The U.S. Small Business Administration (SBA) has recently made significant changes to their small business loan programs to help level the playing field and boost access to credit for smaller businesses. Read below for more information about those changes and what you can expect.
The U.S. Small Business Administration (SBA) is providing additional measures to accommodate COVID Economic Injury Disaster Loan (EIDL) borrowers who are experiencing short-term financial difficulties. The program, known as the Hardship Accommodation Plan, allows eligible borrowers to make reduced loan payments for six months.
As the global marketplace continues to rapidly grow and change, small businesses in the United States are considering ways to expand their reach and operations as they emerge from the COVID-19 pandemic. According to the U.S. Small Business Administration (SBA), nearly 96% of all consumers live outside the United States, while two-thirds of the world’s purchasing power is in foreign countries.
The U.S. Small Business Administration (SBA) is hosting National Small Business Week from September 13-15, 2021 in an all-virtual summit, honoring the nation’s 31 million small businesses and their perseverance, ingenuity, triumphs, and creativity amid unique challenges brought on by the global pandemic.
The U.S. Small Business Administration (SBA) has announced two new updates to its Economic Injury Disaster Loan (EIDL) program, as the agency works to provide further economic relief for the smallest and hardest hit businesses across the United States.
Below you will find more information about the Targeted EIDL Advance program and Supplemental Targeted Advance, which provide small grants to eligible impacted small businesses, and how you may qualify for additional financial assistance.
This post originally appeared on the blog of CDC Small Business Finance
This post originally appeared on the blog of our partner, CDC Small Business Finance.
This Saturday, November 24, is Small Business Saturday! It’s a great occasion to kick off your holiday marketing and get customers in the door. While small businesses may not have access to expensive marketing gimmicks, you can make up for it in creativity and excellent customer service, and utilize the many resources available to small business owners.
This blog post originally appeared on SBA.gov.
Linda McMahon, SBA Administrator
For this blog about Hurricane Season preparedness, we thought it would make sense to get some business continuity tips from a real expert—a business owner who survived multiple disasters.
It’s difficult enough to recover personally from a natural disaster, but when you also have a small business to rebuild, it can be frustrating, exhausting and downright painful. Approximately 40% of small businesses never reopen after a disaster, according to the Federal Emergency Management Agency (FEMA). In the wake of Hurricanes Harvey and Irma, many U.S. small business owners are trying to figure out how to recover their losses and move forward with plans to reopen. If your losses are not covered by insurance and/or funding from FEMA, here are five places to start that journey.