Still Need Cash for Your Business? The Economic Injury Disaster Loan (EIDL) is Back
The SBA has once again opened up its Economic Injury Disaster Loan (EIDL) grant and loan program to non-agricultural companies. This means that small businesses, self employed, and independent contractors in business on January 31, 2020 are eligible to receive a $1,000 grant per employee (up to $10,000) which does not have to be […]
#560 Former Head of SBA Shares an Inside Look into Small Business Lending
On this episode of The Small Business Radio Show…
SEGMENT 1, starting at 0:00: The Head Administrator at the Small Business Administration has the opportunity to have an impact on so many small business owners. Here joining us for an inside look is the former Head Administrator for the US Small Business Administration, Karen Mills.
SEGMENT […]
Great Business Minds Think Alike
I have liked the emphasis that President Obama has put on the need for small businesses to recover to help the economy. But somehow, the President’s proposals don’t seem to trickle down to benefit small business owners. Most business owners agree.
Finally, SBA’s ARC To Bail Out Small Business This Week
Finally, the SBA will begin accepting applications through existing 7A bank lenders this week for their long anticipated ARC Loan Program. They are 100% guaranteed by the SBA. The description of the program according to the SBA:
“ARC loans will be up to $35,000 and available to established, viable, for-profit small businesses suffering “immediate financial hardship” in […]