Business owners have some options for financial assistance available to apply to now, and others that will be available shortly.
There can be no duplication of use of funds among all of these federal and state programs. Keeping very detailed records of your actions (as noted below) is paramount. As these programs are defined and delivered, we will have an understanding of how the programs interrelate (work together in concert and impact each other). At this point, they do not have complete information on that.
Please note that changes from Disaster Lending 1401 are highlighted in yellow. If this is your first time receiving the document we suggest reading the entire document. And always re-read any sections that are relevant to your business in their entirety.
Read the full article here on the Vermont Small Business Development Center’s website.
The Vermont Small Business Development Center (VtSBDC) offers no-cost expert assistance to small business owners and entrepreneurs. The VtSBDC works to positively impact and strengthen established businesses and start-ups throughout Vermont. As an organization, they help Vermonters: create jobs, secure capital for their businesses, build wealth in their businesses and grow the local economy.