Small businesses globally are experiencing a serious credit crunch from COVID-19 lockdowns. Many small and medium-sized businesses sit on little if any cash reserves and some have already lost most of their revenue; but they still have to pay their bills, maintain their supply chain, compensate their employees, and repay their debts. Millions of businesses […]
It’s no secret that times are tough for small businesses. Revenues have taken a nosedive, if not flat-lined. Unemployment has skyrocketed as restaurants, salons, gyms and other businesses have had to shut their doors. And possibly most disconcerting of all, is the uncertainty of when it will end. The good news, however, is that help
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The federal government enacted in late March legislation to help small businesses suffering from the COVID-19 crisis. The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) provides for the availability of $349 billion in Small Business Administration (SBA) loans. There are currently two types of loans available: Economic Injury Disaster Loans (EIDL) and Paycheck
Where’s the Money? The Top 10 Frequently Asked Questions About CARES Act Loans Read More »
When it comes to the real estate market, competition can be fierce. It might feel like every real estate agent around you has a large budget and the latest technology. But finding low-cost online marketing solutions is not as hard as you might think. There are many ways you can set yourself apart from your
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The federal government has recently enacted two pieces of legislation to help small businesses weather the COVID-19 crisis, including the CARES (Coronavirus Aid, Relief, and Economic Security) Act passed on March 25, which provides $349 billion in Small Business Administration (SBA) loans. The previous bill provided for $7 billion in additional loans. It is important
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One of the greatest challenges for any business organization is finding the right balance between secure technology and an engaging, timely customer experience. For financial institutions, in particular, it’s a struggle to satisfy customers’ demands for digital innovation without compromising compliance and security. “It’s important to realize that it’s not a trade-off,” says Sam Bakken,
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Back in June Uber went on a hiring spree in New York, hiring at least 100 fintech-oriented tech workers to ostensibly look at creating products to increase loyalty and engagement among users and drivers, including things like banking. Cue a flurry of speculation. It now looks like Uber is taking baby-steps towards building such a
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