Covid19 Business Relief
Home Business Relief
We know that the coronavirus (COVID-19) is affecting each of us differently. As this situation continues to evolve, we are taking steps to help businesses as much as possible with updated resources on navigating the new normal and information on funding sources to support your business during this time.
Loan payment assistance for our customers:
If you are a current customer of Santanda Aid Credit Union and unable to make your loan payment due to being impacted by COVID-19, we may be able to help.
SBA Paycheck Protection Program - Re-Opened
A new round of funding for the Paycheck Protection Program (PPP) has been approved as part of the COVID-19 relief package passed by Congress. Funding is estimated to begin in January 2021. So we partnered with ACAP & The Loan Source, to make the PPP 2.0 application process simple. This partnership will allow us to help more small business owners.
Professional Partner
Our experienced team can offer lending solutions to meet the needs of various borrowers - at any stage of their business. We work with buy/sell professionals including business brokers, attorneys and CPAs who are looking for a solid partner to add to their clients' advisory team.
Buy A Business
Existing business owners often find that a business acquisition is a great way to grow. Sometimes purchasing an existing business is less complex than starting a business from the ground up. We offer a variety of commercial, SBA, and USDA B&I loans to meet your needs.
Sell Your Business
If you are looking to retire or sell a business, our experienced bankers can help you with the critical thought process required to achieve your goals. Whether you are selling to a third party or want to structure a sale to family, a partner or a key employee, we can assist with the financing.
More Loan Solutions
Small Business Loans
As an SBA Preferred Lender, Santanda Aid Credit Union can help you secure the critical funds you need with SBA 7(a) or SBA 504 loans.
Business Loans
Our Business Acquisition Loans can be structured to provide cost-effective financing for purchasing a business or another business.
