SpotOn Joins Forces with jaris to Support SMBs with Paycheck Protection Program, SpotOn Capital
Summary
“This round of funding is critical for small businesses, as many were unable to receive financial support last year or are experiencing new or prolonged challenges as a result of the pandemic,” said Zach Hyman, co-CEO of SpotOn. “From the moment the bill was signed, we have been collaborating with jaris to streamline the process and help put our clients at the front of the line for these funds.” jaris has partnered with Blue Ridge Bank, an approved SBA lender, to give SpotOn clients access to new PPP funds, including $15 billion specifically earmarked for smaller lenders*. “Small businesses and local restaurants are the heartbeat of our communities, and we are committed to giving them the tools and resources they need to compete and win, particularly during these uncertain times,” Hyman continued. SpotOn has employees and offices around the world, including San Francisco, Chicago, Mexico City, Detroit, Denver and Krakow. jaris has removed the complexity that comes with access to capital and other critical financial services, paving the way for partners to get to market faster with competitive, high-value solutions.
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