Hi!

Hi all - as resources are mentioned I will do my best to pop a link into the chat

Just wanted to share with you all the Government of BC has just published a doc listing all the current resources and supports for small business owners: https://smallbusinessbc.ca/wp-content/uploads/2020/03/COVID-19-Small-Business-Supports.pdf

sbbc.co/digital-meetup

Feel free to show your face via webcam if you are comfortable doing so :)

Latest resources list, updated as each resource comes online: https://smallbusinessbc.ca/article/resources-for-small-businesses-affected-by-coronavirus-covid-19/

askus@smallbusinessbc.ca

if you are questions re:digital meetup, my email is wang.ruby@smallbusinessbc.ca

if you have questions or comments, please raise your hand (participant tab on the left side beside your name) and we will allow you to talk in sequential order!

a roundup of the current financial resources available: https://smallbusinessbc.ca/article/financing-options-for-businesses-impacted-by-covid-19/

If one is not a BMO client how do non-clients access your relief services?

HI Panelists... I just want to confirm. I may have missed it. BMO is offering to defer only the principal portion of amortized loans, but will still require the interest only portion to be paid monthly? Are you also offering to have Principal and Interest payments deferred for up to 6 months?

If one takes advantage of the relief mesayre you are implementing, will there be an impact on credit rating?

https://www.canada.ca/en/department-finance/programs/financial-sector-policy/business-credit-availability-program.html

link to the BCAP program

BDC is horrible to deal with just an FYI even if the goverment is making them behave themselevs

Thank you for mentioning the BDC streamlined process however it must be noted that the applicant guidelines are extremely strict and require a 700+ credit score and have been in business for 2 + years....what is available for businesses that don't meet this criteria

this is suppose to help us not streamline the help this is a crock. we will give you money but you have to jump on one foot and spin your head around and spit pea soup before we will help. what gives anyone the right to say a persons busniess isn't operating properly or qualifiying if there making it run then it runs no matter what the banks or goverment have to say or think about it.

How is Small Business BC helping the small sole proprietor businesses navigate through the overload of Federal and Provincial funding programs

How is BMO assisting if there is no revenue coming in and they are unable to make interest payments at this time.

what are you using as criteria to understand whether a business will be viable at the end of the pandemic?

Well done Steve!!!!!!!

well said steve .. this whole program is desgined to drive us all into the poor house

$82 billion dollars in relief funds and the small busniess people are gettng the hard shaft and only the people who don't really need it are getting it

My problem was spending 4 days trying to research the grants and applications!!

what are you using as criteria to understand whether a business will be viable at the end of the pandemic?