U.S. Seeks to Ease Small Business Loan Process, but Startups Fear Being Shut Out

United States News News

U.S. Seeks to Ease Small Business Loan Process, but Startups Fear Being Shut Out
United States Latest News,United States Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

New Treasury guidance seeks to expand eligibility for companies to receive financial assistance to help cover payroll expenses over the coming months

Federal regulations can make it harder for companies with private-equity or venture-capital backers to qualify as small businesses because they can consider all firms controlled by a single investor as one entity under so-called affiliation rules.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Faster Coronavirus Testing May Help To Ease Results BacklogFaster Coronavirus Testing May Help To Ease Results BacklogOne of the nation's biggest medical testing companies acknowledged a backlog of at least 115,000 coronavirus tests, illustrating how the nation is struggling to test effectively during the pandemic.
Read more »

Chinese struggle to return to work as virus controls easeChinese struggle to return to work as virus controls easeWUHAN, China (AP) — After two months in locked-down Wuhan, Wei Lei was eager to get back to work on a railway construction site. Instead, the 22-year-old found himself stranded at an expressway...
Read more »

Should millionaire soccer stars take a pay cut to ease coronavirus pain?Should millionaire soccer stars take a pay cut to ease coronavirus pain?After mounting pressure, top soccer clubs in the UK say Friday they would ask their players to take a 30% pay cut as the sport grapples with the coronavirus pandemic.
Read more »

100,000 tourists stuck in New Zealand to leave as rules ease100,000 tourists stuck in New Zealand to leave as rules easeWELLINGTON, New Zealand (AP) — About 100,000 tourists stuck in New Zealand since it began a lockdown last week were starting to fly to their home countries Friday. The initial problem for...
Read more »

Four Canadian banks cut credit card interest rates to ease coronavirus impactFour Canadian banks cut credit card interest rates to ease coronavirus impactToronto-Dominion Bank, Royal Bank of Canada , National Bank of Canada and Canadian Imperial Bank of Commerce said on Friday they are cutting interest rates on credit cards to provide relief to customers affected by COVID-19 pandemic.
Read more »

Spain to ease economic restrictions, won't give up on 'coronabonds': PMSpain to ease economic restrictions, won't give up on 'coronabonds': PMPrime Minister Pedro Sanchez said on Saturday Spain would ease the economic restrictions imposed under Spain's state of emergency after the Easter holidays, even as the overall lockdown would be extended until midnight on April 25.
Read more »



Render Time: 2025-03-04 12:05:07