Financial Relief From cPort
Have you been affected by the disruption caused by COVID-19? We’d like to help.
This program allows you to skip payments for up to three consecutive months and pay later, with no added fees.
To apply for Fee-Free Skip-A-Pays please visit cportcu.org or call Member Care at 1-800-464-0253.
CARES Act Information
On March 27, President Trump signed into law the “Coronavirus Aid, Relief, and Economic Security Act” or the “CARES Act.” The Act will provide loans for emergency assistance and health care response for individuals, families, and businesses affected by the 2020 coronavirus pandemic.
What You Need to Know
cPort will be providing financing for the CARES Act. The Small Business Administration will spend the next few weeks working to finalize the rules and details around the process and how to apply. A few high-level things we already know about the loans include:
- Companies with less than 500 employees are eligible for these loans
- All loans will be 100% guaranteed by the SBA
- Self-employed and independent contractors can participate
Reach out to a cPort Member Care Representative at 1-800-464-0253 if you are interested in learning more details around the CARES Act rules and application process once they become available. Once the SBA has finalized the process, cPort will contact you directly.
While you’re waiting to hear from us, spend some time gathering your financial information and make sure that it’s up to date. Your prior expenses may help to determine your eligibility for loan amounts.