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Disaster Loans Provided a Lifeline. Now Small Businesses Owe Billions in Late Fees.
The Wall Street Journal· 7 hours agoDebt collectors don’t add collection fees to an account, said Mike Frost, a lawyer in Rock...
Small Businesses Owe $59 Billion From COVID Disaster Loans
PYMNTS.com· 14 hours agoThe Small Business Administration (SBA) loaned out $390 billion to keep companies afloat during...
What Every American Small Business Owner Needs to Know About Accounting
Motley Fool via Yahoo Finance· 8 hours agoYou'll need a small business bank account The most important first step for small business...
What is an LLC loan and how does it work?
Bankrate via AOL· 10 hours agoIf you operate a limited liability company (LLC) and are looking for funding opportunities, an LLC loan could be a viable option. It’s a type of small &...
IG says Illinois state employees made up businesses, lied about income to defraud federal COVID-19...
Chicago Tribune via Yahoo Finance· 1 hour agoCHICAGO — Illinois state employees fabricated hair salons, paid others to inaccurately fill out...
Pros and cons of a business line of credit
Bankrate via AOL· 7 hours agoAccording to the Federal Reserve Banks’ 2023 Small Business Credit Survey, 43 percent of small businesses who applied ...
What is the average small business loan amount?
Bankrate via AOL· 6 days agoKey takeaways The average small business loan amount is $663,000, according to the Federal Reserve For fiscal year 2023, the average ...
Where can I get a short-term business loan?
Bankrate via AOL· 5 hours agoLender Short-term loan Features Bank of America Line of credit Term loan Low rates Secured and unsecured options Free business credit ...
Inflation fears among America's small businesses are rising again and their faith in the Fed is...
CNBC· 8 hours agoThe fight against inflation was going well for the Federal Reserve and economy for much of last year...
How to choose the best small business lender
Bankrate via Yahoo Finance· 3 days agoSmall business loans are accessible through banks, credit unions and online lenders. But with so many options, choosing a lender for your small ...