Tag Archives: Small Business Loans

PPP Covid-19 Relief Program Is Adjusted to Help the Smallest Businesses in the USA

close up of US dollars

Important revisions are made to boost participation among sole proprietors, independent contractors, self-employed “gig-workers,” and solo entrepreneurs in minority communities. For qualifying businesses, this is money that can be used to meet payroll and other business expenses and new deadlines to apply are approaching quickly. Small businesses and non-profits with fewer than 20 employees and sole proprietors can apply for

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US Federal Reserve Paper – Is Small Business Lending Valuable to Banks?

The consolidation of individual U.S. bank charters has resulted in both a shrinkage in the number of banks and an increase in their average size. A well-known concern is the effect on the availability of credit to small and midsize enterprises (SMEs) that, being too small to efficiently access national credit markets directly, rely on financial intermediaries, especially banks. A

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