Disaster Relief Loan Program
Frost is committed to helping businesses impacted by disasters recover and rebuild as quickly as possible. We understand that this is a challenging time and are offering two options to give you immediate access to funds:
- Disaster Relief Bridge Loan provides immediate cash flow while you wait to receive insurance proceeds.
- Disaster Relief Term Loan provides immediate cash flow for losses not fully covered by insurance.
Business disaster relief bridge loan
When disaster hits, get the help you need to finance the timing difference between your insurance claim and receipt of insurance proceeds. Frost’s Business Disaster Relief Bridge Loan provides financing to repair or replace your business’s disaster-damaged property, inventory, supplies, machinery and equipment.
Loan amount
- $5,000 – $150,000
Annual Percentage Rate (APR)
- Fixed WSJ Prime - 1.00%
Payments
- Principal and interest due at maturity
Terms
- 24 months
- Primary source of repayment will be collection of insurance proceeds
Other details
- No loan processing fee
- All loans subject to credit approval
Application requirements
Business disaster relief term loan
When disaster hits, get the help you need so you can get back to managing your business. Frost’s Business Disaster Relief Term Loan provides financing to repair or replace your business’s disaster-damaged property, inventory, supplies, machinery, equipment and to purchase real estate.
Loan amount
- $5,000 – $500,000
Annual Percentage Rate (APR)
- Floating WSJ prime - 0.25%
Payments
- Monthly
Terms
- 12 months interest-only period (interest due monthly) followed by a 48-month term feature (Principal & Interest due monthly)
Other details
- No loan processing fee
- All loans subject to credit approval
Application requirements
Get help with a personal disaster relief loan
When disaster hits home, get relief during repairs with predictable monthly payments at a low rate.
Let's talk about what your business needs
We're here to listen and help find the right loan to support your recovery and future plans.
Call us at (800) 513-7678.