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small business

Banking Relationships: How and Why?

A bank can be a lifeline when times get tough for your business, but it may be difficult to get a loan if the bank doesn’t know you or trust you. Building that trust can be the difference between rejection or a line of credit. Having a banking relationship is just good for business.

COVID-19 Small Business Resource

COVID-19 Small Business Resource The coronavirus has quickly spread into a global pandemic. Governments have taken drastic measures to encourage social distancing. Along with anxieties about contracting and spreading disease, millions of people who were already struggling or living paycheck-to-paycheck face new uncertainties about their financial security. Many organizations and governments have responded with resources …

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NCRC Statement on New PPP Flexibility Act

This week, the Senate passed the Payment Protection Program (PPP) Flexibility Act, already passed by the House in May, sending the bill to the president, who is expected to sign it into law. While the act makes necessary improvements to the PPP, more needs to be done to ensure money is going to minority and women-owned businesses and the smallest small businesses.

NCRC: The New CARES Act Doesn’t Care Enough

Today, the House of Representatives joined the Senate and passed a $484 billion emergency relief bill, including a $321 billion infusion for the Paycheck Protection Program, the small business rescue fund that ran out of money last week.