KARLO Insights Blog
DC Business Access Capital Program: Expanding Access to Capital for Recovery and Growth
In this article we discuss Mayor Bowser’s commitment to empowering small businesses with the DC BizCAP program. Offering loan guarantees, reduced rates, and down payment assistance, this initiative unlocks crucial capital for both established and aspiring businesses. Fueled by a recent $62 million boost from the American Rescue Plan, DC BizCAP is ready to fuel your growth. Read more to see how this program can help you and your business thrive!
D.C.'s Cashless Ban: Coins and Concerns Clash in the Capital
In this article we review the ramifications of the cashless ban that Washington D.C. implemented. The ban comes on the heels of an uptick in specialized technology allowing customers to provide payments for goods and services in a variety of ways. We review the District’s recent changes, and provide remarks regarding its impact on small businesses and consumers alike.
D.C. Attorney General Throws Down the Gauntlet: Suing Landlords over Alleged Rent-Fixing Scheme
D.C.'s housing crisis took a dramatic turn as the Attorney General accused landlords and RealPage of using data-sharing software to inflate rents, potentially creating an illegal "housing cartel." This bombshell lawsuit, targeting affordability concerns and consumer complaints, could not only shake the legal landscape of rent-fixing but also send ripples through small tech startups navigating data practices and antitrust scrutiny in the ever-evolving proptech space. Stay tuned as this fight for fair housing unfolds in the courts and on the streets of D.C.
The Rollercoaster Ride: Why Government Shutdowns Are Still Sending Shivers Down Contractor Spines
Despite a recent stopgap measure, the threat of government shutdowns still haunts contractors. This article dives into the impact these shutdowns have beyond missed paychecks, exploring disrupted projects, supply chain woes, and even job losses. While contractors lack the formal protection of government employees, they can still prepare by diversifying their portfolio, building reserves, and seeking legal advice. As the next deadline looms, understanding these risks and taking proactive steps can help contractors weather the storm and emerge stronger.