COVID-19 & the Small Business Effect

In what seems just like a few days, the wake of COVID-19 has completely changed the way we do business and how we go about our regular routines. With the threat of closures, isolation and quarantines, knowing what to do to keep your business safe and profitable can be very stressful.

Brio Brokers is committed to staying abreast of the local business environment to ensure you have resources available to you during this time of uncertainly.  As shifts are made to prevent and mitigate this health outbreak, inevitably small businesses will be effected, not just locally, but on a global scale. Latest news & information and links to valuable resources MONDAY 3-16-2020New Restaurant & Bar Restrictions BUSINESS COACHES:  Words of Advice US CHAMBER OF COMMERCE:  This article that can help small businesses better prepare for what is ahead:   CLICK HERE

LOAN PROGRAMS

BUSINESS LOAN GUARANTEE PROGRAM:

Loans to Keep Your Business Going During These Difficult Times


State Assistance: The New Mexico Economic Development Department has created a program to assist businesses seeking emergency loans or lines of credit to deal with negative economic impacts from COVID-19. Read More HERE.


Federal Assistance: On March 12, the Small Business Administration (SBA) announced up to $2 million in disaster assistance loans. These are low-interest loans that can be used for payroll, accounts payable, to pay fixed debts and other bills that can't be paid because of a disaster's impact to the business. Read More HERE.

DOWNLOADABLE RESOURCES Released by the Albuquerque Economic Development Department, here is a resource for business aid.   CLICK HERE Small Business Guide - CLICK HERE For best practices to minimize your risk of illness, and for up-to-date information about COVID-19, please visit the following sources: Centers for Disease Control & Prevention World Health Organization New Mexico Department of Health


Please use common sense and good judgement as you navigate your next moves. And staying safe and healthy is the main priority!


Jeannie Randolph

Business Broker | Owner

Brio Brokers Group



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