A government financing scheme called the Paycheck Protection scheme (PPP) was created to assist small companies impacted by the COVID-19 outbreak. One can apply for a PPP loan with the assistance of numerous lenders, including Lendio PPP, Ready Capital, and Blue Acorn. However, there are so many choices available that it can be difficult to know where to begin. We will address some of the most prevalent queries about PPP loans and how to get in touch with the lenders in this article.
An online lending platform called Lendio PPP aids in connecting small business owners with lenders who provide PPP loans. You have a few alternatives if you need to get in touch with Lendio PPP. Visit their website, and at the bottom of the page, click the “Contact Us” link. After that, you have the option of contacting them by email or contact form. You can reach their customer service department by dialing (855) 853-6346. The customer support department of Lendio PPP is open Monday through Friday from 9 a.m. to 5 p.m. MST.
Another lender that provides PPP loans is Ready Capital. Visit Ready Capital’s website and select the “Contact Us” tab at the top of the page if you need to get in touch with them. After that, you have the option of contacting them by email or contact form. The number for their customer care department is (888) 354-0822. The customer service department at Ready Capital is open Monday through Friday from 9 a.m. to 6 p.m. EST.
Your unique demands and preferences will determine the best manner to submit an application for a PPP loan. Lendio PPP is one lender that offers an entirely online application procedure that may be finished from a computer or mobile device. You could be required by other lenders to call or submit an application in person. You should investigate various lenders and contrast their application procedures, interest rates, and payback terms to determine which one is best for you.
A trustworthy lender that provides PPP loans is called Blue Acorn. However, before submitting an application for a loan with any lender, it’s crucial to conduct your own research and due diligence. You should verify their website to confirm that they are a Small Business Administration (SBA)-approved lender and that they have a strong standing in the sector. To learn more about their customer service and loan application process, you can also browse client testimonials and ratings.
Originally, PPP loan applications had to be submitted by March 31, 2021. However, to allow small firms more time to apply, the program has been extended through May 31, 2021. It’s not too late to apply for a PPP loan if you haven’t already. Applying through a recognized lender like Lendio PPP, Ready Capital, or Blue Acorn is still an option. The program can finish earlier than anticipated if all available funds are used, thus it’s critical to move swiftly.
PPP loans, in conclusion, can be an important tool for small business owners. You may reach a lender like Lendio PPP or Ready Capital by calling their customer care number or going to their website. Do your homework and weigh your options while looking for a lender to locate the one that is the greatest fit for your company. Finally, keep in mind that if you haven’t already, you still have time to apply for a PPP loan since the deadline has been extended to May 31, 2021.
You should notify the lender and the Small Business Administration (SBA) as soon as you become aware that someone may have filed for a PPP loan using your personal information and reported a fraud. PPP fraud can be reported to the SBA at (800) 767-0385 or online at www.sba.gov/COVIDfraudalert. You should also keep a watchful eye on any suspicious activity in your bank accounts and credit report.