CIC COVID-19 Emergency Loan Success Story!
In mid-March, as our country was facing the unprecedented reality of rapid closure to ensure public safety the Community Investment Corporation loan team understood exactly what that meant for small businesses, revenue loss that could potentially lead to permanent closure.
Within days the CIC team developed the COVID-19 Emergency Microloan product and began offering access to two community-backed loan products, one from Kiva Tucson and one from Wefunder, each designed to bridge small businesses through the unknown future.
In addition, CIC invested $200,000 of our loan portfolio to support these small businesses either for the $10,000 microloan product or the help businesses reach a time-sensitive community-backed loan goal.
Eclipse Clinical Research received a CIC COVID-19 Emergency Microloan and we are thrilled to have had this offering make all the difference to the business.
Eclipse Clinical Research
"We are forever grateful to CIC for helping during these unprecedented times. Thanks to CIC we were able to pay all of our employees while waiting for PPP and EIDL loans to process. I'd like to send a special thank you to Brian from the Loan Team who was wonderful to work with and kept us updated through every step of the process" Felice Anderson, President
About Eclipse Clinical Research:
About Eclipse Clinical Research:
Every medication and device available in the United States must go through clinical trials to prove safety and efficacy to obtain FDA approval before it can be marketed. Eclipse Clinical Research partners with research and development companies in the US and around the world to evaluate the safety and effectiveness of these medications and devices.
Eclipse Clinical Research supports our community by participating in multiple events and fundraisers annually. Additionally, they offer training opportunities to high school and college student interns in the fields of nursing, medical assisting, and clinical research coordinating.
Eclipse’s business is health and safety. While clinical studies have been put on hold because of the pandemic, Eclipse immediately responded to take care of their invaluable employees and prepare for the health and safety of clients and employees when studies resume.
LEARN MORE ABOUT ECLIPSE CLINICAL RESEARCH:
“I’d like to send a special thank you to Brian from the Loan Team who was wonderful to work with and kept us updated through every step of the process”
