The Leverage You May be Overlooking in Your Search for Commercial Financing

The Leverage You May be Overlooking in Your Search for Commercial Financing

In turbulent times like these, even strong, stable businesses can experience credit challenges that make it harder for them to get the equipment they need. As lenders tighten their belts, restrict lending to some types of businesses, and reduce the range of acceptable credit ratings, reasonable lending options can be difficult to find. In the…

Frequently Asked Questions about the SBA Disaster Relief Programs for Small Businesses

Frequently Asked Questions about the SBA Disaster Relief Programs for Small Businesses

On Friday, March 27, the CARES Act was signed into law providing $349 billion in small business stimulus funding by way of the Paycheck Protection Program (PPP) with a goal of preventing business failures and job loss resulting from the COVID-19 crisis. The CARES Act also expanded the Economic Injury Disaster Loan (EIDL) program. The…