Providence Business News

Applications at the moment are open and small businesses can apply by way of RangeMe’s product discovery platform right here. The U.S. Treasury introduced new details about a State Small Business Credit Initiative, a $100 billion lending program that may supply funding to eligible small businesses. The initiative is being funded as part of the $1.9 trillion federal coronavirus relief stimulus package deal enacted in March. Eligible small companies will be in a position to apply for funds by way of a local collaborating lender, and funding can be used for something from equipment costs to hiring fees. Though precise deadlines have yet to be introduced, more state-specific info is available on the Treasury’s web site. Department of the Treasury announced the launch of its 2021 State Small Business Credit Initiative portal.

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