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EIDL Program

Lawfecta

Apply, and you could get up to $150,000 in funding for your small business. It’s meant to provide relief to small businesses affected by Coronavirus. Interest rate: 3.75% for small businesses (2.75% for non-profits). Here’s what you need to know. What is the EIDL? Loan term: 15-30 years.

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How to Survive a Recession with Bookkeeping

Lawfecta

Many small business owners remember 2008 all too well, and with a COVID-induced downturn on the horizon, it’s hard not to feel anxious. Luckily, there are steps you can take to prepare your business for the recession ahead. Meaning, its become easier to get a low interest loan for your small business.