It's Getting Ugly For Global Small Businesses

©iStock/Ponomariova_Maria

As the first wave of US aid runs short – and landlords and lenders lose patience – lawmakers are in tense negotiations over a new round of stimulus, which could include more money for global small businesses.

Most firms have already run out of the money they secured from the $600 billion Paycheck Protection Program, according to a survey released this week from the National Federation of Independent Business, a leading trade group for small US firms.

Learn more how US small businesses, especially those in the hospitality, food and retail space, face mass closures without more pandemic aid.