SMACNA members who are concerned about cash flow can draw from government programs now and in record amounts with less documentation and increased funding. The resources have been endorsed by the White House.
Capital Access incidents can strain a small business's financial capacity to make payroll, maintain inventory and respond to market fluctuations (both sudden drops and surges in demand). Businesses should prepare by exploring and testing their capital access options so they have what they need when they need it.
The SBA has provided the following information for small business owners to navigate these uncertain times
- Economic Injury Disaster Loan Program
- uidance for Businesses and Employers
- SBA Products and Resources
- Government Contracting
For more information, visit U.S. Small Business Administration (SBA).