What’s your best advice for businesses struggling with a cash crunch due to Coronavirus?
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I found this information on the Bethesda Chamber of Commerce website:
Maryland COVID-19 Emergency Relief Fund Programs for Businesses
Maryland has authorized $130 million in loan and grant funding for small businesses and manufacturers that have been negatively impacted by the Coronavirus (COVID-19). This emergency assistance provides interim relief and proceeds that can be used to pay cash operating expenses including payroll, suppliers, rent, fixed debt payments and other mission critical cash operating costs.
If you are a Maryland-based business impacted by the Coronavirus with under 50 full- and part-time employees, or a Maryland manufacturer, check out the programs here: https://docs.google.com/document/d/1MJ3NqmX41YFcBaiRgpbDK9OTgk5G9qICbNdWl9El5mo/preview#