The COVID-19 (coronavirus) pandemic has affected life and work as we know it. At Divvy, we care deeply about our customers and all small businesses. To help companies get through this difficult time, we’ve collected and created resources that you can leverage to make important decisions for your business.
Status Update: The SBA will begin processing PPP loan applications in January 2021. Early applications are now open.
Divvy has partnered with Lendio, a trusted SBA lender, to fast track PPP applications. Begin preparing your submission and apply now.
Apply for your SBA PPP loan.
The SBA PPP program has received another round of funding, which means you can prepare to submit your pre-applications now through our trusted partner Lendio.
As you navigate what your business needs, we are creating, updating, and compiling resources to help you identify sources of relief for your business:
What you need to know about round two of the Paycheck Protection Program
The Paycheck Protection Program is funded for a second round of loans with an additional $284B to hard hit businesses. What’s different this time around?
Emergency business loans and alternative funding options
If you’re worried that you won’t qualify for a business loan, you can leverage alternative options like grants, invoice factoring, and even your current line of credit.
Here are some of the best options for emergency capital right now, as well as some alternative resources that can be accessed in any circumstances.
Small business grants: Current options and how to apply
In order to survive in the current economic climate, many small businesses are reaching for lifelines. Small business grants are one option that can breathe life into a small business needing an influx of cash to get them through to the other side of quarantine.
How can small businesses benefit from the CARES Act?
Learn how your small business can benefit from the $2 trillion dollar CARES Act. We’ve broken down the Act to help you find and how to apply for emergency support.