“The business cases for expansion are tougher to make with higher rates - for capital, labor, or anything else - and they should be. But this doesn’t mean every scenario is dead.”

“ I really do feel as if I’m in withdrawal. It is extremely difficult not to open my email box throughout the day and take a sneak peek. When my phone pings, I need to know: Is it important?”

“The problem weighing on me back then is precisely the same problem weighing on me now. In the three months that have passed, I have not moved the needle. “

Fortunately, the Covid crisis has passed. Sadly though, it doesn’t seem as if the SBA has learned the right lessons from this experience.

“Len recognizes that his office manager’s skills are limited, which is why he often finds himself facing cash-flow problems. When this happens, the fear can be crippling.”

“Many entrepreneurs find themselves trapped. They know what steps they need to take next, but they’re unable to make the decision. I advise taking a deep breath and seeking assistance to make sure you grasp your financials.”

Ami Kassar says “Applying for an SBA loan should be hard, but Congress doesn’t seem to understand that: “Congress needs to recognize that there’s already a massive industry that offers financing to any business owner enticed by quick cash and a simple application process.”