Covid19 SBA Loan/Grant Programs – An Overview for Businesses
There are 3 actions that are being recommended for businesses to consider: 1. SBA Disaster Loans (Apply through SBA website, has $10k emergency grant) 2. SBA Payroll Protection Program (Apply through traditional bank…has 2x monthly payroll available as forgivable grant amount) 3. Ask you banker about expanding your existing lines of credit, or other options […]
CARES Act (S.3548) – there is a lot in here, but these are the business basics and some tips
It was announced over the evening that both parties had come to an agreement regarding the CARES Act for Covid19 relief. There is a ton in the bill, but a relatively small section is devoted to SBA financing support for impacted businesses.
Gov. Ivey: Alabama small businesses can seek SBA COVID-19 disaster loans
MONTGOMERY – Governor Kay Ivey announced today that small businesses across Alabama negatively impacted by the coronavirus pandemic are eligible for assistance under the U.S. Small Business Administration’s Economic Injury Disaster Loan (EIDL) program.
10 Tips to help guarantee a smoother and happier residential closing
We are often asked how to have great closings, and it truly does take a whole team. Recently a mortgage buddy told me there are 1000 things that can go wrong from the time a person starts to look for their home until they close. There are so many humans using so many programs and […]
The company financing life cycle…
Several years ago, I ran across this diagram of the financing cycle of startup companies on eandua.com and thought it was an elegant expression of where true seed stage capital fits in the overall scheme of our economy and the critical role it plays despite it’s relatively small dollar amounts.
