The Paycheck Protection Program (PPP), a federal financial relief program that provides forgivable loans to small businesses to help them retain workers following the COVID-19 pandemic, has received additional funding and is up and running again. Small-business owners seeking coronavirus relief would do well to be aware of it, and the potential help that it can offer them in maintaining [...]

The U.S. Small Business Administration (SBA) was no longer accepting applications for its two biggest coronavirus disaster relief programs, the Payroll Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) until Congress signed another $484 billion stimulus bill last month, with $370 billion allocated for the PPP and $60 billion for the EIDL. But because so much has changed, [...]

The COVID-19 situation and the government’s shutdown order has had a significant impact on small businesses over the last 6 weeks and the future is uncertain. The U.S. economy, with steady job growth and positive trends just a short 3 months ago, has come to a sudden halt. With federal predictions of 100,000 to 240,000 deaths from COVID-19 and unemployment [...]

For many business owners, finding success during the COVID-19 situation has been challenging. In fact, this unprecedented time has turned many businesses upside down. The outlook for life after COVID-19 remains uncertain, but fortunately there are ways to prepare your business for the future. After all, challenges can inspire growth and innovation. If you focus solely on the things within [...]

Determining how to accept credit card payments online is simpler than ever for your small business. Thanks to a host of complete off-the-shelf solutions for handling credit card processing, it’s faster and easier than it’s ever been to pivot to online sales and set up a retail presence on the internet. With so many tools offering small-business credit card processing [...]

The COVID-19 crisis is changing many aspects of life for people around the world. One big change is that many are not allowed to eat out at restaurants, which has led to widespread upheaval in the industry. Luckily, there are some options that can keep restaurants afloat. Of course, there are opportunities that can provide COVID-19 financing relief for restaurants. [...]

If you’re one of the many small businesses being affected by COVID-19, financial help is available through the SBA Economic Injury Disaster Loan. Recently, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act provides economic relief for businesses experiencing a temporary revenue loss due to COVID-19. This guide will walk you through the application process [...]

The SBA Payroll Protection Program (also known as the Paycheck Protection Program, or PPP) was recently introduced by the Small Business Administration (SBA) to provide coronavirus relief to small businesses, nonprofits, sole proprietors, and others affected by the COVID-19 situation. If you own a small business or nonprofit, or if you operate as an independent contractor, you may be eligible [...]

As COVID-19, or the coronavirus, spreads across the country, many small businesses are beginning to face serious financial impacts. In an effort to aid small businesses that are being forced to temporarily shut down due to COVID-19, the U.S. Small Business Association is offering low-interest federal disaster loans to replace short-term lost revenue. If you own a small business that [...]