Capital Good Fund has launched a Crisis Relief Loan product to assist families affected by the COVID-19 pandemic.
“We understand that families are experiencing unprecedented uncertainty and hardship in this difficult moment, and we are committed to playing our part,” says Capital Good Fund Founder and CEO Andy Posner. “Now more than ever, families need access to safe loan products with which to address a sudden shock to their income. In addition to offering our existing 2,000 clients the option to defer payments, we have created a brand-new product which is specifically tailored to deal with this crisis.” Capital Good Fund is a nonprofit, U.S. Treasury-certified Community Development Financial Institution that provides equitable loans for a variety of key needs, including emergencies; vehicle purchase, repair, or refinance; security deposits; and immigration expenses.
Thanks to a generous $30,000 grant from Gulf Coast Community Foundation, the Crisis Relief Loan is now available in Sarasota County. Read the full press release here.
Applicants for the Crisis Relief Loan can apply at www.capitalgoodfund.org/COVID. A two-business-day turnaround from application to decision is guaranteed.