small business

A collection of 254 posts

government news Featured

When Will The Fed Raise Interest Rates?

The Federal Reserve plans to begin scaling back its low-interest policies as employment increases. Here is how employment affects the interest rate and when rates could go up.

eidl Featured

SBA Receives Tax Transcripts To Speed Up EIDL Loan Processing

In SBA Economic Injury and Disaster Loan (EIDL) news, the IRS has provided thousands of new tax transcripts to the SBA to help finalize pending EIDL loan increase applications. For the hundreds of thousands of small business owners still waiting for EIDL increases, this is big news. We go into

small business Featured

5 Ways to Make Your Business More Resilient

The pandemic has caused businesses across the world to rethink their strategy and delivery model. Here are five steps you can take now to make your business more resilient.

small business Featured

Businesses, Renters, And Landlords Still Need Assistance

Only 10% of the federal rental assistance pool has been distributed, leaving renters and landlords in great need. Meanwhile, most businesses need additional funding as well.

eidl Featured

Surveys Indicate Businesses Are Still Waiting On EIDL Funding

The SBA announced last week that the EIDL backlog was cleared. According to our surveys, businesses are still waiting to be approved or hear back from the SBA. Here is the data we collected.

small business Featured

How To Get 10% More Customers Using Social Media

In this article, we share data that we collected from our users and highlight five ways to increase your customers by 10%.

eidl Featured

Why You Should Check This Before EIDL 2.0

Before requesting an additional loan increase through EIDL 2.0, check your loan balance and expected payments. Here's how to do it.

eidl Featured

2 Million EIDL Loan Limits Have Still Not Been Announced

This week, we expected the SBA to announce "EIDL 2.0" [https://helloskip.com/blog/exclusive-2m-eidl-loan-cap-go-live-details/?ref=SkipBlog], their latest version of the EIDL loan program to help millions of small businesses. This change to the disaster loan program is set

small business Featured

3 Reasons Your Business Needs A Social Media Presence

Having a social media presence for your business is essential if you want to reach the 4.2 billion people who use it. Here are three reasons to convince you.

small business Featured

How To Grow Your Business Using Google, Trustpilot, and Yelp

Reviews are critical to the success of your business and they act as a form of marketing. Google, Trustpilot, and Yelp are three major places consumers leave reviews. Here's how to create your accounts.

eidl collateral

What Are SBA EIDL Collateral Options for Loans Over $500K?

In anticipation of the SBA announcing [https://helloskip.com/blog/exclusive-2m-eidl-loan-cap-go-live-details/?ref=SkipBlog] "EIDL 2.0" on Monday August 16th, our team took a closer look at possible EIDL collateral options for new loans over $500,000. In this quick post,

eidl loan increase Featured

Here's How to Calculate your Potential EIDL Loan Increase

Good news for small business owners. The SBA increased EIDL loans to $2M. Find out how to calculate your potential increase.

small business

Attract More Customers For Your Business In 8 Proven Steps

In order to obtain new customers, your business needs to be found. Here are eight steps you can take this week to get your name out there and bring in new customers.

budget Featured

How Could the $3.5 Trillion Budget Affect You?

On Wednesday morning, the Senate put forth their blueprint for a $3.5 trillion budget for 2022. Here is how the budget could affect you if it passes as is.

grants premium

Small Business Grants and Loans Roundup, August 12th

In today's small business grants and loans roundup, we have a $10K grant for businesses who sell on eBay, a $100K grant for women-owned businesses, and we highlight several grants and financing options that accept applications on an ongoing basis.

eidl loans Featured

Exclusive: $2M EIDL Loan Cap Go Live Details

Today we've heard from multiple sources — with confirmed screenshots — that the SBA plans to launch "EIDL 2.0" the week of August 16th, which will allow for EIDL loans of up to $2 million, replacing the current $500,000 cap that has been in place since

SVOG Featured

SBA Announces Supplemental Grants for SVOG Program

Today, the SBA announced [https://www.sba.gov/article/2021/aug/11/sba-announces-plan-open-supplemental-grants-shuttered-venue-operators-grant-applicants] new Supplemental Grants for Shuttered Venue Operator Grant recipients as nearly $8 billion remains available to assist various types of venues. We've recapped today'

eidl loan increase Featured

When Will The SBA Increase the EIDL Limit to $2 Million?

The SBA has repeatedly said that they are working to raise the limit to $2 million. Here's when it could happen.

eidl fraud Featured

What Does EIDL Fraud Look Like?

Recently, we highlighted parts of the Government Accountability Office (GAO) 100-page report on the EIDL program. In this post, we unpack the occurrences of fraud with the EIDL program.

eidl

Investigative Report on SBA EIDL Loans

Last week, the Government Accountability Office (GAO) released a 100-page report [https://www.gao.gov/assets/gao-21-589.pdf] on the Economic Injury and Disaster Loan (EIDL) program, primarily recommending improvements in communication by the SBA to applicants and fraud-prevention measures. Here's a summary of

eidl Featured

Can You Still Receive A Targeted EIDL Grant?

Earlier this week, the federal government repurposed over $17 billion from the Targeted EIDL grants for the new infrastructure proposal. Can businesses still receive the Targeted EIDL grants?

small business

Can Kickfurther Help You Grow Your Business?

Kickfurther has an innovative solution to your inventory financing needs. We will explain what Kickfurther is, how their process works, and which businesses could benefit from using Kickfurther.

eidl loans Featured

New EIDL Loan Rules Posted by the SBA

The SBA has released its most comprehensive list of rules and FAQs on the COVID EIDL loan program to date. Below is a video run-through of important changes and updates in the document.

eidl loans Featured

Step-by-Step Guide On How EIDL Loans Are Being Approved Now

The SBA increased its capacity to process EIDL loans from under 2,000 per day to nearly 40,000 per day. In this article, we share exclusive information explaining how this occurred.

ppp loan forgiveness Featured

Step-by-Step Guide To New Direct PPP Loan Forgiveness (+ Lender Request)

The SBA has launched their direct PPP loan forgiveness portal today. Over 500 lenders have already opted in. Below is a step-by-step video on how to apply for direct PPP forgiveness at directforgiveness.sba.gov [https://directforgiveness.sba.gov]. *If you want us to email your lender to