As North Carolinians continue to face the health and economic ramifications of the COVID-19 pandemic, it's important to stay abreast of the various funding options that are available for small businesses that can help take the edge off these financial realities.
Scott Hamilton, President/CEO of the Golden Leaf Foundation, provides an update on the North Carolina Rapid Recovery Loan Program, and how it can be a useful tool for businesses that are looking to infuse capital at a time where uncertainty still exists in many areas of our economy. He gives an overview of loan terms, details on who can apply, and some information about modified terms that could make this loan program more workable for businesses that need to defer payment on such a product for a period of time.
Mind Your Business is produced each week thanks to a partnership between High Country Radio and Appalachian Commercial Real Estate.