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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.
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The Top 10 SBA Approved Banks For 7(a) Loans: Your Complete Guide
With high borrowing limits, long repayment terms, competitive interest rates, and less stringent requirements than traditional low-interest loans, it’s no wonder SBA loans are highly sought by small business owners.
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SBA EIDL Funding Timeline: What To Expect During Application, Approval, & Processing
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
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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5 eCommerce-Friendly POS Systems For Online Sellers
We’ve put together this post to help small retail businesses modernize their operations by bridging the gap between online sales and physical retail sales. Whether you’re looking to establish your brand in the online sphere or want to replace your current online POS with a better system, read on to learn about the best eCommerce POS systems.
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7 Lenders That Are Offering Second Round PPP Loans Online
A second round of PPP funding has been approved by Congress for 2021. Want to apply for a PPP loan online? Here are the best online lenders participating in the second round of PPP loans.
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How To Close A Business
Sadly, as the global COVID-19 pandemic wreaks havoc on our world and our institutions strain to cope with it all, scores of businesses are facing the excruciating reality that remaining in operation just isn’t feasible. As terrible as it is, there are steps you need to take to ensure that the pain of closing your business isn’t even more devastating to your employees and your finances than it needs to be.
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What Is Business Interruption Insurance?
Do you have a plan to deal with a loss of income or pay for utilities that aren’t working? What if you have to temporarily relocate? Read this informative article to learn more about business interruption insurance, including exactly what it covers, how to buy it, and more.
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15 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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