Business of all sizes across the United States are facing devastating financial challenges. Small businesses are getting particularly hard hit. 

The vulnerability of small businesses has to do with the fact that the smaller a business, the greater its credit constraints and sensitivity to weak consumer demand. The COVID-19 crisis is particularly damaging to small businesses that rely heavily on foot traffic and social interaction.

In the Covid-19 Crisis, it is natural to want to hunker down, bury your head in the sand and wait for the storm to pass. Now is one of those times. However, with serious challenges comes the opportunity to rise to the occasion and emerge stronger on the other side.