If you were unable to secure a PPP loan during the first two rounds, new CAA funding of $284 billion is now available. The new funds come with relaxed guidelines that make it easier for small businesses to obtain an original PPP loan and even allow those who received funding in Round 1 ...
We’re here to break down exactly how small businesses can leverage the monetary relief provided in this unprecedented aid package. While the stimulus package is not earmarking specific funds to the wellness industry, it does unlock $349 billion in loans for small businesses....
However, don't let a less-than-perfect credit score be a deterrent from applying. Even if you don't have a stellar credit score, there still are ways to get a personal loan with a favorable interest rate. There are other factors taken into consideration with lenders to determine what you...
Final thoughts on the Small Benefit Exemption Scheme Download your free copy of The A to Z of payroll to help you understand the complexities of payroll and get the pay run right What is the Small Benefit Exemption Scheme? The Small Benefit Exemption Scheme was first introduced in the 2004 ...
The IRS offers certain kinds of tax relief aimed at people who are or have become disabled. Get IRS tax relief for the disabled with help from TurboTax in this video on tax tips. TABLE OF CONTENTS Video transcript: The video refers to Form 1040-A which has been discontinued. Th...
Use cash or debit to avoid adding more credit card debt Consider working with a non-profit credit counseling agency if necessary, such as the National Foundation for Credit Counseling (NFCC) to help create a plan and get support ADVERTISEMENT Accredited Debt ReliefNational Debt ReliefNew Era Debt...
Loans could be used to pay fixed debts, payroll, accounts payable, and other bills that can’t be paid due to the impact of COVID-19. The interest rate for small businesses is 3.75%. Nonprofits pay just 2.75%.34 On March 24, 2021, the SBA announced that starting April 6, 2021, it...
(Since your loan-to-value ratio is reduced, it may also get you a lower interest rate.) Every situation is different, but for every $1,000 you put down, your monthly payment will drop about $20 a month, based on a 5% APR. If you want to save up for a heftier down payment, a...
High-interest credit card debt, personal and payday loans, title loans and rent-to-own payments all carry interest rates so high that you end up repaying two or three times what you borrowed. If either of the following situations applies to you, investigate options for debt relief, which ...
If either of the following situations applies to you, investigate options fordebt relief, which can include bankruptcy ordebt management plans. You can't repayyour unsecured debt — credit cards, medical bills, personal loans — within five years, even with drastic spending cuts. ...