This is an unprecedented time in our history. The COVID-19 pandemic is having an impact on the health of our love ones, the businesses we rely on and the health of our global economy. As we all continue to navigate through these unique and evolving challenges, we want you to know that Baltimore Community Lending is here with you. BCL staff members are working full time remotely and can be reached by email and phone, and can arrange conference calls or Zoom meetings to keep the mission moving forward.
As the increasing impact of the novel coronavirus (COVID-19) reaches our communities, we recognize that some of our clients may find their businesses struggling. If you are a current BCL Borrower and your business is struggling due to COVID – 19, please reach out to us and we will do everything we can to work with you and help you through this difficult time. For details on how to request relief, please contact Pat Clements at email@example.com.
All investors and financial institutions that are interested in our specific mitigation plans are encouraged to email us as well.
Below are some resources that could be useful for all businesses impacted by COVID-19:
Access To Capital – Local
Based in the greater Washington DC metropolitan region (including Arlington, Alexandria, Fairfax, Loudoun and Prince William Counties in VA, Montgomery and Prince George’s County in MD) and Baltimore MD.
Up to a total of $50,000 per applicant (minimum: $500).
On a first come, first served basis, and as long as the program is funded by the SBA .
No collateral, No credit-score, No origination costs .
Up to 100% of principal is forgivable (if used for payroll and allowed operating costs).
Contact Anjerrika Bean, Baltimore Loan and Technical Assistance Officer, at ABean@ecdcus.org or 409-504-9103
Access To Capital – National
Business Operating Information and Support – Local
Business Operating Information and Support – National
Women of Color e-Lab – Under SheaMoisture’s $1Million Community Commerce Fund, the brand will create an e-learning platform for women of color entrepreneurs to continue to gain education, access to resources, mentorship, and advice on how to prepare for the economic downturn.
CDC Resources for Business and Employers – The official federal site offering interim guidance on COVID-19, including cleaning and disinfection recommendations.
U.S. Chamber of Commerce Coronavirus Toolkit – Customizable media assets, graphics, posts, and more. They can be shared on social media, websites, and additional channels to inform your customers and others.
Baltimore City Health Department – Information, resources, and updates.
Centers for Disease Control and Prevention – Information, resources, and updates.
Johns Hopkins Coronavirus Resource Center – Information, resources, and updates.
The Office of the Governor of Maryland – Information, resources, and updates.
Baltimore City COVID-19 Food Distribution Sites – This application shows which Baltimore City sites are serving as food distributions locations during the COVID-19 related school closures and other social distancing measures.