This article is sponsored by MSU Federal Credit Union
Host Tati Amare spoke with Deidre Davis from Michigan State University Federal Credit Union (MSUFCU) about getting help for your small business.
Deidre recommended that if small businesses have been impacted by COVID-19 and are in need of assistance ,they should contact the financial institution they work with. Some institutions are offering loan extensions or deferments, and assistance loans. MSUFCU is offering loan deferrals and low rate business assistance loans. Businesses are encouraged to reach out for assistance from MSUFCU which can walk them through the best steps for them.
MSUFCU Desk Drawer Fund donated thousands of dollars to different organizations as well as front line workers. MSUFCU is also funding the Baldwin Public Library group of volunteers who are using 3D printers to make face shields. The shields are distributed throughout Michigan with most going to Oakland County.
To learn more about how MSU Federal Credit Union can help your small business, visit their website msufcu.org.
Watch the video for more information on MSUFCU.