Key government financial programs & business aid

Find out about possible government financial programs and resource options available for your business.


It’s no secret that businesses have seen their fair share of changes in the last few months. As owners, C-levels and managers adapt, it’s a good idea to find all the available financial support and resources at hand. While Liquid Capital can provide much-needed cash flow, this can also be a supplement to other resources, including government grants.

At this time, both the American and Canadian governments are providing some different funding options for small and medium-sized businesses. Here’s a list of some of the highlights below.

USA: Government financial programs

america money

1. SBA: Small Business Guidance and Loan Resources

The Small Business Administration has by far the most comprehensive funding resources available when it comes to seeking financial assistance due to the coronavirus. With content available in 17 different languages, it includes coronavirus funding options, guidance for businesses and employers, as well as information on local assistance, SBA products and resources, and government contracting.

2. Paycheck Protection Program

The SBA is also offering a Paycheck Protection Program, which provides a loan to be used towards keeping your employees and workers on the payroll. The SBA will also forgive the loan, granted it is used for payroll, rent, mortgage interest or utilities. Applications can be completed directly from the SBA website.

3. Economic Injury Disaster Loan Emergency Advance

The SBA is also offering this program with loan advances up to $10,000 of economic relief for businesses that are currently experiencing temporary loss of revenue. Additionally, they have recently revised the eligibility criteria to include agricultural businesses.

4. U.S. Chamber of Commerce: Coronavirus Small Business Survival Guide

The U.S. Chamber of Commerce has compiled a list of resources to help small businesses throughout these uncertain times. With content available ranging from general coverage, information on the federal government’s coronavirus stimulus legislation, small business loans, how to manage employees as well as remote work

5. USA Government: Finance your business

The United States Government has compiled a list of funding sources that they are backing including links for small business loans and other government funding options for your business. This is part of their Coronavirus Aid, Relief, and Economic Security Act.

Canada: Government financial programs

canada money

1. Regional Relief and Recovery Fund 

Offered by the Government of Canada, the Regional Relief and Recovery Fund (RRRF), gives businesses located outside of metropolitan areas access to additional financial resources. $675 million of the near $1 Billion total of the fund will be allocated to help support regional economies. Applications can be completed directly from one of the Regional Development Agencies listed on the page.

2. Government of Canada COVID Benefits Quiz

The Government of Canada will be offering a variety of financial services during the coronavirus pandemic, ranging from the individual to small and big businesses alike. To navigate which option is best suited to you this quiz will point you in the right direction.

3. Relief measures for Indigenous businesses

Additionally, the Canadian government has set up a specific relief fund for Indigenous businesses, which includes up to $40,000 for small and medium-sized businesses. The capital is divided with $30,000 as an interest-free loan and a non-repayable contribution of $10,000. Consult the contact information on the dedicated page for more insights on the application process.

4. Canada Enterprise Emergency Funding Corporation: Large Employer Emergency Financing Facility

This fund was specifically set up for large Canadian employers who need financial assistance due to the pandemic, and will provide loans upwards of $60 million. The minimum annual revenue requirement is $300 million or more, however, businesses in the financial sector are excluded from applying. The applications should be completed by emailing to register intent. 

5. Canada Mortgage & Housing Corporation: Canada Emergency Commercial Rent Assistance

The CMHC has set up a rent relief program from those who own commercial properties and have small businesses as tenants who have been affected by the coronavirus. Those eligible for the program will be able to acquire forgivable loans if they agree to reduce the rent by 75% for the months of April, May and June, as well as meet operating expenses on commercial properties. Application can be completed directly through the website.

Additional Resources


Better Business Bureau

Although not specifically for funding options, the BBB does offer a range of helpful business tips on navigating the pandemic — plus information on price gouging and scam alerts. Additionally, they offer a COVID-19 toolkit for both Canadian and American businesses.


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At Liquid Capital, we work with clients who operate businesses in a variety of industries and office structures — whether from busy downtown buildings, the manufacturing floor, on-the-go or from their home office space. We’re business people ourselves, and our company is built on a network of locally owned and operated Principal offices. Whenever you’re talking to Liquid Capital, you’re talking directly to your funding source and a fellow business person.

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Dean L Houlzet

Dean L. Houlzet runs Liquid Capital Finance, located in Miami Florida, where he works with small, medium, and emerging middle-market businesses to help them acquire the working capital they need to succeed.

Dean has a Bachelor’s of Science, an MBA in International Business with a focus on Finance, extensive commercial lending training and more than 12 years of experience in the banking industry. Dean began his career as a relationship banker, but later moved into management and business banking, working with well-known institutions such as Regions Bank, JP Morgan Chase and TD Bank. Most recently he worked with Factor Brokers Inc, where he gained extensive experience in alternative financing solutions.

Driven, loyal, and a natural problem-solver, Dean‘s biggest professional satisfaction comes from helping business owners attain their dreams. Dean works in close partnership with clients to help them uncover options for their business and provide expert advice. He is always happy to roll up his sleeves and work side by side with a business owner to help them achieve financial stability and independence.

A resident of Southern Florida for almost 20 years, Dean enjoys cycling, paddle boarding and any activity that takes advantage of the beautiful Florida weather.


Robert Thompson-So

As Liquid Capital’s Chief Strategy Officer since 2013, Robert fills a major organizational role, working within the executive team and with the board of directors to help identify, plan and execute strategic initiatives across various lines of business. These may include capitalization, marketing/sales, structuring, developing new markets, M&A initiatives and more. In the financial services industry since 1992, Robert brings to Liquid Capital a background in capital markets, restructuring, mergers/acquisitions, and investment advisory—all areas that contributed to his interest in alternative investment and financing. As active as his job is, Robert is also driven to stay active in his spare time, working out, playing volleyball and rock climbing.

“I truly believe the alternative financing industry is on the cusp of becoming more the norm than the exception. Banks are re-evaluating their customer service and business models, but we’re already there with a quick and easy process to get businesses the capital they need to grow.”


Mark Coyle

Mark Coyle is the President of Bay Area Liquid Capital, located in Saint Petersburg, Florida, which offers alternative commercial funding for small and medium-sized businesses in the Bay Area. Mark received a BS in General Business from Missouri State University. With over 15 years’ experience in sales and 8 years in consumer packaged goods, Mark understands the challenges faced by business owners. In addition, he sees the Tampa Bay area business network as a significant strength and benefit for his clients. Mark has more than 10 years of experience in business-to-business sales, and prior to opening his Liquid Capital franchise, was the Territory Sales Manager with Altria. By opening Bay Area Liquid Capital, Mark was fulfilling a lifelong dream of owning his own business. He takes a client centered approach to business, always striving to work with his partners and clients face-to-face and viewing them as equally important. Mark is always driven to be a positive supportive member of his community; his ultimate goal is to grow his business to the point that he is able to hire veterans recently leaving MacDill, and help them transition back to civilian life. An active part of his local business community, Mark is a member of the Association for Corporate Growth, the Commercial Finance Association, Business Networkers International and the Greater Tampa Chamber of Commerce.  He believes that his connections to these great financial professional networks and local entrepreneurs are vital to his business as “we’re in it together and understand each other’s challenges.” Mark is an intrepid outdoorsman, who enjoys hunting, fishing, and cycling.  When not working or enjoying the beautiful scenery of Florida, Mark is active participant in local charitable endeavors; he recently participated in fundraisers for the Muscular Dystrophy Association and Southeastern Guide Dogs.

Doug Shaffer

Doug Shaffer

Doug Shaffer runs Liquid Capital Business Funding, located in the Houston metro area, Texas, which works with small and mid-sized businesses to help them access the working capital they need to grow.

With a BS in Chemistry from The Citadel, The Military College of South Carolina and 45 years of experience successfully operating and growing businesses across diverse fields such as high-tech manufacturing, business to business service, and healthcare, Doug has a thorough understanding of what businesses need to be successful. He has created a number of companies with payrolls well in excess of $2 million, and now uses this expertise and knowledge to help small businesses grow by providing realistic, straight-forward solutions, consultation, and working capital when traditional lenders cannot.

Passionate, caring, and focused, Doug is enthusiastic about helping small businesses. He recently worked with a startup that had high growth-rate potential, but no access to working capital. By freeing up the company’s profits that were tied in A/R, he was able to give the business the money it needed to grow within 10 days.

Doug is a member of the Pasadena, TX Chamber of Commerce, the TMA Houston, and the Economic Alliance Houston Port Region. Doug supports numerous missions and community outreach programs through volunteering and fundraising, and likes to spend his leisure time sailboat racing and fly fishing.

Benjy Wolf

Benjy Wolf

Benjamin (Benjy) Wolf is the principal of Liquid Capital Funding, operating out of Boca Raton, Florida, which offers a wide variety of alternative financing products to small and medium sized businesses.

Benjy received his B.S. in Advertising from the University of Florida. For over 30 years he worked for Katz Television as VP Sales Manager, leading a sales team in the state of Florida selling over 150 local television stations to national and regional advertisers. After his career in the corporate world, Benjy wanted to go into business for himself, where he could work with and help small businesses.   And thus, Liquid Capital Funding was formed!

Honest and customer-focused, Benjy is dedicated to helping his clients find creative and individual solutions to fit their working capital needs. When he began working with a distributor, they were having trouble fulfilling the purchase orders they were getting from their customers because they didn’t have the cash to replenish their inventory. Benjy was able to provide a factoring facility that enabled the distributor to purchase the inventory they needed to begin fulfilling their customers’ orders. As a result, they began receive even more and larger orders! Benjy works closely with all his clients, making sure that nothing slips through the cracks and always being accessible to answer their questions and attend to their needs. He likes to say that his clients come for the cash, but stay for the service!

Larry Schaad

Larry Schaad

Larry Schaad is the owner of LFS Capital, Inc. in South Florida, which franchise specializes in providing small to medium sized clients with an array of accounts receivable financing solutions and receivable management services, including credit checks, collections and administration.

Larry is an extremely experienced finance professional having over 20 years in commercial banking and over 10 years in corporate treasury. He decided to leave the corporate finance world in early 2013 and become a small business owner by acquiring LFS Capital, Inc. Liquid Capital is an established international network of finance professionals with over 80 offices throughout North America.

Prior to purchasing LFS Capital, Inc., Larry was Divisional Treasurer at LNR Partners LLC on Miami Beach and Corporate Treasurer with Danka Business Systems plc in St. Petersburg, FL.  Larry’s banking experience began in the early 1980’s with Continental Illinois National Bank and Trust Company and went on to include Bank of America and Raymond James Bank.

While currently residing in Miami, Larry’s work has allowed him to live in Saint Petersburg, FL, London, England, Atlanta, GA, Chicago, IL, and Dallas and Houston, TX. Larry holds a Bachelor of Science Degree in Business Administration from the University of Florida.


Juan Pablo Mondragon

Juan Pablo Mondragon

Believing in honesty, transparency and building trustworthy long-term relationships with clients and other partners.

Juan Pablo Mondragon heads up Liquid Capital Resources based in Austin, Texas, which provides local businesses an alternative financing solution to keep their operations on track and their company growing.

With a Masters in Economics, over 20 years in leading positions at commodities trading companies plus extensive experience in business development, sales, procurement, operations and logistics, Juan Pablo has a 360-degree view of what it takes to run a successful enterprise. As an alternative business finance expert, he believes this is the key to providing unparalleled service to his customers, as he strives to understand their business and meet their needs with integrity.

Valuing fellow business owners who rely on trustworthy partners who are transparent in all their business dealings, Juan Pablo works diligently to provide the right funding solutions to business owners through a suite of products including accounts receivable financing (factoring), equipment leasing, purchase order financing and inventory financing. Aside from financial and funding assistance, Juan Pablo believes in providing business mentorship wherever possible and being a partner that can offer exceptional value to his clients.

Juan Pablo has seen the first-hand impact of how a lack of working capital can roadblock an otherwise successful business. In these situations, he has stepped in and provided a better solution, in particular when clients have had challenges accessing funding through traditional banks and lending institutions. Liquid Capital Resources has been able to rejuvenate their clients’ businesses so these companies no longer have to turn down a lucrative deal, miss payroll or not fulfill an order. And through a commitment to business best practices, Liquid Capital Resources has multiplied their own operations in just a few years, with aggressive plans for continued growth to serve their Texas community.

As a member of many local associations including The Marketplace, The Greater Austin Hispanic Chamber of Commerce and Asociación de Empresarios Mexicanos, Juan Pablo sees the connection with talented and passionate local business owners as a great strength to his business.

Ron Edinger

Ron Edinger

Today Liquid Capital Southwest is run by Ron Edinger, CEO and owner, Marty Bartlett, Executive Vice President and one of their major funding participants and Patty Ibarra, Director of Operations. Together they provide creative and flexible financing solutions to assist businesses of all sizes with their working capital needs. In addition, Ron Edinger earned an MBA and a Master’s degree in Economics from Columbia University. He began his career at McKinsey & Company, developing financial strategies for Fortune 500 clients. Ron has held top management positions in biotechnology and high technology companies in Silicon Valley, where he raised over $600mm in public offerings and venture capital. As CFO of one of the first biotech companies, Ron led the team that oversaw what was, at the time, the largest initial public offering in the history of the stock market. Ron started one of the first asset-based lending companies in Central America, and in his over 40 years in business has also owned and operated small businesses.

In addition, Ron is a Vietnam veteran and served as a Captain commanding a combat unit.


Dennis Custage

Dennis M. Custage provides working capital to small and mid-size companies as a principal in the Liquid Capital System.

After an extensive career as a senior executive with Fortune 500 companies, he finds great satisfaction working with entrepreneurs to support their growth, often sharing business advice with clients. Dennis has managed regional and worldwide operations for Xerox, Nortel Networks, Ryder System, Inc., National Car Rental and Alamo Rent a Car. In those roles he has led companies through transition periods with a good balance of financial, marketing, and organizational skills honed over a 30-year career in the U.S, Latin America, Europe, and the Middle East, with some experience in India, China, Japan and Australia. He holds a Corporate Finance degree from Wharton and is fluent in Spanish with a working knowledge of Portuguese.

A key reason to contact Liquid Capital is your ability to tap into Dennis’ experience that has been recognized by his being named as a member of the South Florida Business Journal’s Leadership Trust.