How The CARES Act Affects Car Rental in the U.S.
The act includes a Paycheck Protection Program (PPP) administered by the Small Business Association, which authorizes up to $349 billion for small businesses.
The act includes a Paycheck Protection Program (PPP) administered by the Small Business Association, which authorizes up to $349 billion for small businesses.
While the car rental industry, like many others, is bracing for a tough few months, business will recover. And companies must be prepared for that time.
Many major car rental companies have announced actions they plan on taking during the Covid-19 pandemic for the foreseeable future.