COVID-19: Overcome the Impacts with Our Reliable Online Lending Services

The Coronavirus (COVID-19) pandemic impacted many businesses and interrupted jobs worldwide. If you need quick cash to bounce back, Slick Cash Loan is here to help you!

Since the Coronavirus (COVID-19) pandemic hit the world, it has impacted many industries and livelihoods worldwide. For example, a recent study shows that approximately 114 million individuals lost their jobs in 2020 due to the pandemic.

Yet, while the crisis is still ongoing, many people are looking to bounce back and rebuild their lives. Does this sound like you? If so, you have come to the right place because Slick Cash Loan is here to help you secure a loan to get you started.

Helping You Tackle COVID-19 Impact

At Slick Cash Loan, we value our customers and focus on offering you critical services and helping you thrive. As the pandemic continues to impact different sectors across the country, we're committed to keeping you and your family safe. Safety is our priority, and we ask our clients to reciprocate.

You Can Reach Us Online

Despite the COVID-19 ramifications, you can stay at home and receive the loan money you want through our online platform. In addition, online loans can offer a quick fix for your problems during these challenging times because processing won't take ages.

Our application process is straightforward, and you can instantly receive the funds you need and meet your goals. As we collaborate with you to provide the best services, you want to keep in mind the preventive measures according to the Centers for Disease Control and Prevention, including:

  • Washing your hands with water and soap or a hand sanitizer if these aren't available
  • Don't go to improperly ventilated spaces
  • Avoid crowds
  • Keep 6 feet apart from others when in public places
  • Cover your mouth and nose by wearing a mask to protect yourself and others

As you protect yourself and others, you also want to watch out for symptoms such as:

  • Loss of smell or taste
  • Body and muscle aches
  • Headaches
  • Fever
  • Diarrhea
  • Sore throat
  • Cough
  • Nausea
  • Fatigue

Steps Government Has Taken to Provide Personal Financial Help

The United States government has various loan programs to support communities, businesses, and individual needs. If you can't qualify for a private-lender loan, you may benefit from the government loan programs. These loans aim to:

  • Encourage entrepreneurship and innovation
  • Offer relief from disasters
  • Enhance human capital in the country
  • Boost residents quality of life and the overall national economy

Are you a small business owner struggling with little or no collateral? If so, you may want to consider government loans because private lender terms may not be the best for your needs. In addition, government loans are low-cost and aim to bridge the capital gap, allowing the borrower to gain long-term benefits.

How Do Government Loans Work?

The loans are beneficial to both the government and the borrower. As a borrower, you'll receive capital, and the requirements are you return the initial capital with interest. While the government guarantees and secures these loans, the money comes from taxpayers.

The Government Offers Unsubsidized and Subsidized Loans

A third party pays the interest for the required period with subsidized loans, not the borrower. For example, a subsidized federal student loan means that the government or the bank for Federal Direct Subsidized Loans will pay the interest when the borrower is in school and after graduation during a grace period.

On the flip side, unsubsidized loans require you to pay the interest right from the beginning. With unsubsidized federal student loans, you won't need to prove your financial needs as a borrower. Also, in many instances, you can borrow more.

The United States government offers a broad range of loans to benefit citizens, including:

Student Loans

These loans are critical for funding particular research-related courses, graduate college education and undergraduate. Some research areas such as pediatrics, infertility nursing, contraception, and AIDS have dedicated loan programs. Typical student loans include:

  • Direct Consolidation Loans
  • PLUS loans
  • Federal Direct Loans

The Government Offers Housing and Urban Development Loans

Financial home loans are the most significant part of government loans. With this loan, you can borrow to make your home energy efficient, purchase a home, or pay for your home improvements and repair. Loan programs you can expect in this category include:

  • FHA 203 (k) Loans
  • VA loans
  • Refinancing Loans
  • FHA Loans
  • First-Time Homebuyer Loans

Due to physical property collateral, lenders consider these loans the safest if a borrower defaults.

Industrial and Business Loans

Undoubtedly, a community or country cannot flourish if the marketplace is stagnant. So there's the need for healthy competition, employment, entrepreneurship, and innovation for the overall growth of any nation.

The United States government provides industrial and business loans to encourage the growth and development of these aspects. Whether you own a large corporation, mid-sized company, or a small business, these loans can help you boost your enterprise.

You can use the funds you receive to purchase machinery, equipment, land or cater to your personalized business needs. In addition, these loans can propel your start-up because the government provides management assistants to entrepreneurs with high growth potential.

Frequently Asked Questions Related to COVID-19 Impact on Our Online Lending

Can I Get a Loan through an Online Application?

Sure, you can get a loan at the comfort of your home after applying online, especially during the tough Coronavirus (COVID-19) pandemic period. You don't need to commute to an office for a loan application because online platforms offer you an opportunity for an easy application.

At Slick Cash Loan, we provide an intuitive application process that can take less than an hour to complete.

What if I cannot Settle an Upcoming Loan Payment due to My Financial Situation?

Typically, you commit to paying the loan according to the outlined terms and conditions when signing a contract during a loan application. However, additional charges may apply if you fail to honor this agreement.

The penalty you may pay varies depending on your lender. If you think you won't settle an upcoming payment, you should speak to your lender and discuss the best available option.

How do I apply for a Loan Online through Slick Cash Loan?

Online loan application via Slick Cash Loan isn't complicated. All you need is to visit our website and start the application instantly. This can take you less than 2 minutes! So start now and secure the funds you need.