Chase today further outlined specifics for businesses impacted by
Superstorm Sandy to take advantage of the company’s commitment to lend
up to $5 billion in additional capital. They include:
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Any business impacted by Superstorm Sandy can apply for expedited
credit by calling 1-800-CHASE38 (1-800-242-7338), visiting a Chase
branch, or contacting their banker
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Special pricing and benefits may be available to qualifying businesses
applying by January 31, 2013
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Lending is part of overall support including $5 million in charitable
support, waived fees, extended services
In the past two weeks, Chase Business Bankers have called nearly 90,000
customers in the storm’s path to inquire about their well-being and ask
how Chase can help.
“We realize many business owners may still be assessing Sandy’s impact
on their operations, and our message is that we’re here to help,” said
Scott Geller, CEO of Chase Business Banking.
The $5 billion capital commitment to small and mid-sized businesses is
on top of ongoing business lending at Chase. In the first three quarters
of 2012, Chase extended $15 billion of credit nationally to businesses
with under $20 million in annual revenue. As the leading SBA lender in
the northeast and the nation, Chase works closely with the U.S. Small
Business Administration on disaster recovery and other programs.
About Chase
Chase is the U.S. consumer and commercial banking business of JPMorgan
Chase & Co. (NYSE: JPM), a leading global financial services firm with
assets of $2.3 trillion and operations in more than 60 countries. Chase
serves more than 50 million consumers and 4 million small businesses
through more than 5,500 bank branches, 17,500 ATMs, credit cards,
mortgage offices, and online and mobile banking as well as through
relationships with auto dealerships. More information about Chase is
available at www.chase.com
and @ChaseNews.
