Category: Business Financing

You’ve gotten your PPP loan, spent it properly, and hopefully qualify for full forgiveness. Congratulations!  What’s next? Here are six steps you can take now, after your PPP loan, to help ensure your business continues on the road to recovery.  1. Get a Grip On Your Bookkeeping If applying for PPP was challenging because your bookkeeping wasn’t up to date, now is the time to fix that. You’ll either want to develop a system so you (or an employee) keeps… Read More

On March 30th the President signed into law the PPP Extension Act of 2021, extending economic aid to hard-hit small businesses, nonprofits, and venues that submit applications to the SBA by June 1, 2021. You can read more about the Paycheck Protection Plan (PPP) and the Economic Injury Disaster Loan program (EIDL) below: New $10,000 EIDL Grants: Do You Qualify?New Paycheck Protection Program (PPP) Loans: How to Qualify and ApplySelf-Employed: How to Apply for a Payroll Protection Program (PPP) Loan

The Restaurant Revitalization Fund is now up and running. No question, the pandemic has taken its toll on a lot of small restaurants over the last 12 months. For a lot of them, because of the way the Paycheck Protection Program (PPP) was structured, they didn’t get the help they needed. The American Rescue Plan is designed to help restaurants that might not have been able to leverage the PPP during 2020. If you own a restaurant and were impacted… Read More

The American Rescue Plan Act has passed the House and Senate, and President Biden is expected to sign it this week. It includes a number of provisions that will help small business owners— including those who are self-employed or are independent contractors— in the form of grants, tax credits and forgivable loans.  Most of these are extensions of programs that were originally included in the CARES Act passed March 27, 2020 and the Economic Aid Act that was signed December 27,… Read More

Every business needs capital to operate and grow, but sometimes you’re short on funds to do so. Maybe your customers have unpaid invoices, creating a cash crunch, or you simply need more money than you’ve got in your business bank account to cover an expense. That’s when financing comes in handy. But what if you don’t qualify for a traditional small business loan with a lender like a bank or the SBA?  Fundbox might be the solution you’re seeking. What… Read More

When you run a small business,  you’ve got to be strategic about your financing to ensure that cash flows and you’re able to pay all your expenses. Kapitus Funding can help. There may come a day, however, when your company has the opportunity to grow, and you need capital in the form of a loan to take advantage of those opportunities. In that case, you’ll need to carefully weigh your financing options. Kapitus is one to consider. What is Kapitus?… Read More