• Up to an additional $15,000 o 0% interest rate, no fees
• 3-year term, 6 months no payments, 2 ½-year full amortization
• Available to existing URA small business borrowers ONLY

• Email request (to Tom Link and/or Jennifer Wilhelm and/or your URA loan officer)
• Provide a Statement of Need for additional credit o Provide previous 1-month cash flow statement

• Up to an additional $15,000 • Loan proceeds may be used for rent, payroll, and other approved fixed monthly business expenses
• 0% interest rate, no fees
• 3-year term, 6 months no payments, 2 ½-year fully amortizing after payment deferral period
• For existing small businesses (not startups) located in the City of Pittsburgh  

• Apply here
• Provide Statement of Need from applicant
• Previous years financial statements (including cash flow statement)

• The U.S. Small Business Administration is providing low-interest Economic Injury Disaster Loans to qualified Pennsylvanian small businesses experiencing economic injury as a result of the coronavirus. These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the COVID-19 impact. Here's the basics and how to appy.
   
• Hebrew Free Loan Association of Pittsburgh has announced a Coronavirus Financial Bridge Loan Program to provide interest-free loans on a nonsectarian basis for up to $5,000 to residents of Allegheny, Beaver, Butler, Westmoreland, Washington, and Armstrong counties who are facing financial challenges caused by the Coronavirus/COVID-19 outbreak.
   
• The U.S. Small Business Administration Guide provides help to plan and respond to COVID-19.
   
• Honeycomb Credit is offering the Honeycomb Relief Loan program to small businesses affected by the coronavirus. These loans up to $50,000 will offer a 45-day payment free period and a six-month interest-only period. Honeycomb is also streamlining its diligence process, accelerating the speed that it launches campaigns onto its platform, and reducing fees across the board.
   
• The Kiva Pittsburgh program at Riverside Center for Innovation (RCI) helps business owners to apply for and crowdfund 0% interest loans with Kiva.org. During the COVID-19 outbreak, loans can be as much as $15,000 with a 6-month grace period. Find links to more information, local assistance with your application, and the online application on the RCI website.
   
• The PA Department of Community and Economic Development has a list of contacts and resources that are available to assist affected businesses.
   
• The Allegheny Conference and its affiliate organizations created the Pittsburgh Region Response to COVID-19 webpage, full of information and resources available across local government, corporate, philanthropic, university and non-profit communities. 
   
• Bridgeway Capital developed a COVID-19 Relief and Resources page for access to its financing solutions and resources. Bridgeway’s Entrepreneurship Hub is also offering free technical assistance.
   

• Chatham University Center for Women’s Entrepreneurship is offering services, including counseling sessions and technical assistance, by telephone. 
   
• Yelp is offering $25 million in relief primarily to independent, local restaurant and nightlife businesses, in the form of waived advertising fees and free advertising, products, and services.
   
• Google is offering guidance for small businesses, including how to communicate with your customers and employees, how to effectively work from home, and how to modify advertising, among other topics.
   
• Facebook has a Small Business Grants Program that offers $100M in cash grants and ad credits to help during the outbreak of COVID-19.
   
• Postmates offers information for using its platform to sell takeout, which may increase your customer reach and boost your digital presence.

Think Shadyside

5501 Walnut Street

Suite 206

Pittsburgh, PA 15232

(412) 650-0430