COVID-19 Resources for Small Businesses

Hi there,

The past year has been difficult for everyone, but the resulting social and economic instability has been especially hard on small business owners. If you had to close your doors due to lack of customers or are barely able to cover operation costs, you're not alone. Thousands of small businesses are still struggling with the effects of the pandemic.

The good news is that there are several resources available for businesses fighting to make ends meet. Below is a list of financial resources from public and private organizations:

• SBA - Find your local SBA District Office and contact them for information on financial programs, training, and business counseling near you.
• US Department of the Treasury - Find out if you qualify for federal financial assistance through tax credit or investment programs.
• Thomson Reuters - Scan through a collection of resources on legal and professional accounting options. 
• CED - Check out these resources for women and minority owned small businesses.

Along with grants, tax programs, and loans, factoring can be a great option to improve your cash flow during this difficult time. If you have any questions on how factoring could work for your small business, talk to our team.

Thank you,

Daniel Eke

Factor Funding Co.