The CARES Act includes provisions for the enhancement of SBA loan programs and tax deferral programs to assist companies during the COVID-19 crisis. Within the CARES Act, Title I “Keeping American Workers Paid and Employed Act,” nearly $350 billion has been appropriated for working capital loans under the newly established “Paycheck Protection Program” as well as, expansion of the SBA’s Economic Injury Disaster Loan program (“EIDL”). An additional $10 billion has been appropriated for grants within the EIDL program, while relief is also available to staffing companies through the Employer Tax Deferral Program.
In this webinar, you will learn what steps you can take to secure financing under the CARES Act, who you should consult and how you should prepare. There will be an opportunity for you to ask questions from seasoned experts in lending to staffing companies. You will not want to miss your chance to understand and benefit from the “Paycheck Protection Program” in the CARES Act.
Peter Lipsky currently serves as Vice President, Underwriting of Access Capital. Peter leads the company’s underwriting division and has been with company for over twenty years, meeting with staffing company owners and structuring customized financial solutions to meet their unique needs. In his spare time, Peter plays rugby, runs and enjoys quality time with his family. He is a graduate of Boston College and Fordham University and resides in Irvington, NY with his wife and family.
John McGraw is a twenty year veteran of serving the staffing industry and currently serves as Senior Vice President, responsible for new business origination at Access Capital. He has a long record of successfully providing staffing companies with growth capital and business processing services. John is an avid runner and an active volunteer and participant in the Fresh Air Fund. He lives on Long Island with his wife and two sons.
Access Capital is the nation’s leading independent lender to the staffing industry. Since 1986, we have been providing our lending solutions to entrepreneurial companies nationwide.
New York Staffing Association (NYSA)
370 Lexington Avenue, Suite 902, New York, NY 10017