Small businesses around the country increasingly look to credit unions to meet their needs, Northwest Community Credit Union President/CEO Jose Garcia wrote in The Daily Herald recently.
“As a credit union lender, the pandemic opened my eyes to the needs of small businesses. The challenges of tomorrow will be daunting, but with the right relationship you can keep your cost of financing down and prosper as a business,” he told the publication. “There are many options to finance. Be smart, know your financial strength and open your eyes to a credit union.”
Garcia also goes into the details of several loan programs offered at the U.S. Small Business Administration, including Paycheck Protection Program, 7(a) loan program, and the CDC/504 loan program.