up to $100,000 with no interest and deferred payments for the first 6-12 months. No minimum credit score is required, and collateral requirements are flexible.
Small businesses interested in applying for the KC COVID-19 Small Business Relief Loan Fund must:
be located in the Kansas City region;
have 20 or fewer Full-Time equivalent employees;
have $2.5 million or less in annual revenue.
Priority will be given to small businesses in retail, food service, arts, and entertainment, hospitality, healthcare not directly involved in the COVID-19 response, fitness, personal service, and transportation.
For more information, please visit the website at https://www.alt-cap.org/covid-relief-fund or view the full announcement by clicking here.