ShopKeep, a top-rated tablet-to-cloud payments and point of sale platform chosen by tens of thousands of independent retailers and restaurants announced a partnership with Lendio, the nation’s largest free marketplace for small business loans, to provide access to relief funds to small businesses throughout the U.S. through the CARES Act and Paycheck Protection Program.
In an effort to rapidly extend relief efforts to small businesses within the U.S. both in and outside its customer base, ShopKeep’s partnership with Lendio is open to any business with 500 employees or fewer. Lendio’s no-cost, simple application process and fast turnaround time will make it both easy and quick for small businesses to get SBA-backed funding from the CARES Act to cover payroll expenses, rent, mortgage interest payments, insurance costs, and/or debt during COVID-19.
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“Over the past month the entire team at ShopKeep has shifted its focus to doing whatever we can to help small businesses navigate through these challenging times,” said Michael DeSimone, CEO of ShopKeep. “The team continues to explore opportunities to help these businesses adapt to the new environment and will continuously be launching new enhancements as quickly as possible.”