In our last financial crisis we bailed out wall street. In this ciris we are going to have to bail out main street. The fact that a health pandemic has hit so aggressively and impacted so many small businesses so deeply means that governments worldwide will be releasing significant aid packages with a focus on getting money into the hands of business owners. You surviving and continuing to do business and employ people is one of the most important factors required to drive our economy to rebound from this. And governments know that. The silver lining in this situation is that there is going to be a lot of low interest and no interest loans and grants available to you in the coming months and this is a chance to bounce back and come back stronger, with more affordable debt and a new start.
We will be adding to the resources available on accessing Grants and Loans in response to this crisis on an ongoing basis as new information becomes available.
Hello Alice – has put together a wizard to help you understand what financing options might be available for you during this time.
Facebook -has announced that they will give away 100M to 30,000 small businesses.