Paycheck Protection Program (PPP)
Matadors Community Credit Union has partnered with Newtek Small Business Finance to offer Paycheck Protection Program (PPP) loans to small business owners. A second round of PPP is now available.
Because the rules have changed from the first round, the experts at Newtek Small Business Finance want to make sure you have the most up to date information based on the new legislation and are committed to helping you understand the process required to gain this valuable funding.
Newtek Small Business Finance will handle all requests and application procedures on a first-come, first-served basis. Starting this process does not constitute an application. All applications are subject to underwriting and will abide by SBA guidelines. Visit the SBA's Paycheck Protection Program (PPP) page for more information.
Click the button below to register with Newtek's referral system. Once you have registered, Newtek will send you the application and allow you to upload all required documentation through their secure portal.
Newtek Small Business Finance also provides Small Business Administration (SBA) guaranteed loans to help you start, grow or manage your business. Loans, ranging from $50,000 to $5,000,000 and above, may be used to:
- Open or expand a business or franchise
- Finance business expenses
- Purchase equipment
- Purchase or improve real estate
- Refinance existing business debt
- And many more
When lending, Newtek looks at your personal and/or business credit history; your ability to contribute to a down payment to the project being financed; management experience in the industry in which the loan is sought; available collateral to support the request; ability of the business to repay the loan from earnings; and feasibility of your business plan with reasonable projections.
For more information or to apply, please click the link below or call Newtek at 855-763-9835.Go to main navigation