Understanding the Cares Act

At Muneris, we have been a small business for the past 30 years, and been through many challenges but nothing like this current recession. We’ve never had to deal with such uncertainty. We know cash flow is drying up fast, some of you are forced to lay off or furlough employees, and many folks have lots of questions regarding the CARES Act, so we will be posting an Action Plan as things evolve. The attached US Chamber of Commerce Business Loan Guide is the first of many publications that will be coming your way. We encourage every small business to learn their options and learn quickly. We are uncertain how long the CARES ACT loans will last, so if you think need to ask for help- we want you to be first in line.

We are here to help you get the necessary insurance documents you will need to apply for a loan. Remember, if you can hang in there and keep your work force in tact for the next 8 weeks, many of the CARES loan will be forgiven. The government will publish the list of lending institutions that will be able to help you get through the next 8 weeks.

At Muneris, we can’t thank you enough for your business over the last 30 years. We are here today for help and we will be here in June to help you as well. We are making daily sacrifices to keep our business up and running, but continue our commitment to helping you with your employee benefits and helping your employees understand their options.

Click here to download the Coronavirus Emergency Loans Small Business Guide and Checklist from the U.S. Chamber of Commerce.

Burman S. Clark

Burman S. Clark, RHU, CSA is the President of Muneris Benefits and a licensed insurance broker and consultant. His independent practice and focuses on employee benefits, individual life, disability, medical, and senior products. Burman has traveled extensively and provided guidance to large employer associations with regards to the Affordable Care Act.