Coronavirus: Ways to get financial support

Introduction

If you or a loved one has been affected by Covid-19, you may be wondering where you can find financial help during Coronavirus. There are several options, including government relief packages and stimulus checks, and these options are a great way to ensure your family’s continued health and safety.

Small business owners have suffered greatly because of the effects of the coronavirus pandemic. Many have been forced to shut their doors or adjust their operations to make ends meet. While you don’t want to do that, there are ways you can get financial help if you need it. There are grants for small businesses and disaster relief programs offered by many credit card companies. 

Many methods can be used to find financial aid for Coronavirus. Here are a few that may be useful to people in need:

• Crowdfunding

There are crowdfunding sites where you can raise funds from friends and family to help small businesses survive the COVID-19 pandemic. These websites focus on charitable donations but may be of great help to small businesses struggling with the effects of the virus. You may even be able to get rental assistance through the website. Remember that the federal eviction ban does not apply to all states.

• Charitable crowdfunding

The International Rescue Committee and Mercy Corps are two organizations actively working to provide food and shelter to victims of the virus. Oxfam and Covenant House are two organizations helping to build handwashing facilities and provide assistance to vulnerable families. Feeding America is another organization with hundreds of food banks across the country and has distributed over 150 million meals since March.

• Existing and new programs

The COVID-19 Solidarity Response Fund supports the development of vaccines and other medical supplies and protective equipment for healthcare workers. The First Responders Children’s Foundation helps first responder families who have been affected by the outbreak. These organizations have also partnered with other local government and nonprofit organizations to help local businesses. These agencies also provide mental health support and other resources to small businesses in need.

• NGOs and Charities

Many charities are dedicated to helping individuals and businesses affected by the COVID-19 pandemic. Some organizations help local small businesses, and the Small Business Relief Initiative offers $500 grants for individuals and businesses who need it most. The United Way uses the Covid-19 Community Response and Recovery Fund to provide assistance and services worldwide. For more information, visit the official website of the International Association for Suicide Prevention.

• Credit card company

Check with your credit card company to see if you can get financial assistance. If you have short-term disability insurance, you may be able to get the money you need to pay for medical treatment.

• Small Business Relief Fund

Small businesses can apply for a small business relief grant to help them with their expenses. You can also apply for a matching grant from the Small Business Relief Fund. This program is offered by the State Chamber of Commerce and is open to all businesses. If your small business is affected by the Coronavirus, the state government has created a special fund to support it. It is also a great place to advertise your need for financial help.

• Donations 

While you can’t always find financial aid, you can support nonprofits to provide medical supplies to those in need. For example, the CDC Foundation created a campaign called Crush COVID, which targets front-line workers and is focused on health equity. You can also donate directly to Operation BBQ Relief, which provides hot meals for disaster survivors. Finally, there are numerous organizations raising funds for medical supplies and services.

• Internal Revenue Service 

A special disaster relief program is offered by the Internal Revenue Service for small businesses. The SBA provides loans to nonprofits and small businesses. However, you must be a U.S. citizen or a national of the United States. Affected individuals and small businesses should apply for this grant to receive financial aid.

Conclusion

There are many ways to find financial aid if you are in need, and volunteering your time is a great way to help a community. Just remember that asking for help is never easy, so don’t be embarrassed about asking for it. However, you’ll be surprised at the impact crowdfunding can have on COVID-19 victims.

If you’re financially secure, crowdfunding is an excellent option. People love to lend a hand in times of need, and you can use an online campaign to raise money for bills and other costs. You can also consider offering to help your neighbors who have fallen victim to the Coronavirus. 

A leading AI-tech company, ONPASSIVE, has developed an online crowdfunding platform called O-Bless, designed to connect causes with the right people to support them. Launch a fundraising campaign at O-Bless, to raise funds to cover the costs of medical care for Coronavirus victims.