Published July 09, 2020
Federal funding like the Economic Injury Disaster Loan (EIDL) or Paycheck Protection Program (PPP) can help many small businesses that are struggling during the Covid-19 pandemic. But some businesses might need to consider nongovernmental options.
Organizations like SCORE, a nonprofit formerly known as Service Corps of Retired Executives, can help identify public or private funding. “The first step is deciding what they need the funds for because that’s going to impact the options they have,” says Ken Alozie, managing director...