As the official benefits website of the United States government, Benefits.gov increases access to information about benefits and program eligibility requirements to help citizens find government assistance.
Financial responsibilities can be difficult to handle, but depending on your circumstances, you may be eligible for financial assistance to help you with your needs.
In this edition, it is an option that entrepreneurs have who have been affected in their businesses by the pandemic of Coronavirus, according to benefits official site.
WHAT KIND OF PROGRAMS ARE AVAILABLE TO HELP MY COMPANY?
According to the US Federal Small Business Agency (SBA, for its acronym in English), more than half of Americans own or work for a small business and are responsible for creating two out of every three new jobs in the United States each year.
The SBA offers several federal programs to help finance a small business, including grants and loans.
- Grants: Federal grants are financial assistance awards to an individual or organization.
Small businesses may be eligible for grants in specialized fields, such as non-profit organizations, educational institutions, and those from state or local governments for economic development.
For more information, visit the page Grant Programs SBA or visit the federal government grants website, Grants.gov (in English).
- Loans – Loans are different from grants because they are made to an individual or organization as a personal benefit or assistance.
It is important to note that you are required to repay a loan, often with interest. The loan programs of the SBA They consist of several loan categories, such as starting and expanding businesses, disasters, export assistance, Veterans / military community, and special purpose loans.
The loans are tailored to many different scenarios that a business may experience. To explore additional types of loan offers, visit GovLoans.gov. To view additional SBA programs, explore our Loan category.
HOW CAN I FIND HELP DURING A CORONAVIRUS PANDEMIC?
During the Coronavirus pandemic, many face unexpected difficulties. We recommend that you read our articles on assistance during the pandemic, which include:
WHAT OTHER RESOURCES CAN HELP ME AT BENEFITS.GOV?
Query Help Center at Benefits.gov to browse frequently asked questions and answers and find additional information about government benefits.
Visit the section tips de Mibolsillo.us and don’t miss out on all the special content out there for you and your personal and business finances.
–
