How To Talk to Your Banker
Most of us talk to our business banker to set up our first account and maybe when we need a loan. The rest of the time, we’re chatting with the tellers or our bank’s digital assistant. Fostering a better relationship with your banker has serious upside, though. As a self-funded small business owner, your banker […]
Got a Paycheck Protection Program loan? 5 New Things to Consider to Maximize Forgiveness
If you applied for the Paycheck Protection Program in early April, you’ve been on a quite a rollercoaster. In May, Congress recognized this program wasn’t working for us small business owners. As a result, they passed the Paycheck Protection Program Flexibility Act in early June. The new law has extended the covered period, clarified several […]
8 Things to Consider Before Taking that EIDL Loan
3RD UPDATE: As of December 31, 2020, the SBA has extended the application deadline for the COVID-19 EIDL program by an entire year, to December 31, 2021. Loan amounts are capped at $150,000, with the terms below. 2ND UPDATE: As of September 4, 2020, the SBA has relaxed a number of the original rules around personal […]