China’s loans to poor countries in Africa and Asia impose unusual secrecy and repayment terms that hurt their ability to renegotiate debts after the coronavirus pandemic, a group of American and German researchers said on Wednesday in a report. He echoes warnings about problems with Chinese loans, which exploded after Beijing launched its Belt and […]
Monthly Archives: March 2021
The Small Business Association (SBA) announced that starting April 6, small businesses and nonprofits can apply for up to two years of relief with a maximum loan amount of $500,000. the COVID-19[female[feminine The Economic Disaster Loan Program (EIDL) offers businesses 30-year fixed rate loans providing capital for rent, health benefits, utilities and debt repayment. However, […]
Federal disaster loans to help small businesses, nonprofits and farms survive the coronavirus pandemic are being increased to a maximum of $500,000 per applicant from the current $150,000, officials said Wednesday. responsible. The change to the US Small Business Administration’s Economic Disaster Loan, or EIDL, program will take effect April 6, the agency’s new administrator, […]