Small businesses affected by Hurricane Matthew are advised that the Disaster Assistance Express Small Business Loan is currently offering funding in 24 – 48 hours. ExpressBusinessLoans.com will be processing applications starting October 7th for the next 30 days. There is no application fee and no down payment required. The application and supporting documents required can be submitted online.
Hurricane Matthew is making steady progress towards the Florida coast and is expected to make landfall at late October 6th. Hurricane Matthew’s path is projected to wreak havoc along the east coast for the rest of the week with wind speeds reaching up to 140 MPH. This will be the strongest hurricane to make landfall since Hurricane Andrew, which inflicted nearly $46 billion in inflation adjusted damage.
Unlike the SBA disaster loan programs, the Express Business Loan has no use restrictions and can be used to expand your business. No collateral is required. Insurance proceeds that result from Hurricane Matthew are not required to be applied toward the repayment of your loan balance. Personal financial statements are not required for approval or loan disbursement. Terms are available up to 3 years. Certain programs will require no personal guaranty.
ExpressBusinessLoans.com wishes that the small businesses and communities affected by Hurricane Matthew are able to recover quickly.