Lenders aren’t bending over backwards to help out small businesses right now. So what’s plan B? Familiarizing yourself with proven alternative sources.
Small Business Loans
It didn’t seem like anyone was listening when Washington asked banks to ramp up their lending to small businesses — until this lending institution stepped up.
NEW: The just-enacted PPP Extension Act of 2021 gives employers a two-month extension to apply for both Round One and Round Two draws on PPP loans. You now have until May 31 to submit an application. Recently, the American Rescue Plan Act had expanded the program but not the timetable. This latest development changes that. […]
Spring seems to have breathed new life into many small businesses as institutions are reluctantly relaxing their stranglehold on credit.
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