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fed assistance

Scorpio

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#1
the fed and the sba are putting out the welcome mat to take your dough in the form of 'low interest' loans,

now mind you, they just lowered rates to zero, and they are sending all people thousands of checks,

but as small business owners, you are getting the privilege of 3.75% rate on a loan for a disaster that they caused

in other words, you are 'allowed' to pay them back, after a proper financial enema on the front side,

wherein you give them all personal and business financial information, then god on high grants your request to exist, providing you bond yourself to further servitude and compensation to the king.

http://d31hzlhk6di2h5.cloudfront.ne...sources_for_Businesses_Statewide-508_3_17.pdf

https://www.sba.gov/funding-programs/disaster-assistance

It is good to be king
 

Scorpio

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#2
now mind you, these will be hugely profitable for .gov

secondly, they will own your ass everywhich way from sunday should you partake,

lastly, they are trying to 'force' dough into the system, 'force' loans into the system

this is the supposed small business support you are hearing of,

in other words, not a damn thing

you get to take loans, pay your prop taxes, pay your morts, pay your employees, utilities, and the rest of the long list,
and the workers you pay to exist, will also be getting huge $$ from .gov,
 

Hystckndle

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#3
Family Leave Act or whatever they call it, here it comes,
I have 2 summaries on the desk at the office that I looked at on Wednesday or Thursday,
( it was all a blur )
from the AGC and then also NECA who had folks meeting with Senators reps etc ...
( like it mattered what eone was trying to tell them )

So the new " rules " about if your company is larger than " X "
you have to give paid leave ( like 2 weeks, forget the #s ) to any worker ( includes our hourly types )
affected by " wrhy " etc etc etc....( i.E. not necessarily this virus )
All that stuff has to be filtered into the bottom line also,
IF there is a bottom line left,
And IF all of this does not wipe your company off the map
( nail salons, pizza joints, Chinese take out, u name it )
THEN of course...you have the options to take out a loan like Scorp is mentioning above.

Trying to sort through all of this stuff this next week.

BVCC ( Buena Vista Construction Company )
The catch all do all for WDW here in Fl. All trades.
I think they laid off 1000 to 1300 or so last week.

All these add ons coming now, holiday pay, sick leave, maternity leave, now virus leave ( may coincide with sick )
And people wonder why shop rates,
if not already 100 and hour,
Are over 100 an hour.
And this is cheap ass Florida and not the NE.

Back a little later, trying to get some stuff done before a gag order is announced.
 

anywoundedduck

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#4
So, if I have a hotdog stand, and lay myself off because my customer base evaporated, who pays for my worker compensation and medical insurance, not to mention a sustainability allowance?
 

Scorpio

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#6
just out as it is morphing,

now for small business slugs, they are stating there will be loans providing they keep the slaves working,
and the loans may be 'forgiveable'

then, the loans and any payments are going to be based on your ability to cover your own bills,

ie, financial enema first, then decision is maybe,
and in the meantime, they have absolutely everything on you, and the ability then to cross check any of that against all other reporting/report to agencies, such as taxing authorities, both at state and fed levels.
 

Hystckndle

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#7
Crikey,
the retail places could not withstand the 15 an hour jive,
the business loans " sound " like a good idea,
but who the hay wants to take on more debt " just because "
I suppose for mom and pops, family businesses'
like us, then they ( we ) have literally everything to lose.
Wow, just wow
 

anywoundedduck

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#8
Crikey,
the retail places could not withstand the 15 an hour jive,
the business loans " sound " like a good idea,
but who the hay wants to take on more debt " just because "
I suppose for mom and pops, family businesses'
like us, then they ( we ) have literally everything to lose.
Wow, just wow
As a business owner myself, I really didn't know if we could stand more than a couple of,months.
I just purchased new inventory.
Maybe, with this loan forgiveness plan, I may not have to shutter for good.
Oh well, I have a small stash of silver for a back up, so no worries.
(Mixed emotions)
 

Hystckndle

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#9
As a business owner myself, I really didn't know if we could stand more than a couple of,months.
I just purchased new inventory.
Maybe, with this loan forgiveness plan, I may not have to shutter for good.
Oh well, I have a small stash of silver for a back up, so no worries.
(Mixed emotions)
Likewise.
 

anywoundedduck

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#10
It would be my guess, that many small businesses will be going tits up if the are forced to be closed for more than a few months.
 

Zed

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#12
As a business owner myself, I really didn't know if we could stand more than a couple of,months.
There are many thousands of you in the same boat around the globe. I dunno how you bail that out without inflation and higher rates rearing their head!

This is MASSIVE.
 

Zed

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#13

Buck

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#15
but i still want an abortion...

come on Nancy, you Bitch, you Promised...
 

anywoundedduck

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#19
What you don't want to hear..."Hi, I'm from the government, I'm here to help!"...Ron Reagan circa 1970's after he switched parties.
Hi
I am the government.
We order you to close your store, so you will have no income.
And then what?
.....
 

Buck

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#20
Hi
I am the government.
We order you to close your store, so you will have no income.
And then what?
.....
Then you can stay at home and watch as Nancy tries to run the country her way...
 

Hystckndle

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#21
Hi
I am the government.
We order you to close your store, so you will have no income.
And then what?
.....
We will send to you a pamphlet with information as to how you can obtain a low interest loan
( mail only because we no onger will see people in person...we need to protect ourselves you know )
from us ( on top of the SBA loan or other financing you might already have )
so that you might continue to take all of the risks of performing business
under our watchful regulatory eyes and perhaps eek out a living for yourself and your family
for the betterment of society and also those who are not working and have never toiled or paid into the system at all
who depend on you for their very survival.
That is all, Thank You for participating in the game of life.
Have a nice day. We trust you have enjoyed your vacation courtesy of VirusesAreUs, Whuan Division.
Sincerely, the Leverage Department of the Fed Reserve.

( sarc off )
 

anywoundedduck

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#22
We will send to you a pamphlet with information as to how you can obtain a low interest loan
( mail only because we no onger will see people in person...we need to protect ourselves you know )
from us ( on top of the SBA loan or other financing you might already have )
so that you might continue to take all of the risks of performing business
under our watchful regulatory eyes and perhaps eek out a living for yourself and your family
for the betterment of society and also those who are not working and have never toiled or paid into the system at all
who depend on you for their very survival.
That is all, Thank You for participating in the game of life.
Have a nice day. We trust you have enjoyed your vacation courtesy of VirusesAreUs, Whuan Division.
Sincerely, the Leverage Department of the Fed Reserve.

( sarc off )
At least you still have a sense of humor, through all this shit.