PAYCHECK PROTECTION PROGRAM (PPP) INFORMATION SHEET LENDERS Who is eligible to lend? All existing SBA-certified lenders will be given delegated authority to speedily process PPP loans. All federally insured depository institutions, federally insured credit unions, and Farm Credit System … [Read more...]
5 Things to Know About Guaranteeing Your Company’s Debt
By Barbara Weltman: When your company needs financing, it may be difficult or impossible to obtain it unless you give your personal guarantee. This means if the company fails to pay its debt, you’re on the hook. Obligations for which you may be asked for your unsecured promise to pay if the … [Read more...]