02/04/2020 · Business owners can apply for both the Paycheck Protection Loans and the EIDL loans, as long as they cover different expenses. There is a penalty if you apply for both loans to pay the same ;· Shorter loan terms—from a few months to a few years. Smaller loan amounts of $500 to $5,000, designed to tide you over for a short period. Quick application and funding, with money in your 23/03/2020 · The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses affected by coronavirus (COVID-19). [Withdrawn] Apply for the Coronavirus Business 24/04/2020 · Pawnshop Loans. A pawnshop will provide you with a short term loan, holding onto an item you own as collateral. If you can’t repay the loan, the pawnshop keeps your ;· Most hardship loans range from $500 to $5,000 -- enough to get you through a few months of unemployment. These loans come with low interest rates starting at 3%, and they offer flexible repayment 30/03/2020 · The Paycheck Protection Program creates a type of emergency loan that can be forgiven when used to maintain payroll through June. The basic purpose of the Paycheck Protection Program is to incentivize small businesses to not lay off workers and/or to rehire laid-off workers that lost jobs due to COVID-19 ;· Marcus loan customers who are affected by the COVID-19 pandemic can postpone their loan payment for one month with no additional interest. The loan term will simply be extended by a month
