Veteran Small Business Certification (VetCert) program, effective from Jan 2023, provides veterans with a central support point for their small business certification needs. Certification allows service-disabled veteran-owned small businesses (SDVOSB) and VOSB firms the opportunity to compete for sole-source and set-aside contracts across the federal government. … [Read more...] about Attention Veterans!
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SBA announces the Lender Match program that connects SMB owners to lenders
More than 800 lenders participate in the Lender Match program throughout all 50 states and U.S. territories. While all lenders who use Lender Match offer SBA-approved loans, many also offer conventional loans. There are multiple benefits to getting loans from these SBA-backed lenders including: How does it work? You will fill up a form with a few questions to … [Read more...] about SBA announces the Lender Match program that connects SMB owners to lenders
SBA Offers Disaster Loans with No Interest and No Payments for First Year
The US Small Business Administration (SBA) will waive the interest rate for the first year on new disaster loans and extend the initial payment deferment period automatically to 12 months. “Our zero-interest disaster loan and payment deferral solutions add new tools to our toolbox to help small business owners gain flexibility as they work to invest, reopen, … [Read more...] about SBA Offers Disaster Loans with No Interest and No Payments for First Year
Venmo pilots Business Profiles and Payments for Small Businesses
Venmo is introducing Business Profiles on a limited trial basis to help sole proprietors and small businesses to accept payments for their businesses. Per a press release from Venmo, "Piloting to a limited number of users today, Business Profiles allows sole proprietors, casual sellers, and users with a side hustle to create an additional Venmo profile to accept payments … [Read more...] about Venmo pilots Business Profiles and Payments for Small Businesses
Congress extends the Coronavirus Small Business Loan deadline through August 8th
The move extends the Paycheck Protection Program (PPP) for another five weeks allowing small businesses to access low-interest loans. So far, the Paycheck Protection Program has given out $520 billion in loans to over 5 million businesses nationwide, providing relief for payroll costs during closures designed to mitigate the Coronavirus outbreak. The program was set to … [Read more...] about Congress extends the Coronavirus Small Business Loan deadline through August 8th