The HFLA is now offering small business micro-loans. These loans are for existing business owners and go up to $5,000. Repayments will not start until mid-June and the loans will be on 27 month terms. The “normal” payment will be reduced to $100/month for the first four payments. The next 23 payments will be $200. Call Katy Fuerst for more information on approval criteria at 216-378-9042. Download the application form now.
Team NEO, our region’s JobsOhio network partner, has created an online resource list for your reference, which can be found here.
Additionally, Cuyahoga County, in partnership with the Economic & Community Development Institute (ECDI) and other partners, has launched a Small Business Resource Center. Businesses can reach live agents through the Call Center who will help them with the following services:
Assistance with applying for the Small Business Administration (SBA) Economic Injury Disaster Loan (EIDL) for loans up to $2 Million and Advance Grants of up to$10,000
Business Consulting and General Assistance
Information about Financial Assistance and Services
Unemployment Insurance Benefits Application Assistance to navigate the system
Strategies for Retaining and Retraining Employees
The Call Center is available Monday –
Friday, 8:00 AM – 5:00 PM at (216) 452-9714.