We are always committed to providing our valued small business customers with tools and resources to thrive in their financial endeavors. Today, we are excited to bring to your attention a special opportunity in collaboration with business funding experts – Swoop.
The Canada Emergency Business Account (CEBA) was a lifeline for many businesses during the pandemic. Now, through our partnership with Swoop, we are thrilled to offer you a streamlined and user-friendly solution to navigate the CEBA Loan Forgiveness process seamlessly.
What is CEBA Loan Forgiveness?
CEBA loan forgiveness offers the opportunity to have up to $20K of your CEBA loan balance forgiven, provided specific conditions are met.
How does Loan Forgiveness work?
Depending on your loan amount, forgiveness can be 25% to 50%.
To qualify, you need to repay your CEBA loan by January 18th, 2024 or submit an application to refinance by that date. Should you have any questions or require assistance, please don’t hesitate to reach out and book a meeting with a funding specialist here.