Topic: small business

How dealers can take advantage of small business financial support during COVID-19

Posted by Sarah Pekala on April 2, 2020

Most dealers have been feeling anxiety over what this COVID-19 pandemic means for their business and employees. On March 27, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. The $2 trillion CARES Act includes financial relief for individual Americans, as well as small businesses across the country. In addition, the Coronavirus Preparedness and Response Supplemental Appropriations Act, passed into law on March 6, provides an additional $8.3 billion in emergency federal funding.

With these new financial relief acts in place, where do you start? Here’s a quick rundown of the financial resources available and how to get started seeking the support you deserve.

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Topics: covid-19, small business