After Hours cover image

Bonus Episode: Coronavirus News and Industry Bailouts

After Hours

CHAPTER

Is There a Bail Out for Small Businesses?

50% of employment in the united states is small business. The way an economic injury loan works is you show me that your cash flow drop by more than x % as a result of the corona virus. And then you basicly repay it quickly if you're doing well, and you bounce back quickly, and you repay it really, really slowly if you're not doing well. I really think speed is, in the end, what will create the greater degree of certainty and make the recession much less terrible than it otherwise would be.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner