We’re here to make growing your business easy.
Is your business ready to expand? Enrichment can help with flexible business financing. Whatever your business needs, we can help you get there.
Paycheck Protection Program
The Paycheck Protection Program has expired as of August 8th, 2020. If Congress allocates further resources or extends the deadline, we will update this information and reopen the online application.
PPP Forgiveness
On June 5th, the PPP Flexibility Act was signed into law which provided significant concessions for loan borrowers as we move into the forgiveness period. Among them:
- Extension of original 8-week spending window to 24-weeks.
- Reduction of 75% payroll requirement to 60%
For now, it is our recommendation for you to wait until closer to the end of the 24-week covered period, beginning on the date of your PPP loan, to submit any forgiveness paperwork. This will allow you ample time to spend the funds appropriately to gain loan forgiveness. As we work through this phase of the PPP loan program, we will reach out to all our PPP borrowers to expedite the forgiveness process.
Contact a Business Loan Specialist
Have more questions? Our Commercial Loan Team will help determine which loan
is right for you and walk you through the process.
Commercial
Auto Loans
Take your business where it needs to go with an Enrichment Commercial Auto Loan.
Business Equipment
Loans
If you need new equipment or machinery to maximize your productivity and your profit, an Enrichment Business Equipment Loan is just the thing for you.
Business Line
of Credit
Having easy access to cash is a valuable asset in today's fast-paced business world. Unexpected expenses happen, and we can help protect you.
Term Business
Loan
Enrichment Fixed Term Business Loans help finance long-term, strategic investments, business expansion, permanent working capital and refinancing long-term assets.
