Financial Resources for your Senior Care Business
Financial Resources for your Senior Care Business

Resources for your senior care business.

This is new for us all.

Finding ways to navigate our new norm and the uncertainty ahead can be overwhelming. Managing a business amidst it all is even more so. To help, our team put together a list of resources to support your business through this challenging time.

Courtesy of Animoto.com

DISASTER ASSISTANCE LOANS FROM THE SBA

As of early March, the U.S. Small Business Administration (SBA) has made disaster relief loans available to qualifying small businesses. SBA’s Coronavirus (COVID-19) Disaster Relief Lending is set up to help alleviate economic hardship, and can be used to pay fixed debts, payroll, accounts payable, and other bills that cannot be paid due to current circumstances. More guidance for small businesses seeking relief loans can be found on the SBA coronavirus resource page.

LOAN ADVICE AND ASSISTANCE FROM SCORE

SCORE, the nation’s largest network of volunteer, expert business mentors, is offering centralized support with the SBA loan application process, and much more. The mentors at SCORE can work remotely to help you find the right financing options, and keep your business moving forward.

CASH GRANTS AND AD CREDITS FROM FACEBOOK

Facebook is providing $100 million in cash grants and ad credits to 30,000 businesses affected by the crisis. Applications are set to open in the upcoming weeks. You can find more information and sign up to stay updated here.

TAX FILING AND PAYMENT RELIEF FROM THE IRS

The Treasury Department and International Revenue Service have extended the tax filing deadline for both individuals and businesses from April 15, 2020 to July 15, 2020. The extension applies to Federal income taxes, whereas State filing and payment deadlines vary. More information is available on the IRS website at the link above.

FREE ADVERTISING PRODUCTS AND SERVICES FROM YELP

Last week, Yelp announced that they will be offering $25 million in the form of waived advertising fees, free advertising, products, and services. The relief program will primarily support local restaurant and nightlife businesses. To find out more, visit their COVID-19 Support and Response page.

LEGAL RESOURCES AND WEBINARS FROM NFIB

The National Federation of Independent Businesses, a small business special interest group, has made webinars, legislative resources, and other pertinent information available. You can read their latest updates regarding small businesses on the NFIB website.

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