Skip to main content
Tag

CARES Act

The CARES Act Opens Floodgates to Free Money for Businesses

The CARES Act Opens Floodgates to Free Money for Businesses

By Charleston SC, Mount Pleasant, SC

The CARES Act has opened the floodgates to free money for businesses.  Below are the basic details of loans available to businesses.  They are incredible unless regulations apply limits: This new law lets any business borrow 2.5 months of payroll, benefits, interest on loans and lease payments. The loan is made through a bank that is an SBA approved lender and is guaranteed by the SBA. Loan Is nonrecourse to the borrower. The loan is forgiven if you don’t cut…

Read More