Bonus Episode: Coronavirus News and Industry Bailouts
After Hours
00:00
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.
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