We'll keep it short and actionable. Here are 5 business financial resources you can use right now to protect your employees, conserve your company's cash and plan a path to recovery ...
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1. A new $5M loan fund + webinar
AltCap just announced a new loan fund for qualifying KC-area businesses. Read more about it here.
Then, join us Wednesday, April 1 at 2 p.m. for an interactive Zoom call that will dive deep into this fund with an AltCap rep so you can get answers straight from the source.
Before you dive into loan funds, make sure you ...
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2. Get your cash flow in order
Check out some genius tips from an expert at the Missouri SBDC at UMKC that'll help you stretch your business cash further, like how to handle distribution, billing, payments and more.
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3. Get answers: SBA disaster loans
What do Economic Injury Disaster Loans (aka EIDL) cover? What are the loan terms? How do you apply? We answer all these questions and more to help you decide if these loans are a fit for you.
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4. CARES Act: The most important info for you
The Coronavirus Aid, Relief and Economic Security Act allocated hundreds of billions of dollars to help small businesses. The Paycheck Protection Program provides 100% federally guaranteed loans (that are potentially forgiven) to small businesses that keep up their payroll during this time.
Learn more about the initiative and how your business can benefit by exploring this handy fact sheet from the Greater KC Chamber of Commerce.
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