OUR IMPACT

Clients and Businesses

employees

How We’re Helping Our Clients and Businesses

We’ve always been committed to helping support the diverse financial needs of our corporate and institutional clients, as well as our small business customers. Throughout history, we’ve been there to provide loans, capital and liquidity — in good times and bad.

 

Corporate and Institutional Clients

We’re taking significant action to support businesses of all sizes, and state and local governments, during this current crisis. That includes extending credit for working capital and general corporate purposes, waiving and refunding fees for many clients in need, servicing clients with additional credit through revolving facilities and more.

The CARES Act

The Coronavirus Aid Relief and Economic Security (CARES) Act was signed into law on March 27, 2020, providing $2.2 trillion in emergency assistance for individuals and businesses in the U.S. affected by COVID-19. The CARES Act includes:

Small businesses: The Small Business Administration (SBA) Paycheck Protection Program

Mid-size businesses: Federal Reserve programs and facilities supported by Treasury loans, loan guarantees and investments

Air carrier, air cargo or essential security services: Direct loans and loan guarantees from Treasury

Healthcare providers: Reimbursements for necessary healthcare-related expenses or lost revenues because of COVID-19

Municipalities, states and other eligible businesses: Federal Reserve programs and facilities supported by Treasury loans, loan guarantees and investments

Visit jpmorgan.com/covid-19 to learn about the CARES Act and the resources, updates on lending assistance, analysis and insights we’re providing to help our corporate and institutional clients manage the impact of COVID-19.

Small Business Customers

For many small businesses, cash flow and access to capital are vital to their short- and long-term success. JPMorgan Chase Institute research shows that 50 percent of small businesses have less than 15 cash buffer days, meaning the small business economy could be significantly disrupted by the current climate.

 

We're Here to Help

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Philanthropic support

We’re deploying millions of dollars to support vulnerable and underserved small businesses in the U.S. and around the world through our community partners.

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SBA Paycheck Protection Program

We’re helping to implement the SBA’s program designed to provide small businesses access to capital for payroll and other overhead costs.

Direct Support

Chase checking, savings, credit card, auto and home loan customers

We’re available to help
 www.chase.com/StayConnected

Chase small business customers

Tap into resources – from webcasts to how-to stories – to help you navigate today’s business environment
recovery.chase.com/contingency-plan

J.P. Morgan corporate and institutional clients

Explore resources, research and insights to help your business manage the impact of COVID-19
jpmorgan.com/covid-19

Keeping You Informed

Review our latest news, insights and information on COVID-19 and how to navigate through economic uncertainty.