Financial support may be available through relief programs from the SBA, including, Disaster Recovery Loans and others. Truist can help you explore these and other bank loan options. Some localities offer aid programs as well.
Take advantage of the payment terms provided by your suppliers to stretch outgoing cash. Use business credit cards for extended terms on purchases. With reduced demand, you may be able to lower inventory and free up funds.
With thoughtful step-by-step planning exercises and action items, the Small Business Recovery Workbook is the perfect companion to this guide.
Use it to organize all your ideas and goals in one place—so you can focus on the big picture and your next steps.
