The obvious first stop for your business when seeking financing for working capital, growth or expansion, is your bank. This is the same institution into which you have been making your deposits, from which you have made your payments and with which you have built a great relationship.

Healthcare businesses are in the direct line of fire against the raging COVID-19 pandemic. From the time people infected with the coronavirus start feeling sick, to when they are admitted for care, they are likely to have come in contact with a number of healthcare businesses and workers.

The Coronavirus Aid, Relief, and Economic Security (CARES) Act has now been signed into law. It includes $367 billion in SBA guaranteed loans to help small business owners weather the storm of the current economic crisis resulting from the COVID-19 pandemic.

Healthcare and hospitality are among businesses hardest hit by the COVID-19 pandemic. Resources are stretched thin in senior care and rehabilitation centers, hospitals are struggling to cope with COVID-19 victims while accommodating the urgent medical needs of other patients, and there are concerns about physician office visits.