Hurricane Sandy Small Business Loans Disaster Assistance Update
$2MM in small business funding approved by ExpressBusinessLoans.Com in past week for small businesses responding to and affected by Hurricane Sandy
Amityville, NY (PRWEB) November 05, 2012
Small businesses affected by Hurricane Sandy are advised that the Disaster Assistance Express Small Business Loan is currently offering funding in 48-72 hours. Already $2 million has been approved for small businesses affected by the storm. Citi Wide Merchant Funding will continue processing applications through the end of November. "At the moment our ability to provide funding to Main Street small businesses is enhanced by a combined $50 million dollars worth of credit we have secured" says Michael Martin, Vice President of Citi Wide Merchant Funding. There is no application fee and no down payment required. The application and supporting documents required can be completed entirely online.
Unlike SBA disaster loan programs the Express Business Loan can be used to expand your business and no collateral is required. Insurance proceeds that result from Hurricane Sandy are not required to be applied to the loan balance. Personal financial statements are not required for approval or loan disbursement. Terms are available up to 2 years.
Citi Wide Merchant Funding wishes that small businesses and the communities affected by Hurricane Sandy continue to rebuild
Amityville, New York based Citi Wide Merchant Funding, INC is a provider of small business financing to small and mid-sized businesses across the United States. Our programs are individualized to the capital needs of each business. Since 2007 Citi Wide Merchant Funding has funded millions of dollars to businesses underserved by traditional banks. Learn more about our small business loan programs by calling (631)608-2811
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/11/prweb10093779.htm