‘I don’t know how small businesses are doing it’: One owner’s struggle to apply for a loan

Ten days after banks began accepting loan applications from small businesses hurting from the coronavirus pandemic, Israel Shaked was still trying to file his request.

“The process is very, very lengthy,” said Shaked, who is the owner of a consulting firm and a finance professor at Boston University. He’s trying to secure a $200,000 loan from Bank of America.

“There’s very little guidance,” he…

View On WordPress

Sponsored


Discover more from USNewsRank

Subscribe to get the latest posts sent to your email.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

0
Would love your thoughts, please comment.x
()
x