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Back-to-Work Small Business Hiring and Retention Program

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 […]

How To Manage High Interest Debt

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 […]

Hiring During A Time of Uncertainty

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 […]

This Summer Your Business Will Shine

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 […]

$5 Million Award Will Help Invest in Underrepresented Communities of Color

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 […]

List of COVID Resources

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

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 […]