Private banks are now stepping up to play their part in relieving the financial pressures that small businesses now face as a result of the coronavirus outbreak.
U.S. Bank has announced that they’re offering reduced pricing on two of their small business funding products: Quick Loan (term loans for general expenses) and Cash Flow Manager (secured & unsecured lines of credit).
Their term loans are available with interest rates 2% lower than standard, and their lines of credit are available with interest rates 1% lower than standard. Note that these reduced rates are only being offered to small businesses that qualify.
Visit the U.S. Bank website for more information.