New Federal COVID-19 Support Initiative Avaliable

The Federal Government put forward details for the Highly Affected Sectors Credit Availability Program (HASCAP). This program is available through your primary lender as of February 1, 2021. HASCAP provides 100% government-backed loans and will provide $25,000 - $1 million per legal entity, up to a maximum of $6.25 million, to be used for operational cash flow. Applications will be accepted until June 30, 2021.