Covid-19 will continue to alter the start-up space as new sectors emerge and traditional industries fall victim to the digitalization that has only been accelerated by the pandemic. Start-ups need to adapt to the changing consumer environment and preserve their limited resources until the pandemic passes. Continue Reading
With rapidly changing guidelines, lawsuits and uncertain forgiveness processes, will the Paycheck Protection Program, a federal relief program for small businesses, ultimately be a boon or a headache for banks? Continue Reading
With Covid-19 cases continuing to rise in many parts of the country and some reopening plans being put on hold, a greater understanding of relief efforts under the CARES Act can help lessen the economic blow for small businesses. Continue Reading
Rent relief has been provided to some residential tenants through local funds, but what policy solutions are available to commercial tenants to make sure they have a space to operate their business once the pandemic is over? Continue Reading
The extra $600 in federal weekly unemployment benefits Americans have collected during the recession will end this weekend. What then for 25 million out of work adults? Continue Reading
With over $130 billion in the Paycheck Protection Program still unclaimed, many are asking why money remains unallocated when small businesses are still in need, particularly businesses owned by underserved populations. Continue Reading
Although the Main Street Lending Program was announced in late March, participation in the program did not begin until June 15. Since then, bank executives have noted a lack of interest from borrowers; several institutions have reported less than 200 interested borrowers each. Continue Reading