Small Business Assistance Corporation has federal funds available to assist small businesses in the City of Savannah, its surrounding counties; Bryan, Bulloch, Effingham, Liberty, and Long, and South Carolina’s Low Country.

Many businesses in Coastal Georgia and South Carolina have been impacted by the devastation of Hurricane Matthew – property and equipment damage, loss of inventory, interruption of normal business activity caused by power outages, evacuations, and cessation of tourism. SBAC is here to help by providing immediate financial assistance.

SBAC is providing funding up to $30,000 Dollars, right now for qualified borrowers, to repair damage to equipment and buildings, replace lost inventory while awaiting payment from insurance claims, provide cash for payroll, or to resume normal commercial operations disrupted by closing. Financing will have a maximum term of 35 months with rates as low as 4.5% (based on credit score).

Borrowers must be an existing business, provide their 2015 business tax return, and a current business license. All loans subject to funds availability and prudent business lending practices.