Looking for long-term, low-interest, fixed-rate practice financing (or refinancing)? If so, a COVID-19 Economic Injury Disaster Loan (EIDL) from the SBA may be your answer. Under this program, which runs through December 31, 2021, your practice can receive a loan repayable over a 30-year term, at a fixed interest rate of only 3.75%.
Recently, the U.S. Small Business Administration (SBA) announced major improvements to the EIDL program, as it seeks to dole out more than...
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