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SBA EIDL Loans & Targeted EIDL Advance: Your Questions Answered
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The economic impact of the COVID-19 pandemic has been harsh, particularly on small businesses. Fortunately, there have been a number of loan and grant programs open to small business owners to offer financial help during these tough times, one being EIDL.
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How To Determine If Your EIDL Loan Is Forgivable
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In response to the woes facing the economy, the US government has allocated funds to help support businesses throughout the country. Read through for the full details on how you can receive forgiveness on your EIDL emergency advance.
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SBA EIDL Funding Timeline: What To Expect During Application, Approval, & Processing
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The SBA’s COVID-19 EIDL portal closed on May 16, 2022, and is no longer accepting applications, requests for increases, reconsideration, and appeals due to a lack of any more available funding.
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How To Check The Status Of Your SBA Economic Injury Disaster Loan (EIDL) Application
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Many small business owners facing financial challenges have applied for the EIDL program. As with other SBA loans, the EIDL program isn’t exactly the fastest source of funding. The addition of the CARES Act and expedited processing of loans has made it possible to receive funds faster than ever, but many business owners are still in the dark about when funding will come through.
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2021 Targeted EIDL Advance Grant: What Does Your Small Business Need To Know Now?
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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.
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How To Start A Delivery Business In 9 Easy, Hassle-Free Steps
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Owning a delivery business is a great opportunity for many entrepreneurs. Depending on the niche you plan to serve, you can start your own business with just one vehicle and no employees. What’s more, you can quickly scale your delivery business as demand increases.
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SBA Loans: Current Interest Rates For May 2022
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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).
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6 Best Third-Party Delivery Services For Food & Drink In 2022
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As a restaurant or retail business owner, pairing with one ore more of these companies can potentially bring in a boon of new revenue. However, with so many choices, are certain services better than others? Let’s take a look at what separates some of the more popular third-party delivery services in the industry, and hopefully, you can decide which one, if any, makes the most sense for your company.
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How To Secure A $10,000 Loan Online For Your Business
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The recent outbreak of coronavirus has left most businesses scrambling for extra cash to get by. In these tough times, $10,000 could mean the difference between survival and shutting your doors forever. The best way to get $10K for your business is to apply to a trustworthy lender offering the type of loan that suits your business needs. Let’s explore some options.
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