75% commercial rent reduction for small businesses

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75% commercial rent reduction for small businesses

Commercial rent is a major expense for most small business owners.

But when your business is forced to close or sales drop significantly due to COVID-19 paying the rent becomes an unfair financial burden.

The Canada Emergency Commercial Rent Assistance program promises to reduce commercial rent by 75% for small businesses seriously affected by COVID-19. This article will help you understand the Canada Emergency Commercial Rent Assistance Program.

The Canada Emergency Commercial Rent Assistance program will reduce rent by 75% for small business owners affected by COVID-19

Your landlord will receive a forgivable loan from their mortgage lender for agreeing to reduce your rent.

The Canada Emergency Commercial Rent Assistance Program will provide relief to tenants and owners, so you can avoid a confrontation or eviction, and work together to make it through this strange season.

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