Access to Special Funding for SMBs Offered by Free CARES Act Training

Phoenix, ARIZONA – 23 April 2020 – The impact of COVID-19 on small business is devastating. To assist, the Arizona Chamber of Commerce and Industry has partnered with the Arizona Small Business Association (ASBA) to launch the “CARES Act Readiness Program for Small Businesses”.

Through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Congress has made $600 billion in loans available to help support small businesses and keep workers employed. Banks have been placed under immense pressure to rapidly issue these special loans that, under certain conditions, are 100% forgivable.

The Chamber understands that qualified Arizona businesses need online applications that are fast and easy to complete. The Chamber’s new partnership with Acronis #CyberFit Financing initiative and Lendio will accelerate and streamline the process for eligible small businesses to access capital for employment retention and coverage of qualified overhead expenses.

“Keeping Arizona strong during the COVID-19 crisis is our top priority, and access to resources that can help support families and businesses in this time of need is critical. We’re proud to be at the forefront of efforts to help business be informed and engaged on what we, the federal government and our partners can do to help us all come through this together,” said Glenn Hamer, the president and CEO of the Arizona Chamber of Commerce and Industry.

Our Partners

Small businesses are encouraged to apply at the Arizona Chamber’s CARES Act Readiness Program for Small Businesses page by visiting https://caresactaz.com and en Español at https://www.caresact.com/espanol.

“We’re here to support small business to get the training and the resources they need to participate in the COVID-19 relief funding opportunities. I am excited we have had the opportunity to offer this essential training program with our partners. We look forward to seeing the success of our small business community,” said the CEO of the Arizona Small Business Association, Jess Roman.

Acronis, a leader in cyber protection, aims to help as many partners and customers as quickly as possible. IT is necessary for remote working, resulting in the need to protect IT infrastructure. Yet small businesses facing this situation cannot invest in complex solutions.

Acronis offers easy, efficient, affordable, and secure cyber protection, enabling partners to succeed as they help their clients safeguard their business, infrastructure, and IT budget.

“The global coronavirus pandemic has altered daily life for us all, but we must forge ahead to ensure we are doing our part to help. Business continues for many sectors of the economy and – with support from the U.S. federal government and our strategic partnerships with the Arizona Chamber, ASBA and Lendio – we can provide streamlined access to vital funding to ensure business continuity for as many U.S. businesses as possible,” said Serguei “SB” Beloussov, Founder and CEO of Acronis.

“It’s vitally important that we get the economic wheels turning and put these federal loans into the hands of all small business owners fast,” said Brock Blake, CEO and founder of Lendio. “Lendio is pleased to be partnering with the Arizona Chamber, ASBA and Acronis to help facilitate funds for Arizonan businesses. Whether it’s addressing immediate COVID-19-related financial issues or assisting them with longer-term financing solutions down the road, Lendio looks forward to helping these businesses succeed.”

About Acronis

Acronis sets the standard for cyber protection through its innovative backup, anti-ransomware,disaster recovery, storage, and enterprise file sync and share solutions. Enhanced by its award-winning AI-based active protection technology, blockchain-based data authentication and unique hybrid-cloud architecture, Acronis protects all data in any environment – including physical, virtual, cloud, mobile workloads and applications – all at a low and predictable cost.

Founded in Singapore in 2003 and incorporated in Switzerland in 2008, Acronis now has more than 1,500 employees in 33 locations in 18 countries. Its solutions are trusted by more than 5.5 million personal users and 500,000 businesses, including 100% of the Fortune 1000 companies. Acronis’ products are available through 50,000 partners and service providers in over 150 countries in more than 30 languages.

About Lendio

Lendio is a free online marketplace that leverages machine learning to help business owners find the right small business loans within minutes. With a network of over 75 lenders offering multiple loan products and over 100,000 small business loans funded, Lendio’s marketplace is the largest in the country and the center of small business lending. Based in the Silicon Slopes of Lehi, Utah, Lendio was recently recognized by Glassdoor as one of the Top 50 Workplaces and has been certified for four years running as a great workplace by the independent analysts at Great Place to Work®. In addition, Lendio ranks on Fortune’s Best Workplaces in Financial Services & Insurance and Inc.’s Best Workplaces. For every new loan facilitated on Lendio’s marketplace platform, Lendio Gives, an employee contribution and employer matching program, provides a microloan to a low-income entrepreneur around the world through Kiva.org. More information about Lendio is available at www.lendio.com. Information about Lendio franchising opportunities can be found at www.lendiofranchise.com