Monthly Archives: January 2022
Are you a small business owner and looking for a grant to support your business? Our team at BRP Onesta continually looks for and list grants that are available for small businesses on our website. We also assist small business owners who are in pursuit of grants just need help.
This article adds to the Frontline Zeroes of the Pandemic - a look at those accused of PPP and EIDL fraud. Read how some got caught...
By Thomas W. Tramaglini, Managing Director at BRP Onestainfo@BRPOnesta.comwww.backofficedepot.com It is tax time and once again we have seen the IRS go after several of our loan origination clients because they reported their MCAs as liabilities (Merchant Cash Advances), not correctly accounting for the MCA as income. In some cases, […]
The Landscape of Small Business Lending Suggests Banks are Less Interested in Lending to Small Business Owners By Thomas W. Tramaglini, BRP Onestainfo@BRPOnesta.comwww.backofficedepot.com Since the Great Recession of 2008, banks have continually made it harder for small businesses to borrow money. If you are a small business owner and have […]
Several times a year we survey small business owners regarding their practices and needs and from what we learn we shape areas of our company. One thing we learned has implications for small business owners. By Thomas W. Tramaglini, Managing Director at BRP Onestainfo@BRPOnesta.comwww.backofficedepot.comthomaswtramaglini.com BRP Onesta is a company that […]
This past week the Federal Trade Commission (FTC) Banned Former Merchant Cash Advance defendants accused of what many who have worked in the industry know too well – among other things… weaponizing Confessions of Judgement and using “deceptive and illegal means to seize assets from small businesses, non-profits, and religious […]
EIDL – Did we use the funds correctly? Can and will I be audited? Many say, no but the experts suggest you better be ready for what is ahead. This is the first post in a multi-post blog regarding some of the ambiguous areas of the EIDL program which as […]