Community is one of those words that sounds like it has an obvious meaning, but in practice can mean a lot of different things. In the case of qualifying for an EIDL grant, what the SBA is talking about is your census tract. Depending on how populated your area is, there may be many census tracts within your municipality or very few. As it turns out, there are slightly different measures for businesses that are located in rural areas as opposed to metropolitan ones.
With Round 2 of the Paycheck Protection Program (PPP) ready to kick-off the second week of January for community-based lenders, businesses may be wondering where they should go to apply for a first or second draw PPP loan. For many businesses, the most natural place to apply will be their bank. Read on for a list of the top banks with which to apply for a second round PPP loan.
To help shuttered live event venues stay in business long enough to return once the pandemic is over, Congress has approved a new grant program specifically targeted at businesses that host entertainment, both live and recorded.
Guidance for the new and improved program was released January 6, 2021, with the program expected to be online by January 21. With thousands of small businesses under unprecedented stress, you can expect demand for these programs will be extremely high.
While Braintree is fully integrated into the PayPal ecosystem, it does still have some unique properties that distinguish it from PayPal’s flagship service. Different types of businesses are likely to benefit more from one than the other.
Merchant Maverick has found that the four best services offering the best credit repair merchant accounts are PaymentCloud, Soar Payments, Instabill, and eMerchantBroker.
Credit scores are a frequent roadblock for businesses when it comes to looking for financing in general, and equipment financing is no exception. Whether you’re concerned that you won’t qualify, or you just want to avoid hard pulls on your credit, you may be wondering if you can get equipment financing with no credit check.
Pitching competitions can be a great way to get your foot into the door to the investment world. You’ll have a captive audience and the opportunity to make connections that can aid your business endeavors far into the future. And with most of the world locked down in the pandemic, you might even be able to do it from the comfort of your own home or office.
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