Today’s small businesses can search for financial relief in many forms. Grants are often preferred, since they don’t require repayment or lengthy waiting periods. However, rotating loan programs and tax credits can also provide many benefits. Here’s a selection of various financial relief programs currently available for businesses around the U.S.
Sac4SmallBiz Small Business & Nonprofit Grant Program
Sacramento County, California is dedicating $7.5 million of its American Rescue Plan Act funds to a small business grant program. Sac4SmallBiz’s Small Business & Nonprofit Grant Program will provide $10,000 grants to eligible small businesses and nonprofits throughout the county that were negatively impacted by the pandemic. Funds must be used for eligible expenses, but the money does not need to be repaid. Applications are open now and are due by August 31.