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Payment period for small business COVID loans extended

The U.S. Small Business Administration on Tuesday extended by six months the repayment schedule for COVID-related economic disaster loans that have been issued to thousands of businesses across the country, including New York. The extended adjournment period will provide additional flexibility for small business owners impacted by the pandemic, particularly those in sectors hit hard […]

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Need a business loan? Inflation drives Main Street into more debt

SAN FRANCISCO, CA – APRIL 28: Deanna Sison takes a break from preparing pre-ordered lunches to check on the status of her federal small business loan application at Little Skillet Restaurant in San Francisco, California on Tuesday, April 28, 2020. The Most of the Covid financial relief to small businesses has now ended, but the […]

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Should you take out a business loan to deal with inflation?

SShopping mall businesses across the country have faced many challenges over the past few years. And now, in addition to Covid-19 and supply chain issues, inflation is taking its toll on small business owners. The United States Chamber of Commerce released its latest Small Business Index in October 2021. The report found that business owners […]

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Should you take out a business loan to deal with inflation? – Forbes Advisor

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Small businesses across the country have faced many challenges over the past few years. And now, in addition to Covid-19 and supply chain issues, inflation is taking its toll on small business […]

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Harbor Bank and Cerebro Capital commit $50 million to small business lending program

Harbor Bank of Maryland on Wednesday announced a partnership with Cerebro Capital, a commercial lending marketplace, to provide $50 million in loans to small businesses in the Baltimore-Washington metro area. The program, which will provide loans of up to $2 million, aims to increase access to capital for minority-owned businesses, which have traditionally been underserved […]

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Business loan firm sues New York man on life support due to COVID-19

A Bronx, New York man who is on life support due to COVID-19 was sued by a loan company after contracting COVID-19 and later hospitalized, the New York Post reported Monday. Jeffery Schneider, who owns a rent-controlled building, applied for a loan in May 2021 after some of his tenants stopped paying rent due to […]

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Check out HASCAP, the emergency COVID business loan program everyone forgot about

Breadcrumb Links MoneyWise Canada To borrow money With other programs ending, HASCAP is one of the few companies that can use Omicron Author of the article: Publication date : January 28, 2022 • January 28, 2022 • 5 minute read • Join the conversation BreizhAtao/Shutterstock Content of the article The New Year wasn’t supposed to […]

Business loan

Check out HASCAP, the emergency COVID business loan program everyone forgot about

Breadcrumb Links MoneyWise Canada To borrow money With other programs ending, HASCAP is one of the few companies that can use Omicron Author of the article: Publication date : January 28, 2022 • January 28, 2022 • 5 minute read • Join the conversation BreizhAtao/Shutterstock Content of the article The New Year wasn’t supposed to […]

Business loan

NYDFS Concerned About CFPB’s Small Business Lending Data Collection Proposal

January 6, NYDFS Published a comment letter responding to CFPB requests Notice of Proposed Rulemaking (NPRM), “Small Business Lending Data Collection under the Equal Credit Opportunity Act (Regulation B).” The NPRM – mandated under Section 1071 of the Dodd-Frank Act – would require a wide range of lenders to collect data on the loans they […]

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How the coronavirus pandemic hurt young workers in New York

Young and enthusiastic, Harry Rosado has never had trouble finding a job. Fresh out of high school, he was hired as a sales assistant in Midtown Manhattan at Journeys and then at Zumiez, two fashion stores popular with young buyers. He moved to Uncle Jack’s Meat House in Queens, where he earned up to $300 […]