It may be April Fools' Day, but we know times are no joke for small business in this current state of affairs. Our teams are working across our footprint to provide guidance, support and capital to meet the growing challenges facing small businesses today so America becomes healthier.
Based on current conditions, health and safety precautions, which includes closing of non-essential businesses, will remain in affect at least until mid April and potentially May. This means we all must determine what our new business models will be moving forward, even if its only for 30, 45, 60, or 90 days -- it's alot, we know.
As you face on-going challenges and pivots in today's new economy, we’d like to share with you some of our initiatives, resources and activities during this crisis, so you can connect with community and equip your business.
Our Pivot:
LiftFund has decided to fully take on the COVID-19 crisis by only providing COVID-19 related products and services to small businesses. We've designed a centralized relief landing page, and developed webinars to support small businesses and partners during this time. Visit our updated site. We are also working closely with our SBA and IRS partners to see how the Economic Injury products and the Payment Protection Plan will help small businesses and our clients. Learn more about those resources here.
Be Inspired:
We are so amazed and proud of our client’s resiliency and dedication to our community. Even during the most trying times, they are giving back – like Thuy who is making protective face shields on her 3D printer at home and donating them to the medical community, or Boyan and Chris, who are making hand sanitizer from their distillery. During this tough time, community is what keeps us strong.
Our Partnerships:
We want to thank our COVID-19 relief partners on this journey for their immediate support. With so many ever-changing pieces in this current landscape, we are grateful for private and public leadership including: Bexar County, El Paso County, City of El Paso, San Antonio Area Foundation, USAA, Frost Bank, Wells Fargo, H.E.B. and many more that are on the horizon in supporting small businesses during the COVID-19 crisis.
We're launching the Daily Lift on our social media platforms this month! The goal of the Daily Lift is to share tips, inspiration, and stories from the small business community. It will have a range of posts and insights that we want to share or that inspire us, and may inspire you too. Visit our platforms on Facebook, Twitter and Instagram. If you'd like to share content, email us too! We are always looking for collaboration, stories, and more. You can also join the conversation with the hashtag #DailyLift.
Visit our blog to learn more and connect with us.
Join us for our Webinar this Friday
Preparing your Small Business for Special Capital
Loan Programs During COVID-19
You may or may not have heard about the CARES Act and what communities across the country are doing to support small business. This webinar will discuss and share resources for capital that SBA and the US Treasury department have implemented for small businesses negatively impacted by COVID-19.
We will provide insight on products, documentation, and forms so you can prepare yourself to support your business with capital.
Friday, April 3 | 2:00 PM to 3:00 PM
You can see our other webinars here on our events page.
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