South Porte Bank is currently formulating our program offering to help our customers deal with the economic impact of the pandemic. We expect to have all the details finalized once the current economic relief bill is signed into law. Indications are that will be complete by April 1.
We anticipate offering payment relief options for all loan types, and a menu of government funding programs available for borrowers who qualify.
If you expect to seek payment relief or funding through any relief program, please ensure that you do not fall 30 days or more past due on any debt you may have, as many programs require a borrower seeking help to be current on their payments at the time of making such a request. Please contact us immediately if you believe you may fall 30 days past due on any loan in the next 15 days.
As always, we appreciate your business and look forward to the closure of this difficult time.