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Smeal College Of Business

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Or, they may count on you to combine the grant with other types of financing, such as a mortgage. In these programs, you’ll apply by making a mortgage package deal with a participating lender. The federal government will guarantee a portion of the mortgage and will repay the lender when you default. This government assure reduces the danger to the lender and increases the chance of a loan being supplied. An Economic Injury Disaster Loan helps small businesses and nonprofits that are dropping cash in the course of the coronavirus pandemic and that want funds for financial obligations and working expenses. Learn about emergency loans and tax reduction available to businesses through the …

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