Due to COVID-19, our offices are temporarily closed but our staff continues to work remotely and will be available by email and phone to assist you.

COVID-19 Updates

Resources and updates for small businesses, entrepreneurs, and community economic development development practitioners affected by the COVID-19 pandemic.

NC Rapid Recovery Loan Program

In response to the unique economic challenges of COVID-19, a consortium of public, private, and nonprofit partners, including Carolina Small Business Development Fund, have come together and launched an innovative recovery-lending program to help support entrepreneurs. To apply for this loan, click here. Enter Carolina Small Business Development Fund (CSBDF) as the referring organization so that we can assist you.

El Préstamo de Recuperación Rápida COVID-19  apoya a las pequeñas empresas y granjas familiares de Carolina del Norte mientras se recuperan del impacto económico del COVID-19. Este préstamo de recuperación rápida ayuda a las pequeñas empresas a afrontar la crisis mientras se aprueban los préstamos federales, pagos de seguros y otros fondos de ayuda, o cuando han tenido tiempo para recuperarse.

Este no es un programa de subvenciones. Los préstamos de recuperación rápida no están diseñados para ser una fuente única de asistencia para las pequeñas empresas. El reembolso se espera de fuentes de financiamiento más permanentes o del flujo de caja futuro del negocio. Solicite el préstamo de recuperación rápida COVID-19. Para mas informacion, visite esta pagina.

Small Business Administration Assistance

Currently, the SBA offers two programs that we recommend. For questions about either program, please contact SBA disaster assistance at 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba.gov:

Helping Current CSBDF Clients

If your small business is in need of a payment modification on your loan with us we want to assist you.  For us to best assist you we ask that you send the following information.  Please note that the financial information we are requesting is to assist us in keeping our loan files compliant with certain requirements of SBA and various funders and to better address your needs. If you cannot provide a requested document, please provide a brief explanation. You may submit the information to creditadmin@carolinasmallbusiness.org.

We appreciate your assistance in providing the information that helps us stay compliant and we thank you for your trust as we successfully manage this very difficult situation together. We estimate your loan modification request will be completed within 5 business days of your submission of the above information.

Small Business Stories of COVID-19

We’re reaching out across the state to learn more about how this crisis has impacted our clients. Partners and supporters of our work have asked to learn more about the challenges small businesses are facing in this crisis. We have shared some of the sobering stories we’re hearing here. We encourage all of our supporters to patronize these small businesses, to help them endure during this difficult time.