By Users UK

Main Menu

  • Home
  • Gross Income
  • Plaza Agreement
  • Official Settlements Balance
  • Capital Abundant
  • Accounts

By Users UK

Header Banner

By Users UK

  • Home
  • Gross Income
  • Plaza Agreement
  • Official Settlements Balance
  • Capital Abundant
  • Accounts
Accounts
Home›Accounts›Royal Caribbean Group’s $ 40 million loan program open for applications

Royal Caribbean Group’s $ 40 million loan program open for applications

By Daniel Bingham
March 23, 2021
0
0

Royal Caribbean Group‘s (RCL) “Pay nextThe $ 40 million travel counselor program is now open for applications. Just before the holidays, RCL announced the program, which would make up to $ 250,000 available per branch in three-year interest-free commercial loans, depending on their circumstances.

Now the company has shared more light on what advisors can expect.

As part of the second phase of RCL cares (a program created to help travel professionals to we, Puerto Rico and US territories facing the negative impact of the pandemic), Royal Caribbean Group has launched a dedicated platform where owners of eligible travel agencies can apply for financial support from Royal Caribbean. Travel partners can submit loan requests on this site accessible via CruisingPower.com. The site provides additional information and everything advisers need to know, including additional details about the program and eligibility settings.

To be eligible, you must:

  1. The applicant must be the owner or an authorized representative of the travel agency
  2. Agency commission income with Royal Caribbean Group was at least $ 4,000 for bookings made between July and December 2019 (these minimums and eligibility requirements may vary by state)

Note: Travel agencies from California, North Dakota, South Dakota, Vermont and Washington DC are currently not eligible to apply, but RCL says it is working to expand availability at these locations.

“COVID-19[female[feminineThe effects of on the travel partners’ businesses have been debilitating, and we want to do what we can to help them rebuild and recover, ”RCL said in a statement.

Moreover, in light of the Small business management the reopening of Paycheque Protection Program (PPP) To make additional federal funding available to small businesses, Royal Caribbean Group has partnered with ACAP + The Loan Source to help facilitate PPP requests from travel counselors. ACAP + The Loan Source specializes in facilitating the PPP loan application and remission processes. Travel partners can start their PPP loan application here with ACAP + The Loan Source at any time.

Related stories

World Travel Holdings unveils stimulus package for franchise owners

Alaskan Dream Cruises talks Alaska and the Backs Jones exemption

Leisure and hospitality account for 39% of jobs lost due to a pandemic

Royal Caribbean Group sells Azamara to private equity firm

Related posts:

  1. Residence flip with straightforward cash from lenders hits scorching US market
  2. Low-income house loans and mortgages
  3. Common Stainless Declares Amended and Up to date Nasdaq Credit score Settlement: USAP
  4. Common Stainless Declares Resignation of Christopher T. Scanlon as Vice President of Finance, Chief Monetary Officer and Treasurer
Tagssmall business

Recent Posts

  • Tisha B’Av at the Wailing Wall to test Lapid’s seriousness about religious pluralism
  • 9 Geniuses Who Aren’t That Smart, Actually
  • Triple Five’s American Dream Mall misses $9 million interest payment
  • CBRE sells 86-unit apartment community in Ogden
  • Nittany Mall Casino License Decision Likely Still Months Away

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • March 2021

Categories

  • Accounts
  • Capital Abundant
  • Gross Income
  • Official Settlements Balance
  • Plaza Agreement

Recent Posts

  • Tisha B’Av at the Wailing Wall to test Lapid’s seriousness about religious pluralism
  • 9 Geniuses Who Aren’t That Smart, Actually
  • Triple Five’s American Dream Mall misses $9 million interest payment
  • CBRE sells 86-unit apartment community in Ogden
  • Nittany Mall Casino License Decision Likely Still Months Away

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • March 2021

Categories

  • Accounts
  • Capital Abundant
  • Gross Income
  • Official Settlements Balance
  • Plaza Agreement
  • TERMS AND CONDITIONS
  • Privacy Policy