Today, just a short update to keep you posted on some developments regarding the Paycheck Protection Plan (PPP) forgiveable loan program that virtually all small businesses and the self-employed are entitled to. You can find earlier newsletters with specifics about how to apply and how to qualify on my blog at PlanningShop.com/blog. Remember: I am …
Small Businesses Get Screwed by PPP
Disaster. Fiasco. Debacle. That’s how the rollout of the Paycheck Protection Plan (PPP) is widely described. PPP is the loan program aimed at helping small businesses and the self-employed, with loans that can be ‘forgiven’—in other words, turned into a grant. But frankly, it’s just a mess. As part of the CARES Act, Congress allocated …
Daily Update: Money for Your Small Biz – PPP Bad News/Good News
Today, I’m giving you an update on the FORGIVEABLE small business loan known as the Paycheck Protection Program (PPP) which rolled out over the weekend. If you missed my earlier update on the loan, you can find it in yesterday’s update or at PlanningShop.com/blog. As I mentioned yesterday, this is a “loan” that most small …
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Daily Update: Go Get Your Small Biz Stimulus Money Today
Today I’m going to help you get funds available to you through the Paycheck Protection Program (PPP), part of the coronavirus stimulus package. I urge you to APPLY TODAY. These loans are FORGIVEABLE. In other words, they can turn into grants. And you’re almost certainly eligible if you own a small business or are self-employed …
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Daily Update: The Sh*t’s hit the fan. Now what?
During this crisis, I am doing regular updates to keep small businesses and the self-employed informed of financial support, legislation, resources, and other help available to them. Remember: Just for the time being, I am doing a Facebook Live Monday to Thursday at 1pm EDT/10am PDT on my Facebook page to keep you updated and …
Daily Update: Confused about small business loans? You’re not alone.
Hello again… During this crisis, I am doing regular updates to keep small businesses and the self-employed informed of financial support, legislation, resources, and other help available to them. Remember: I am doing a Facebook Live Monday to Thursday at 1pm EDT/10am PDT at facebook.com/RhondaAbramsSmallBusiness to keep you updated and answer questions. And if someone …
Daily Update: Confused about small business loans? You’re not alone.Read More
Small Business Borrowing Troubles
Having trouble getting a bank loan for your small business? So are many other small companies, especially those in economically disadvantaged areas, according to a report released Tuesday January 24. That lack of traditional bank financing has led to a proliferation of online small business lenders. But experts warn: be careful. “Overall, the total number …
Report Warns of Small Biz Loan Dangers
If you run a small business, you’re likely seeing a flood of offers for easy-to-get loans–through direct mail, popup adds, even TV ads promising fast money to pay your bills or buy new equipment You’re not alone. Alternative small business lending has exploded in the last few years as a new industry emerged, referred to …
