APPLICATION DEADLINE

September 27 - 5pm

Greetings

Wisconsin Business Owners

Effective Immediately!

First American Capital Corporation is offering SBA Microloans up to $50,000 with the first six months of principal and interest payments covered for you by the U.S. Small Business Administration (SBA) - as an element of the Coronavirus Aid, Relief and Economic Security Act (CARES Act).

SBA Debt Relief Loan Product

This is a limited time offer – and the clock is ticking - as the SBA six month “debt relief period” only applies to loans fully closed/disbursed by September 27th, 2020 and is dependent upon available funding.

designed to help eligible businesses fund:

Purchase of equipment
Inventory
Fixtures
Supplies and/or working capital needs

If a borrower is approved for a $50,000 SBA Microloan with a three-year term at 8% interest prior to 9/27/2020, the first six months of principal and interest payments totaling approximately $9,400 would be made on your behalf by the SBA. At month seven, your principal balance is now approximately $42,475 and you have saved approximately $1,876 in interest expense.


Here is an example of how this FACC debt relief loan product works:

We are all in this together, and we will get through this together...FACC is here to help! 

For more information on FACC loan products, COVID-19 Business Resources, and FACC business capacity building development services, visit the FACC Website at:

WWW.AICCW-FACC.ORG

To learn more, please contact FACC Loan Officers Craig Anderson (craig@aiccw-facc.org / 414.975.9036) or Bill Beson (bill@aiccw-facc.org / 715.820.2619).

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10710 W. Scharles Ave.  • Hales Corners, WI 53130 • 414.604.2044

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