Small Business Resources

Relief Programs Available for Small Business

This is an uncertain time and we know many small business owners are experiencing financial concern or hardship. Here is a collection of resources that may be available to you as a small business owner. EmblemHealth is not affiliated with these programs or organizations and cannot assist with any facilitation. Please contact organizations directly.


Assistance through the U.S. Small Business Administration

Full guidance and programs can be found on the U.S. Small Business Administration website.

  •  SBA Express Bridge Loans: The  Express Bridge Loan Pilot Program allows small businesses that currently have a business relationship with an SBA Express Lender to access up to $25,000 with less paperwork. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loan or used to bridge the gap while applying for a direct SBA Economic Injury Disaster Loan. If a small business has an urgent need for cash while waiting for decision and disbursement on their Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan. Find an Express Bridge Loan Lender via SBA’s Lender Match Tool or by connecting with your local SBA District Office.
  • SBA Paycheck Protection Program 
    • The Paycheck Protection Program (PPP) is part of the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act. The PPP provides loans of up to $10 million to support small businesses and other eligible entities to pay workers, interest on mortgage obligations, rent, insurance, paid sick or medical leave, utilities, and payroll-related costs incurred from Feb. 15, 2020 – June 30, 2020. 
  • SBA Economic Injury Disaster Loan ProgramThe SBA’s Economic Injury Disaster Loan (EIDL) Program provides small businesses and non-profits with low-interest loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing due to COVID-19. 
  • Exporting AssistanceSBA provides export loans to help small businesses achieve sales through exports and can help these businesses respond to opportunities and challenges associated with trade, such as COVID-19. The loans are available to U.S. small businesses that export directly overseas, or those that export indirectly by selling to a customer that then exports their products.
    • Export Express loan program allows access to capital quickly for businesses that need financing up to $500,000. Businesses can apply for a line of credit or term note prior to finalizing an export sale or while pursuing opportunities overseas, such as identifying a new overseas customer should an export sale be lost due to COVID-19.
    • Export Working Capital program enables small businesses to fulfill export orders and finance international sales by providing revolving lines of credit or transaction-based financing of up to $5 million. Businesses could use a loan to obtain or retain overseas customers by offering attractive payment terms.
    • International Trade loan program helps small businesses engaged in international trade to retool or expand to better compete and react to changing business conditions. It can also help exporting firms to expand their sales to new markets or to re-shore operations back to the U.S.
  • Access to Capital: SBA provides a number of loan resources for small businesses to utilize when operating their business. For more information on loans or how to connect with a lender, visit:  SBA has developed Lender Match, a free online referral tool that connects small businesses with participating SBA-approved lenders within 48 hours.


Assistance Available from New York State or New York City

  • Mortgage and Fee Relief: New York State mortgage servicers to provide 90-day mortgage relief to mortgage borrowers impacted by the novel coronavirus.
    • Waiving mortgage payments based on financial hardship. No negative reporting to credit bureaus, late payment fees or online payment fees. Grace period for loan modification. New York will implement a 90-day moratorium on evictions for residential and commercial tenants. The Governor has also asked DFS to instruct state-chartered banks to waive ATM fees, late fees, overdraft fees and fees for credit cards to help lessen the financial hardship of the COVID-19 pandemic on New Yorkers.
  • NYC Small Business Continuity Loan ProgramThis program is available to New York City businesses with fewer than 100 employees that can demonstrate at least a 25% decrease in revenue as a result of COVID-19. Eligible businesses can apply for an interest-free loan up to $75,000
  • NYC Employee Retention Grant ProgramNew York City is offering small businesses with fewer than five employees a grant to cover 40% of payroll costs for two months to help retain employees.


Check referenced websites for additional programs and the latest information as program requirements and availability may change.