One of the most popular financing sources for small businesses in the US is securing an SBA loan. In fact, during the fiscal year 2022, the SBA approved over $43 billion in annual small business funding. However, these loans are known for their stringent eligibility criteria, and the challenges in loan qualification requirements make it… Read more »
For small business owners hit hard by the Coronavirus (COVID-19) Pandemic, the CARES Act offers several programs to offset the negative economic impact with Payment Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) being two of the most important. Learn about the two, how to apply, and the loan forgiveness rules for each.
If the COVID-19 pandemic hurt your sales, seeking small business loans during coronavirus can help you cover bills. Here’s what to expect when you apply.