We know this is a challenging time for you, your loved ones and your business. Our mission at Quicksilver Capital has always been to provide alternative financing solutions for your business. With the passing of the CARES Act, the SBA has created several lending programs for economic assistance. Click below to begin the application process for these programsEIDL (7B) – ApplyPPP (7A) – Apply
The 7(b) loans provide up to $2 million in assistance with an interest rate of 3.75% for-profit companies and an interest rate of 2.75% for non-profits. The loan terms extend up to 30 years and there are no upfront fees or early payment penalties.
Those interested in applying, must apply before December 31, 2020
Emergency Advance up to $10,000
An eligible small business must apply for the 7(b) loan in order to request the Emergency Advance of up to $10,000
Those interested in applying must apply before December 31, 2020
As this program is administered through existing SBA 7(a) lenders, we are pleased to inform you that Quicksilver Capital has coordinated with a trusted Community Bank and an SBA Preferred Lender to facilitate the application process for our valued merchants.
The loan can be forgiven up to the full principal amount of the loan and any accrued interest if the borrower uses all the loan proceeds for forgivable purposes and employees and compensation levels are maintained