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WaFd Bank – including all 31 WaFd Bank branches across Arizona – is offering small business lines of credit up to $200,000 interest free for 90 days to businesses affected by coronavirus (COVID-19).
WaFd Bank is committing up to $100 million in lines of credit to help the business community weather this financial disruption. The Bank will expedite processing for lines of credit up to $30,000 to both existing and new credit worthy clients in their regional market who have been in operation for at least two years and can show a 10% loss in revenue due to the impact of coronavirus.
– Mike Brown, WaFd Bank Arizona