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I'm a small business owner. Normally the SBA is useless but these are extraordinary times.Owners don't get to stand in the Unemp line, crumbs from the Gub'Mit won't keep us afloat, SBA loans are a predatory joke, and the taxman is still beating on our doors
Shut down the economy -- over 600 deaths?There you have it, Bill Gates, a real Billionaire unlike Trump, understands the SCIENCE and understands Trump failed in January which has produced a mess where we need to be shut down for an extended period of time.
The shutdown is a 4th Amendment taking of property. Cuomo needs to pay every business he's shutdownMy biz won't exist if i sit on my a** for a month
Nor will most my peers
Owners don't get to stand in the Unemp line, crumbs from the Gub'Mit won't keep us afloat, SBA loans are a predatory joke, and the taxman is still beating on our doors
and quite frankly i'm tired of public officials (all of whom get a free pass) telling the private sector (none of which do) to lockdown
maybe if we had actual leaders who were in our shoes, they'd understand
~S~
Congress just reached an agreement to provide 350 billion to small business
Cuomo gets paid no matter how isolated he isCuomo needs to pay every business he's shutdown
Who's celebrating? We're all just trying to surviveCongress just reached an agreement to provide 350 billion to small business
So we're going to be in debt to our detainers?
Not exactly something to celebrate Lesh...
~S~
WHAT IN THE FUCK IS THIS! It is one thing to have intelligent people rule the world from behind the scenes, but these filthy scumbags cannot even speak English and they actually savor their anti-Western accents!
Folks in October 2019 Bill Gates, the dude that ripped off Apple's idea for an operating system, and these other weirdos did a fucking dress rehearsal for this bullshit!
I have a business that has high overhead and a load of debt (we were four months away from paying off the bulk of our loans...sigh). A long term low interest loan big enough to pay off those debts and pay rent and keep the lights on etc...would leave me able to run when this finally blows over. It would actually reduce my debt load.Congress just reached an agreement to provide 350 billion to small business
So we're going to be in debt to our detainers?
Not exactly something to celebrate Lesh...
~S~
Every man for himselfBill is free to shut down his own business as long as he likes ...
... when it comes to mine ... he can respectfully STFU.
And what makes him qualified to give such advice?There you have it, Bill Gates, a real Billionaire unlike Trump, understands the SCIENCE and understands Trump failed in January which has produced a mess where we need to be shut down for an extended period of time.
I didn't know Gates had any interest in the US. Every time I read about him he was giving aid to Africa.
I'm a small business owner. Normally the SBA is useless but these are extraordinary times.Owners don't get to stand in the Unemp line, crumbs from the Gub'Mit won't keep us afloat, SBA loans are a predatory joke, and the taxman is still beating on our doors
A large, long term, low interest loan would keep me alive. It would allow me to pay my rent and utilities, my suppliers,my creditors, my rent...and my employees.
Congress just reached an agreement to provide 350 billion to small business
I have applied for an SBA loan. It would be at 3.75%. That may be waived or forgiven (we'll see) but a large enough long term loan at 3,75 would keep me alive.I'm a small business owner. Normally the SBA is useless but these are extraordinary times.Owners don't get to stand in the Unemp line, crumbs from the Gub'Mit won't keep us afloat, SBA loans are a predatory joke, and the taxman is still beating on our doors
A large, long term, low interest loan would keep me alive. It would allow me to pay my rent and utilities, my suppliers,my creditors, my rent...and my employees.
Congress just reached an agreement to provide 350 billion to small business
If it will be low interest.
And 350 Billion isn't much and we all know the lion's share of that will go to the people who need it the least
3.75% when the fed has the interest rate at zero.I have applied for an SBA loan. It would be at 3.75%. That may be waived or forgiven (we'll see) but a large enough long term loan at 3,75 would keep me alive.I'm a small business owner. Normally the SBA is useless but these are extraordinary times.Owners don't get to stand in the Unemp line, crumbs from the Gub'Mit won't keep us afloat, SBA loans are a predatory joke, and the taxman is still beating on our doors
A large, long term, low interest loan would keep me alive. It would allow me to pay my rent and utilities, my suppliers,my creditors, my rent...and my employees.
Congress just reached an agreement to provide 350 billion to small business
If it will be low interest.
And 350 Billion isn't much and we all know the lion's share of that will go to the people who need it the least
And yes...$350B is short...but Republicans thought it more important to give $500B to corporations...who employ about half the number of people that small businesses do...
It "should be" and maybe will...but at 3.75...I have worked the numbers and it will work3.75% when the fed has the interest rate at zero.
It should be .5% interest on those loans
It "should be" and maybe will...but at 3.75...I have worked the numbers and it will work3.75% when the fed has the interest rate at zero.
It should be .5% interest on those loans
I don't know about you but I'm a prepper nowThe great depression lasted about 10 years. Back then people relied much less on autos and many, if not most, people around the world grew food, hunted, fished, had their own water sources,home concocted meds(nobody much took anything then).Root storage, canning, outhouses,oil lamps, wood stoves
Today ?
We can't take another week of this or it will be absolute catastrophe.My biz won't exist if i sit on my a** for a month
Nor will most my peers
Owners don't get to stand in the Unemp line, crumbs from the Gub'Mit won't keep us afloat, SBA loans are a predatory joke, and the taxman is still beating on our doors
and quite frankly i'm tired of public officials (all of whom get a free pass) telling the private sector (none of which do) to lockdown
maybe if we had actual leaders who were in our shoes, they'd understand
~S~
Life isn't fair. But as a pragmatist...what works mattersIt "should be" and maybe will...but at 3.75...I have worked the numbers and it will work3.75% when the fed has the interest rate at zero.
It should be .5% interest on those loans
Yeah who cares if the SBA is making more than15 times the going interest rates of 0% -.25%
