As part of Governor Doug Ducey’s Arizona Back to Work Plan, the State of Arizona launched the Back to Work Small Business Hiring and Retention Program to help small, locally owned, or operated businesses hire and retain employees. The grant program funds up to $10,000 in expenditures for employee hiring and retention efforts. There is […]
Financial barriers and struggles are no stranger to small businesses. These challenges can many times have devastating impacts on these businesses leading to closures, downsizing, and restructuring. One of the most harmful financial issues for small businesses is high-interest debt that comes in the form of loans, credit cards, or merchant cash advances (MCA’s). These […]
Are you a small business in need of financial and technical help? If you are, did you know that there is a multitude of resources available through your City, County, State, and even some Federal programs? The availability of these resources has actually increased substantially throughout the pandemic, further shedding a light on the impact […]
This month, we spoke to Prestamos Business Advisor Pedro Alvarez to get his take on a special topic of interest for the small business and nonprofit community. Pedro discusses how the current landscape, affected by the pandemic, has affected hiring and offers tips when recruiting for your organization. From retention to effective outreach, we chat […]
Preliminary economic data from US Federal Government is showing a spectacular recovery with an estimated growth of 6.4% GDP for the first quarter of 2021. Additionally, other sources estimate that consumer spending is skyrocketing at 10.7 in Q1 of 2021. That is good news for your small business because it means that the average consumer […]
Chicanos Por La Causa Selected by the U.S. Small Business Administration to Operate a Women’s Business Center PHOENIX — The U.S. Small Business Administration (SBA) announced grant awards that would support the launch of 20 new Women’s Business Centers across the United States, with Chicanos Por La Causa, Inc. (CPLC) being one of the recipients […]
PHOENIX — A much-needed $5 million “shot in the arm” from philanthropist MacKenzie Scott will enable Chicanos Por La Causa Prestamos CDFI to infuse crucial capital into Latino and other underserved communities. Prestamos, CPLC’s mission-driven lending division, will seek to leverage the $5 million award to garner an additional $20 million in accessible capital for […]
Prestamos CDFI Convenes Group Of Key Players and Local Latino Owned Business To Discuss Challenges They Face Small businesses are the heart and soul of any community. While being responsible for keeping the economy afloat, they provide much more than monetary value. Small businesses are also responsible for shaping and molding the culture of a […]
Looking for a list of resources to help your business during this time of COVID19? Here is a list of bootcamps, guides, loan assistance resources, education, unemployment & other HR resources, workplace prep & safety, and many other information based assets.
Support for Your Children in Arizona You have many responsibilities, but maybe one of your most important roles is being a parent. We hope you find value and support via this list of resources below. Tips for managing stress in your child in the home: Tips for talking with young children about coronavirus Helping Children […]
