Coronavirus (COVID-19) Guides & Resources
How To Survive Despite Retail & eCommerce Supply Chain Shortages in 2021
In this article, we’re going to look at the supply chain and how it’s important to more than just big businesses. By understanding your supply chain, how it works, and how to mitigate risk, you’ll be better prepared for the future, whatever it may bring.
SBA Loans: Current Interest Rates For October 2021
The Small Business Administration (SBA) provides a number of loan programs designed to help small businesses grow. SBA loans are known for having some of the lowest interest rates available. We’ll explain the rates for three of the SBA’s most popular loan programs: 7(a) Loans (business loans for most general business purposes), CDC/504 Loans (business loans to finance real estate and other fixed assets), and Disaster Loans (loans to rebuild following a disaster).
New EIDL Grants: How To Tell If Your Business Is In A Low Income Community
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.
How To File A Business Tax Extension In 2021
Thanks to the pandemic, every business owner has extra stress this year. Thankfully, the government is easing some of that stress by extending the April 15 annual tax return filing deadline. Here is our quick guide to finding the business tax extension form and everything you need to know to file correctly.
Don’t Want (Or Were Denied) An EIDL Or PPP Loan? Here Are Your Best Small Business Loan Alternatives
The PPP and EIDL programs have distributed a massive amount of funding to struggling businesses in the wake of the coronavirus pandemic. However, many businesses have been unable to secure funding from these programs despite applying when directed and meeting all the relevant qualifications. Whatever the reason, there are business owners out there in need of funding that have not been served by the PPP or EIDL programs. That’s why we’ve set out to highlight other lending options — both public and private — that are currently available to small businesses.
Paycheck Protection Program (PPP) Loan Guide For Sole Proprietors [Updated For PPP2]
With Round 2 of the Paycheck Protection Program (PPP) looking to be about ready to begin, businesses that missed the first round will have a second chance to take advantage of the popular relief package. If you’re an individual with self-employment income, you can qualify for a PPP Loan if you meet certain criteria.
COVID Relief: Can My Small Business Get Multiple EIDL Loans?
Can your small business get multiple EIDL loans? Can you increase your EIDL size? Find out if it’s possible to get more relief funding from the EIDL program.
2021 Targeted EIDL Advance Grant: How It Works & How To Qualify
EIDL disaster loans are an existing SBA disaster loan program, but the US government has recently expanded the program, opening it up to virtually any small business, and added forgivable advances on EIDL loans. The advances, in particular, have gained a lot of interest from small business owners, as these advances do not need to be repaid.
When Will My Paycheck Protection Program (PPP) Loan Be Funded?
Different lenders have different policies, some businesses may face delays, and not every loan timeline will be identical. However, we’ve looked at lender policies, SBA guidelines, and comments and complaints from business owners to help determine the timeline for PPP loans, from the time you submit your application to loan disbursal.