COVID-19 Emergency Loan Program (C-19 ELP)
Put the value of your investments to work for your organization.
As a union-owned and operated bank, we are uniquely positioned to go above and beyond in serving Labor’s financial needs. Never before has our mission focus been more critical.
We’ve pulled out all the stops to create COVID-19 Emergency Loan Program (C-19 ELP), a program that will be most helpful to Affiliate Unions during these uncertain times. The terms are designed specifically for our Labor friends, the structure is unusually Labor friendly. Plus, we’ve waived all customary fees. Our objective is to provide financial support that meets Labor’s unique needs in these uncertain times.
We recognize that each Affiliate Union will have different borrowing needs, timelines, capabilities and resources, so we’ve put the framework and resources in place now to meet those needs and circumstances in the coming months.