Monthly Archives: March 2020

While the world has been in crisis due to the sudden onset of coronavirus, small business owners have been concerned they will be left behind in relief efforts. To date, a package has been passed that includes paycheck protection and loan forgiveness for impacted businesses. To speed the approval process, lenders have been authorized to approve borrowers on an expedited schedule, without the usual SBA approval process. What Businesses Need To Become Approved The Paycheck Protection Program is a loan offered through the SBA directly to impacted businesses. What this loan does is increase the government guarantee to 100% through Learn More

Small Business Loans Available for Businesses Impacted By Coronavirus COVID-19 2020 began quietly for many businesses. There was but talk of a recession that was projected based on past patterns, but not current evidence. That said, growth seemed to be continuing based on a resilient economy without the slightest hint that a global pandemic would test our collective resilience and resolve. Covid-19 and coronavirus have created states of emergency in major cities and in states around the country, and that changes the circumstances and available funds to businesses in many areas affected by the virus. Federal disaster loans for working Learn More

Entrepreneurs that are growing their businesses often find that they require a commercial real estate loan to purchase an existing property or to access permanent financing on recent construction. Owning your own building comes with unique benefits, including tax deductions and the opportunity to sublease part of your new building. While it may seem like a difficult and complex process, getting a loan is simple when you work with a loan broker. The following is what you need to do to get a real estate loan to get your business situated in your own building and how working with a loan broker can help you find Learn More