By exploiting the richness of our data set, we provide evidence that close to 80% of individuals were unaware of the credit card relief program while others faced important fixed non‐monetary costs preventing uptake.Jason AllenBank of Canada...
Democrats have touted the $1.9-trillion COVID-19 relief bill that U.S. President Joe Biden just signed into law as one of the most popular bills in decades, calling it a bold measure for people across the country that would significantly cut poverty and boost recove...
Swonk noted that the central bank is mulling expanding its Main Street Lending Program, which is targeted at businesses that are too big to qualify for small business loans but too small to access credit via the corporate bond market. "Expanded eligibility would allow hospitals and universities t...
From emergency loan help to debt relief grants and more, small businesses can get the assistance they need to weather the COVID-19 storm. Check with the SBA and your state to find out what programs you qualify for, and submit your application as soon as possible to get the help you need...
An increasing number of municipal, county and state governments are using federal pandemic relief funds to pay residents’ burdensome medical debt.
EIDL loan increase - the increase in the fund from 500,000$ to 2 million$, It can be used for various purposes such as working capital, operating expenses, purchasing equipment, paying off debt and evenpayrollfor the employees. . Deferred Payment Period implementation - The businessman will ...
Additionally, SBA is still makingdebt relief paymentsto help hard-hit businesses into certain SBA-backed loans, including the agency’s flagship working capital loan product: the 7(a) loan program. New borrowers between now and the end of the month will get three months of payment relief, up...
Try these COVID-19 relief alternatives. Some businesses resources (like EIDL) have expired, but others still exist to get you through COVID-19. If you run a field service business, you've almost certainly heard of the Economic Injury Disaster Loan (EIDL) program made possible by the ...
The funding for the free tests will come from money that was left over from a past supplemental COVID bill. Though the debt ceiling deal reached over the summer between President Joe Biden and Republicans did claw back about $30 billion in unspent COVID relief funds, officials said there was...
This guide explains the stimulus and relief efforts undertaken by the U.S. government during the COVID-19 crisis. Learn more about the support for business and employment.