The government has recently approved a program that will allow businesses decimated or hurt by the Coronavirus to obtain Small Business Administration Loans or SBA Loans to stay afloat. These loans come at a very timely period for Podiatrists, who are in financial trouble due to being unable to open their office and see patients. How does one go about getting one of these loans?
Well Podiatrists should be very prepared and have a good application. The fact of the matter is Podiatrists will be behind factories, restaurants, primary care doctors and a host of other small businesses. Podiatrists will probably not be a priority for the SBA to bail out due to the Coronavirus. So how does one prepare for one? Well the short answer is go to the bank and talk to someone qualified. However with quarantines that is exceedingly difficult for Podiatrists.
Here are two simple books you can read that should help you prepare for the process:
If you don’t want to do it through books and want websites that have easy to use guidelines on how to do it there are a couple out there that make it very easy.
Kapitus is one that I would recommend. They deal with Small Businesses all the time.