Do you or someone you know own a business in Texas?
Odds are you were affected by the recent weather in some way or another. Amongst chaos it can be hard to find answers or help when you need it most. Fortunately, hundreds of thousands are reaching out to help residents and businesses alike and we went ahead and organized all the information we could find to help small business owners during this time.
Texan Small Business Owners have a few options of where to turn for relief after this unexpected weather mishap. The State of Texas, the Small Business Administration and even looking at your own insurance are all viable options for those who need some small relief during this time. Here is a breakdown of some options for you to turn to.
Small Business Loans
The Small Business Administration (SBA) is currently offering low interest federal disaster loans to 77 counties* in Texas to help with relief for the February snowstorm. Business will be charged at the low rate of 3% and the SBA is accepting applications now. Find more info and sign up here. Also, SBA is offering disaster loans for personal property like homes and even an option for renters during this time.
Storage Solutions for Valuables or Merchandise
If your business is in physical peril and you need to move your merchandise, computers and other important items to protect them from harm, Uhaul is offering storage for 30 days for all Texas residents at this time. You can find Uhaul’s disaster relief info here.
Crowdsource rescue has been a staple in helping Americans recover through natural disasters since Hurricane Harvey in 2017. They are a crowdsourcing website that recruits volunteers to help others sometimes as a neighbor getting groceries for the elderly or providing shelter or food. Crowdsource Rescue has options for anyone in need from residents to small businesses to help find food, running water, or have volunteers who are offering their plumbing and other skills through this crisis. If your business needs any kind of aid that could come from a neighbor check out the map here.
Many people during natural disasters look to their home insurance to file specific claims with pipes or roof damages, but your small business insurance can have addendums for you too. This type of claim is called business interruption insurance. Not all small business insurers carry this and you will have to check with your insurer to see if you are covered. Even if you do not have business interruption service see if you can be eligible for revenue loss protection. To check out common storm insurance claims and how to file click here.
Small businesses and residents in Texas are not alone in this fight. Each day there are new revelations in aid for those affected by the snowstorm. For more information as a business owner or a Texas resident, you can check out the Dallas/Fort Worth Toolkit, which has lots of great resources for residents looking for relief.
*The 77 Texan counties are: Angelina, Aransas, Bastrop, Bee, Bell, Bexar, Blanco, Brazoria, Brazos, Brown, Burleson, Caldwell, Calhoun, Cameron, Chambers, Collin, Comal, Comanche, Cooke, Coryell, Dallas, Denton, DeWitt, Ellis, Falls, Fort Bend, Galveston, Gillespie, Grimes, Guadalupe, Hardin, Harris, Hays, Henderson, Hidalgo, Hood, Jasper, Jefferson, Johnson, Kaufman, Kendall, Lavaca, Liberty, Madison, Matagorda, Maverick, McLennan, Montague, Montgomery, Nacogdoches, Nueces, Orange, Palo Pinto, Panola, Parker, Polk, Rockwall, Sabine, San Jacinto, San Patricio, Scurry, Shelby, Smith, Stephens, Tarrant, Travis, Tyler, Upshur, Van Zandt, Victoria, Walker, Waller, Wharton, Wichita, Williamson, Wilson and Wise.