Funding is available to small businesses like yours. The U.S. Government and some private companies are offering loans and grants for small businesses that have been negatively impacted by the COVID-19 pandemic.
Paycheck Protection Program Loan: The Paycheck Protection Program is a Small Business Administration (SBA) loan designed to help small businesses keep their workers on the payroll. The SBA will forgive loans if all employees stay on the payroll for eight weeks and the money is used for certain business expenses.
Economic Injury Disaster Loan: The SBA’s Economic Injury Disaster Loan provides support to small businesses facing temporary loss of revenue as a result of the COVID-19 pandemic.
Economic Injury Disaster Loan Advance: Small businesses may apply for an Economic Injury Disaster Loan advance of up to $10,000, under the SBA’s loan program. This advance is designed to provide relief for businesses experiencing revenue losses as a result of COVID-19.
GoFundMe is offering one-time matching grants to help small businesses with employee costs and ongoing costs.
Being online is vital in today’s new normal. Showcase your business with a website or set up an online store to sell on the web.
Create an e-commerce store with a 90-day free trial via Shopify. Email marketing fees are waived temporarily, and Shopify store owners may also qualify for a loan with Shopify Capital.
Other Visa partners can also help you create your website or sell online. See here for solutions and offers from Wix and WordPress.com, to help you set up your website.
Accept payments online with Authorize.Net, which connects you to other business needs like invoicing, account updater, subscriptions, fraud management, and tokenization. The $25 monthly fee is waived until June 1st for new customers.
Register and open a new eBay store and get a Basic Store free for three months. Also get seller fees waived through June 30.
With normal life disrupted, customers are looking to businesses to keep them up-to-date on what’s open and what’s available.
Small business restaurants and bars can receive certain Yelp for Business features for free, such as Business Highlights, Call to Action, or Yelp Connect. If you’ve already advertised on Yelp and offer delivery or takeout on Yelp, you can receive $100 in Yelp Ads campaigns. Visit the link above for more detailed information.
Some small and medium-sized businesses that have advertised with Google Ads during a certain time frame may be eligible to receive ad credits. Visit the link above for more information.
