True Access Capital is offering loans up to $20,000 for underserved small businesses. The Fund will focus on businesses that were unable to take advantage of the Federal and State relief programs. Small businesses that were forced to close or experienced reduced revenue as a result of COVID-19 are eligible to apply.
The funds may be used to support operating expenses, enabling businesses to stay open. They may be utilized to retool how the business operates, such as sit-down restaurant re-opening under new safety requirements or shifting to takeout/delivery. They may also help small businesses relaunch when the COVID-19 crisis subsides.
Program eligibility requires the business to be located in Delaware and the annual income cannot exceed $500,000. Additionally, it must be a for-profit business that started prior to March 15, 2020.
To apply, contact Barbara Willis, Director of Lending, via phone (302) 652-6774, Ext 113, fax (302) 656-1272, or email bwillis@trueaccesscapital.org.
Download:
- Program Application (PDF)
- Program Application – Spanish (PDF)
- Program Informational Flyer (PDF)
True Access Capital
100 West 10th Street
Suite 300
Wilmington, DE 19801-1642
www.trueaccesscapital.org
