From Providence Business News: R.I. court program offers struggling businesses a lifeline
Have there been too many state and federal support programs competing for the attention of local businesses during the pandemic? That may sound crazy in a state of approximately 1 million residents that has seen more than 253,000 people collect unemployment payments since March. But it may be one reason why a Business Recovery Plan launched by the state’s Superior Court on March 31 still has no takers.
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Attorney John A. Dorsey, a court-appointed coordinator, says participating in the program won’t damage a business’s credit but, as in good economic times, failing to pay bills will.
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