By Meredith Wood, Fundera

Working from home can be great and offers many benefits, but it can also be full of distractions — from children or pets playing in the house to the desire to clean or fold your laundry. Given the current coronavirus pandemic, many businesses across the globe, both big and small, have opted for leadership and employees to work from home.

While we don’t know exactly how long social distancing will last within the workplace, this may mean being your own boss or teammate for the foreseeable future. This isn’t always easy, and it’s truly an art-form which requires a good measure of self-discipline and self-accountability.

Transitioning from a structured day in the office to working from home is a challenge. Oftentimes the biggest struggle is keeping your work life and home life separate by eliminating distractions.

We’ve outlined five common distractions that people face when they’re working alone and from home, along with simple tips to keep yourself motivated as we adapt to this new normal. (more…)

By Insureon Staff –

The coronavirus outbreak has left many small businesses owners wondering if their insurance covers losses caused by the pandemic. Insureon experts answer the most frequently asked questions.

Insureon is as committed as ever to working with your business during these tough times. We’re continuing to deliver services, products, and support no matter where you – or we – may be working.

Our team is closely monitoring the spread of the coronavirus (COVID-19) to ensure we have the latest facts and coverage information. We’re dedicated to minimizing any disruptions to you while ensuring the safety of our employees.

Insureon knows you have many coronavirus business insurance coverage questions, and we’ll continually update this webpage with the new developments. Insureon customers with an existing policy should contact their insurance carriers directly to verify coverage and exclusions. (more…)

The U.S. Small Business Administration (SBA) and the Department of the Treasury announced that they have initiated a mobilization effort of banks and other lending institutions to provide small businesses with the capital they need to address the impact of the COVID-19 pandemic.

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, which was recently passed by Congress and signed into law by the President, establishes a new $349 billion Paycheck Protection Program. The new program will provide loans to help small businesses with their payroll and other business operating expenses.

Under this program, businesses will be able to go to a participating SBA 7(a) lender, bank, or credit union, apply for a loan, and be approved on the same day. Loans will be available without collateral requirements, personal guarantees or SBA fees, with a 100% guarantee from SBA. All loan payments will be deferred for six months.

SBA will forgive the portion of the loan proceeds that are used to cover the first eight weeks of payroll costs, rent, utilities, and mortgage interest. Loans will be available retroactively from February 15, 2020, so that employers can rehire their recently laid-off employees through June 30, 2020.

The program is expected to be up and running by April 3rd. For further details about the program, read the SBA press release here.