What’s your best advice for businesses struggling with a cash crunch due to Coronavirus?

Answered by:

Marc Wiseman

Highly recommended
River Falls Media, LLC
28 Questions answered
Answered on March 26th, 2020

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#


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