From federal relief funds to local grants and even crowdfunding, small businesses struggling during the pandemic have been offered a plethora of new resources to keep them going. That doesn’t mean it’s been enough, of course, with the ongoing pandemic prolonging this recession.

One local micro-loan program hopes to further alleviate entrepreneurs’ financial challenges.

Univest Bank and Trust Co’s. Micro-Loan Program was designed to help local small businesses that are struggling due to the pandemic. The Souderton-based bank teamed with Bryn Mawr Trust Company, Customer’s Bank, OceanFirst Bank and WSFS Bank to commit $650,000 to fund the program, which offers 10-year, low-interest loan amounts ranging from $3,000 to $25,000.

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