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Hawaii small businesses can apply for low-interest disaster loans until Jan 6

Hawaii small businesses can apply for low-interest disaster loans until Jan 6

31 December 2022
| By Invoice Bazaar

Small business owners in Honolulu, Maul, and Kalawao counties of the United States are eligible to apply for low-interest disaster loans of up to US$2 million for working capital needs. The deadline for submitting applications is January 6. These loans are being given to offset losses inflicted by the drought conditions in the above three counties. The interest rates are 2.94% for businesses and 1.875% for private non-profit organizations, and the maximum term of the loan is 30 years. The loan amount can be used to pay fixed debts, accounts payable, payroll, and other bills that small business owners cannot pay due to the disaster’s impact.

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Congratulations to our Triterras’ Chief Commercial Officer (CCO) Ashish Srivastava, who was interviewed and quoted in the article “The Transaction Banking Revolution has Only Just Begun” by Euromoney. Ashish was featured along with C-Suite Executives from Citi, HSBC, Deutsche Bank and Standard Chartered Bank, among others.

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Hawaii small businesses can apply for low-interest disaster loans until Jan 6

Related Articles

The transaction banking revolution has only just begun

Global Trade Finance Gap Expands to $2.5 Trillion in 2022

How blockchain-based facilities can close the $2tn global trade finance gap

The Impact of COVID-19 on Trade Finance: A Retrospective Analysis

Innovating Trade Finance for MSMEs

The Future of FinTech: The Technological Revolution in Trade Finance

The Rising Influence of Non-Bank Financial Institutions in today’s market

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Trade finance volumes robust as growth slows

Financial market volatility complicates funding environment

The Resurgence of Letters of Credit: A Response to Tightening Liquidity & Rising Interest Rates

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Trade finance must digitalize to combat fraud

The world’s trading system needs to ditch its paper trail

A new paradigm for global trade

Digital Supply Chain Finance is the future for global economic development & recovery

CRR hit to trade-finance banks should be avoided

Are the current Indian policies with regard to export financing sufficient to beat inflation?

Triterras wins the Singapore SME 500 Award 2023

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