Small businesses in Lorain County, Ohio that have been impacted by coronavirus can now apply for emergency financial relief grants through the Lorain County Chamber… Read more
In the past month, the Florida Department of Economic Opportunity (DEO) has approved over 1,000 short-term, interest-free small business bridge loans – amounting to more… Read more
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Small towns across the U.S. are working hard to help businesses stay afloat. Fortuna, California recently approved a new program to help local business owners… Read more
In a joint effort to distribute emergency financial relief to Americans in need, the U.S. Treasury and IRS are launching the Get My Payment web… Read more
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Tomorrow, U.S. senators will vote on whether or not to pump even more funds into the SBA. With unemployment claims hitting all-time highs, many government… Read more
Another 6.6 million Americans claimed unemployment last week. That’s roughly double the number of claims the week prior, which had eclipsed the previous record of… Read more
After a mere number of days after the launch of the Paycheck Protection Program, Wells Fargo – one of the nation’s largest lending institutions –… Read more
An analysis conducted for The Wall Street Journal has found that the United States’ entire economic output has fallen by approximately 29% since the beginning… Read more
Small businesses in the USA can now gain free access to their Experian business credit report until May 1, 2020. Get free access to your… Read more
An analysis released by IHS Markit projects that the steepest coronavirus-related declines in employment rates will be in states like Nevada (estimated -9.8%) and Florida… Read more
The new Paycheck Protection Program – set to launch tomorrow – has already gained massive amounts of attention from business owners nationwide. In preparation of… Read more
Along with banks and Several other federally insured insitutions, the new SBA Paycheck Protection Program is working hand-in-hand with alternative lenders to quickly and efficiently… Read more
“We have a lot of money now that we’re deploying,” U.S. Secretary of Treasury Steven Mnuchin said yesterday. “Our number one job at Treasury right… Read more
Under the CARES Act, $350 billion is designated for a new Paycheck Protection Program. The new SBA-led program is designed to help businesses retain employees… Read more
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American business owners affected by the coronavirus outbreak can take a deep breath after receiving some warmly-welcomed news this week.
The U.S. government has authorized… Read more
Included in the new $2 trillion emergency federal aid package to combat coronavirus is a restructuring of SBA loans to make them even more helpful… Read more
This past Friday, Congress signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Among several other notable changes, the CARES Act… Read more
In just 7 days, 3.3 million Americans filed claims for unemployment – more than 1% of the entire population. That’s a new record, capping the… Read more
Top Trump Administration officials and Senators from both sides of the aisle were able to come together on March 24, 2020 and pass the proposed… Read more
Small businesses all across the United States are facing an unprecedented period of economic crisis. The coronavirus outbreak hasn’t just dealt business owners a bad… Read more
A new survey issued by the National Federation of Indepent Business finds that 75% small businesses in the United States have taken damage since… Read more
Earlier this week, the Australian government announced a new coordinated effort “to support the flow of credit in the Australian economy, in particular for… Read more
Private banks are now stepping up to play their part in relieving the financial pressures that small businesses now face as a result of the… Read more
“We’re fiddling here — fiddling with the emotions of the American people, fiddling with the markets, fiddling with our healthcare,” Senate Majority Leader Mitch McConnell… Read more
