Small businesses could run out of money before emergency federal loans arrive - News Summed Up

Small businesses could run out of money before emergency federal loans arrive


A few days’ delay wouldn’t matter to a large corporation, but it can make or break a small business, they said. ADCalls to protect small business are growing more urgent as signs of layoffs grow around the country. Facebook this week said it would distribute $100 million in grants to help small businesses hurt by the health crisis. In the 70 years the business has existed, money has always been tight, he said, calling that the nature of small business. “You do depend on next week’s business to pay this week’s bills.”Smith leans against a floor jack at M&M Car Care Center.


Source: Washington Post March 18, 2020 22:48 UTC



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