Applying for small business loans has been tough. But not for these people

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इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Applying for small business loans has been tough for many. But not for these people — here's why.

The Paycheck Protection Program, which offers up to $349 billion in forgivable loans to small-business owners, opened April 3 with delays and frustration.

These entrepreneurs appear to have something in common: relationships with representatives inside their bank who helped guide them through the process.Sprung, the president of Mitlin Financial, based in Hauppauge, New York, applied for a $50,000 loan on April 3, the day banks began taking applications.

Sprung has both business bank accounts and existing credit with Bank of America, providing him with an immediate advantage since many banks initially prioritized such customers.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 12. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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