Benworth is a PPP lender, authorized by the Small Business Administration (SBA) and the U.S. Department of the Treasury. Benworth is authorized to borrow at the Federal Reserve Board through the Fed’s discount windows.
Almost immediately after the start of the pandemic, Benworth founder Bernie Navarro stepped up to educate struggling businesses on the CARES Act and the impending legislation that would bring government relief. Through the SBABizHelp and SBAAyuda websites, visitors had access to information from reliable sources on the progress of the legislation and eventually guidelines of the Paycheck Protection Program (PPP) Loan.
To help sole proprietors, independent contractors, and gig economy workers struggling to survive the pandemic, Benworth Capital initiated the journey to become an authorized SBA non-bank lender. Within weeks of its application, small businesses nationwide were able to apply for SBA loans made available through the Paycheck Protection Program (PPP) using Benworth’s SBABizHelp and SBAAyuda websites.
The Benworth Family Office continues to explore strategies to bring credit facilities to small businesses in South Florida and throughout the country.
Participation in funding SBA loans is not currently available to investors. However, as this part of the business grows, we will continue to keep investors informed of opportunities in the small business lending sector.
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