How to maintain cash flow is a top challenge for businesses and organizations during the uncertain yet unrelenting impact of COVID-19 on our economy.
There are a number of sources of cash available — including the recently refunded Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program, as well as the Main Street Lending program. However, sorting through your options and understanding the best fit can be confusing.
Plus, once you’ve enrolled in a program, you’ll need to understand how to not only maximize the loan but also ensure you’re complying with regulations and potential loan forgiveness requirements.
PPP loan, EIDL, Main Street — which is best for you?
Our team has developed three options to help you respond to and recover from the COVID-19 crisis by navigating your cash flow challenges and funding options.
Our three quick-start options can help you:
- Understand your immediate cash flow needs and funding options available.
- Understand your three-month cash flow needs and funding options and create an action plan.
- Understand your 12-month cash flow needs and funding options and develop a long-term action plan.
Contact us to get started today