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.
Apply for your SBA PPP loan through Divvy.
The SBA PPP program has received another round of funding, which means you can submit your application now.
Divvy is here to help guide you through the application and provide you with fast servicing through a technology-forward banking partner, Cross River Bank.
As you navigate what your business needs, we are constantly creating and compiling resources to help you identify sources of relief for your business:
CARES Act SBA Loan Calculator
The CARES Act is providing small businesses at least $375 billion in funding. Find out how much your business qualifies for with our CARES Act SBA Loan Calculator.
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.
How financial institutions are supporting small businesses impacted by COVID-19
Federal and state governments are offering assistance where they can, but private companies, like banks, have also made adjustments to policies in order to support local companies.
We’ve gathered a list of some of the major US banks and the changes they’ve made to support small businesses through the COVID-19 crisis.
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.