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Own A California Business Impacted By Wildfires? Federal Disaster Relief Funds Are Available

In light of the devastating blow wildfires have dealt Northern California in 2020, the SBA is opening up its disaster relief programs for impacted businesses. Businesses within the eight impacted counties are eligible to receive federal funding of up to $2 million, per the SBA’s fact sheet. Should a business receive funds through the SBA, it can use the cash to “repair or replace disaster-damaged property.” Read on for more information.

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Sep 1, 2020 Filed under: Business Loans, News 0

Half Of Small Businesses Near Closure, Plus B2B Digital Payments On The Rise: Mastercard Survey

Sobering numbers came out this week via a Mastercard survey, which indicates that 38% of respondents in the US and Canada are seeing cash flow problems due to COVID-19. If their numbers don’t pick up, these businesses will be left in a lurch — nearly half (48%) of the surveyed owners said their business is just one missed payment away from closure.

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Aug 26, 2020 Filed under: News, Small Business 0
pivot to ecommerce

Small Businesses See Success With eCommerce Pivot

When small businesses shut down in early March as a response to the threat of the novel coronavirus, a new normal began to emerge from the changing landscape. Now, midway through August, questions about the future still linger, but business owners are no longer thinking about short-term solutions. COVID is here to stay, additional government support is in limbo, and if a small business is going to survive, it needs to embrace the eCommerce pivot, specifically.

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Aug 14, 2020 Filed under: eCommerce, News 0

6 Need-To-Know Buy Now, Pay Later Statistics For Small Businesses

Buying something now but paying for it later has always been a tantalizing concept. But the idea is gaining even more steam now thanks to current events. Traditionally, people turned to credit cards when they didn’t have the cash on hand to afford a purchase. Today’s consumer is increasingly wary of credit card debt, however, and interest in other avenues has grown. Not surprisingly, a bevy of buy now, pay later (BNPL) services have sprung into action to meet the need.

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Aug 12, 2020 Filed under: News, Small Business 0

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