Now That the Small Business PPP Loan Is Over, What Are My Financial Options?


The small business PPP loan is a hot topic right now among borrowers who are facing financial distress due to COVID. Since the Small Business Administration opened their online form for the Paycheck Protection Program loan a couple of months ago, it has been flooded with applicants seeking financial relief.


The Small Business Administration (SBA) is doing what it can to help out small businesses, particularly providing PPP loans to eligible borrowers and lenders, but now that window of opportunity is closed.


Small businesses lost their chance to apply for the PPP after August 8, 2020, so what’s next? The small business owners who did receive help have exhausted their PPP loan funding by now and need additional financial relief- fast.


However, too many small business owners are not quite aware of what their alternative aid options are.  Well, there are a few monetary resources out there (such as loans) that might be exactly what your business needs to stay afloat during and after COVID. Let’s get started.

Small Business Alternative Options

for Financial Help




Since the PPP is no longer there to help you, perhaps one of these financing options will.

Traditional Bank Loan


This is the most common way small business owners receive extra cash. Traditional bank loans are what most peoples think of first when they need more money. The reality of it is that many business owners apply and are not approved because of their credit scores. Also, receiving a bank loan can take quite a long time to finalize in most cases.

Invoice Financing & Equipment Financing


Both of these financial options are specific to the business’s individual needs. Invoice financing is an option if you are waiting for customers to pay off their owed balance. Equipment financing is helpful if you need to purchase specific equipment, vehicles, or electronics but lack the funds to do so.



Microloans are very small loans (hence the name micro) that start-ups, solopreneurs, and budding small businesses can apply for. Most individuals who apply for a microloan are usually seeking a small amount of funding somewhere between $2,000 – $50,000. The amount varies, but it is normally well below that $50K max.


Get the Money Your Business Needs- Now


Think of Merchant Funding Solutions as your one-stop-shop for all the loan options and financial guidance you need. Not only do we provide 24hr cash advances, but also provide microloans, split funding, equipment leasing loans, and much more.


If you are a small business needing extra cash or loan options, you are not alone, and you have financial professionals on your side ready and waiting to help. Merchant Funding Solutions is


Many small businesses that take out loans experience a major hit from interest expenses, lousy payback options, or unaccommodating terms. That’s why we make our process as to-the-point as possible, and we always keep the well-being of your company in mind. Don’t let the stress of taking out a loan bog you down.


After all, loans should help you, not hurt you. Get a quote today to see how we can help your business.

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