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The social media platform has committed to buying up to $100M in outstanding invoices for small business items and providers, with the goal of loosening money circulate for struggling corporations. This initiative is very geared toward helping women- and minority-owned small companies, as they have confronted the most obstacles during the previous few years, wrote Sandberg. Starting October 1, eligible companies can apply to get any excellent customer invoices coated instantly, somewhat than ready the usual 60 to 120 days. Small Business Administration introduced it will award $1.1 million in grants and contracts to advertise the success and sustainability of …