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Juvo - Loans for Small Businesses Now Available from Federal Reserve

Loans for Small Businesses Now Available from Federal Reserve

By Business Finances, Small Business

On October 30, 2020, the Federal Reserve Board announced changes to the Main Street Lending Program to benefit a wider range of people. Previously reserved for larger businesses and government organizations struggling financially due to COVID-19, the Main Street Lending Program now offers federal loans to non-profits and smaller businesses as well. This is just one of several changes the Federal Reserve made to the…

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Three Steps to Improve the Likelihood of Business Loan Approval

By Business Finances

Like many small business owners, you may occasionally find yourself short on working capital and in need of a business loan. If so, the time to start preparing to apply for a business loan is before you begin researching lenders. Preparation starts by reviewing a copy of both your personal and business credit files. Know Your Credit Score Experian, Equifax, and TransUnion, the three major…

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