Category

COVID-19 Resources

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Everything You Need To Know About Purchasing for Your Healthcare Business

By | General Business, Small Business, Business Financing, Blog, B2B, COVID-19 Resources | No Comments
When you’re in the healthcare industry, a lot rests on your shoulders. People rely on your business to stay healthy, happy, and comfortable. Keeping your equipment up-to-date and effective is crucial to keeping both your patients and your business healthy and well.  Medical equipment is a significant investment. Updating it is essential, but so is taking the time to do your research and understand the challenges of making a practical purchase. We’re here to demystify the process and share some...
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Which documents do you need to apply for PPP?

By | General Business, Small Business, Business Financing, Blog, B2B, COVID-19 Resources | No Comments
Despite the challenges of the past year, things are finally starting to look up. You’ve done the hard work of keeping your business open so far; all you need is a boost to keep things running as the country returns to normal. That’s what the second round of Paycheck Protection Program loans is here to do. The Paycheck Protection Program Round B, is a Small Business Administration program that’s designed to keep you, your business, and your employees supported throughout...
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covid-19 small business relief: a state by state breakdown

COVID-19 Small Business Relief: A State-by-State Breakdown

By | Blog, COVID-19 Resources | No Comments
For small business owners, dealing with the effects of the Coronavirus outbreak is challenging enough. That’s why we’re here to help you navigate the ever-changing climate of relief options available to US businesses. Small businesses in all 50 states have the ability to seek assistance from nationwide organizations and programs as outlined in our COVID-19 Resource Guide. In addition, many states are creating COVID-19 relief programs solely for their residents. As a small business owner during this difficult time, it’s...
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sba economic injury disaster loan

Business Options for Financial Relief: SBA Economic Injury Disaster Loan (EIDL)

By | Blog, COVID-19 Resources | No Comments
What is it? The EIDL program provides business loans up to $2 million and includes an emergency grant of up to $10,000 to be made within three days of application. The grant will be forgiven provided that funds are used for providing sick leave, maintaining payroll, meeting increased costs driven up by interrupted supply chains, making business’s rent/mortgage payments, and repaying obligations that cannot be met due to revenue loss. How does the EDIL program differ from the PPP program?...
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business options for financial relief: modifying or postponing payments

Business Options for Financial Relief: Modifying or Postponing Payments

By | Blog, COVID-19 Resources | No Comments
What is it? Many landlords, auto loan, and insurance companies are able to provide financial assistance in the form of delayed payments for customers impacted by coronavirus by offering a deferment or a forbearance. To avoid defaulting on payments, a due-date change, deferment or forbearance will delay payments if a customer can sufficiently demonstrate a temporary inability to pay to their Creditor. In some instances a deferment can be interest-free. Is my business eligible for this? Creditors may provide financial...
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