Align Credit Union is proud to announce they are offering financial assistance to businesses directly affected by the recent gas explosions in Lawrence, Andover and North Andover through the state of Massachusetts’ emergency loan fund. The $1,000,000 fund offers emergency loans to eligible businesses with no payments and no interest for the first six months. Loans through this fund will have an expedited application and approval process with the goal of having all applications processed within 48 hours. Align contributed $50,000 to the fund, and staff is assisting with the underwriting of the loans and providing translation services for anyone who has questions or needs help applying.
“Align Credit Union has deep ties to the Merrimack Valley community. We were founded in Lowell in 1922 and many of our Members and staff live and work in the area,” said Align President Ken Del Rossi. “We are pleased to be part of this initiative and provide our neighbors with the resources and support they need to get back to business.”
For more information on the fund, find out if you qualify and how to apply, visit http://wearelawrence.org/