COVID 19 continues to rock our home-based business world, and we’re all in a mad scramble to stay afloat. A key part of relief is hundreds of billions in emergency funding through the Small Business Administration, such as the Paycheck Protection Program and emergency loans. Smaller home-based business owners are often being left in the dust, as larger small business scoop up all the funding. Per Gerri Detweiler , the good news is that there is still time to obtain COVID 19 SBA funding, and indications are that the government will continue to add more dollars into them.
To help us sort through all the red tape and “get in line” with the SBA, Richard “Capt’n” Henderson and Sherilyn Colleen interview Gerri Detweiler, a credit expert with Nav (www.Nav.com) and author of Finance Your Own Business: Get on the Financing Fast Track.
Subjects Discussed with Gerri Detweiler in the Podcast include:
- What COVID-19 relief loans mean for small business owners.
- Which COVID-19 loans do home-based businesses best qualify for?
- How do you apply for a PPP if you are self-employed and do not have W2 employees?
- What obstacles are small business owners encountering when trying to get approved for these loans?
- Things to watch out for after you get an SBA loan
- What should business owners do right now to start weathering the current financial crisis?
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Episode Sponsor: Downline Builders Network * GeraldPeters.info
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