How small businesses are recovering from the pandemic through SBA programs and business financing opportunities.
Businesses with an initial PPP loan can still apply for a second loan. They must use their entire initial advance. Similarly, they must have fewer than 300 employees. Also, they must demonstrate a revenue decrease of 25%
There’s a new COVID stimulus bill in the works for the end of 2020 & the beginning of 2021. As the end of 2020 quickly approaches, Congress is rushing to have a new COVID stimulus bill done to offer aid to small business owners and unemployed individuals. Even though the economy is seeing […]
The small business PPP loan is a hot topic right now among borrowers who are facing financial distress due to COVID. Since the Small Business Administration opened their online form for the Paycheck Protection Program loan a couple of months ago, it has been flooded with applicants seeking financial relief. The Small Business […]
Small businesses are the heartbeat of our nation’s economy, and COVID has made a massive impact on that heartbeat, slowing, and even shutting down (too many) small businesses across the country. However, surviving the pandemic’s economic impact is possible with the help of financial assistance- a merchant cash advance. If you (like […]
The recently finalized deal to provide increased economic relief to small businesses includes $310 billion for the PPP (Paycheck Protection Program). This new federal loan program is allowing qualified banks to offer low-interest loans that can be forgiven at a later time. The deal was finalized after Banks and other affiliated small business industries were overwhelmed by the tremendous amount of applicants, forcing many businesses to be left with nothing to show for there efforts in trying to acquire a loan.
Are you sick of jumping through hoops while trying to get a bank-issued loan only to wait weeks or even months AND still get declined? We’ve already heard from many business owners across the country that were NOT successful in securing a loan either through the SBA Paycheck Protection Program(PPP) or Economic Injury Disaster Loan(EIDL) […]