A community navigator model is a strategy used by traditional organizations to reach customers that are generally overlooked. In the case of the SBA, this means connecting with entrepreneurs in underserved segments of the community. Read on to learn whether the SBA’s Community Navigator Program can help prepare your business for better funding opportunities.
The Restaurant Revitalization Fund grant program isn’t open yet. It should be noted that, as of March 22, 2021, the similar SVO grant program still has yet to launch. Nor is there currently a formal data upon which either program will open. This will no doubt be frustrating for restaurants that are hanging on by a thread.
Chargebacks can potentially turn the convenience of card-based transactions into an expensive hassle. If chargebacks having been eating into your profits, you’ll want to find a cost-effective solution that’s suited to your transaction volume and budget. Luckily, solutions are available at scale.
While many of the same qualifications apply to sole proprietors and self-employed as larger businesses, there are specific provisions for individuals who are the entirety of their company and do not compensate themselves through payroll.
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.
The new stimulus package includes special PPP loan rules for restaurants. Learn what you could get from the PPP if you own a restaurant.
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.
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.
Wondering about EIDL grants for round two? Read on for everything we know so far about what to expect for EIDL grants and advances in 2021.