Month: December 2020

Many small businesses have applied and received funding via the Payroll Protection Plan (PPP). As part of the federal stimulus package, PPP loans can potentially be forgiven. However, there are PPP loan forgiveness guidelines that must be followed. The funds must be used within a specific time period and only for certain business expenses for […]

Even in the best economic climate, it’s not uncommon for small businesses to experience a working capital shortfall. Traditionally, business owners would turn to the bank they were already doing business with to apply for a loan. Much like during the financial crisis of 2008, banks have severely upped the requirements for loan approvals. This […]