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Financial Services

COVID-19 small business loan program already broke

Less than two weeks after it launched, the CARES Act’s $350 billion has already been allocated, leaving many businesses— including some in Idaho — out in the cold. On March 27, President Donald Trump signed the federal Coronavirus Aid, Relief, and Economic ...

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Could working from home impose new state tax liabilities? (access required)

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The flurry of stay-at-home orders imposed recently by most state governors could create a tax problem, but it isn’t clear how much of an issue it could be in Idaho. The problem is “nexus.” When a company has a “nexus” ...

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CARES Act loans coming through for Idaho small businesses

photo of green leaf cleaners

Henry Yun, owner of Green Leaf Cleaners, an eco-friendly dry cleaner in Eagle, was relieved when his loan from the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act program came through this week. “The survival of my business was completely ...

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Idaho financial institutions deal with COVID-19 coronavirus (access required)

photo of drive-thru

In response to COVID-19, a number of banks and credit unions are taking steps to protect their customers and employees, including converting to drive-thru only, limiting hours and closing some branches. “We are hearing from both credit unions and banks ...

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Fund teaches entrepreneurs about funding strategies (access required)

photo of sage growth panel

A Boise investment fund is telling startups how to fail, in hopes that they will succeed. Sage Growth Capital, a revenue-based fund paid back from revenues of the companies it invests in, held a seminar, Funding Fails, at Trailhead on ...

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