The president just signed the $484 billion stimulus bill however according to banks most of that money will be gone in matter of days, however about $60 billion of the monies will be set aside for businesses that don't have an established banking relationship i.e. rural and minority-owned businesses and will be allocated to smaller banks and credit unions to lend out. So if you haven't applied, put your applications soon with participating community banks and/or credit unions

For small business owners, non profits, and more.... May 1st is just around the corner which means another commercial lease payment will be due. So if: -You didn't receive any of the SBA relief funding or any local community funding -You didn't seek or agree to a longer short term rental payment relief plan -Your revised business plan hasn't gone according to plan to generate revenue -Or simply haven't spoken with your Landlord due to fear or a belief your cash reserves will

After listening to several discussions with LL, LL reps, attorneys, PM's over past several days, here are few take aways for business owners leasing space: If you were able to pay April's rent, you should, if you haven't already, start having an open & collaborative dialogue about rent relief & different relief structure. Some landlords are willing to offer relief but it won't be w/o something in return i.e. executing a renewal option early or adding months to your original t