Sky Bridge Business Funding, a fintech provider of access to capital for small businesses, made its 100% digital application available to help small business owners with the process of applying for Small Business Administration-backed Paycheck Protection Program (PPP) loans.
“Many small business owners are having a hard time working through the application process with their existing bank either because the bank doesn’t have the capacity to service all its clients or because the bank’s process is manual or both,” Jake Lerner, senior vice president of business development at Sky Bridge Business Funding, said. “Sky Bridge Business Funding provides a fast and easy solution for PPP applications. We’re helping companies take their applications from beginning to end in minutes.”
Sky Bridge Business Funding started accepting applications this week and expects to be able to process more than $1 billion of loan requests over the next few weeks to help small businesses obtain PPP loans.
Sky Bridge Business Funding, founded in 2017, specializes in short-term capital advance solutions for small businesses.