Government’s new pandemic business loan program gets mixed reviews

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HASCAP a big help for some, but others fear extra debt could take down vulnerable businesses

The federal government’s new loan program to help businesses survive COVID-19 is getting mixed reviews, even from companies desperate for help.

The highly affected sectors credit availability program, or HASCAP, launched on Monday, offers loans between $25,000 and $1 million to businesses that qualify.  

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