Nav Launches QuickConnect Tool to Instantly Match Business Owners to PPP Lenders & Agents

Nav Launches QuickConnect Tool to Instantly Match Business Owners to PPP Lenders & Agents

Today, Nav launched a digital tool to instantly connect business owners with lenders that are taking SBA Paycheck Protection Program (PPP) applications for funds available to small business owners under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

“Anyone that needs PPP funds should use Nav’s QuickConnect tool,” shared Greg Ott, Nav CEO. ”As many small businesses didn’t receive funds in the first round of the PPP, and we expect this round of funding to go even quicker, it is vitally important that business owners apply now for the funds that they need. I encourage all business owners, even those who previously applied with another lender, to use this tool.”

The QuickConnect tool, which takes only a few minutes to complete, instantly and freely matches business owners to one of Nav’s PPP lending partners that are taking applications.

In addition to the QuickConnect tool, Nav recently launched a CARES Act SBA Loan Calculator and COVID-19 Resource Center to help business owners understand how much they may qualify for. The calculator boils down the complex Paycheck Protection Program legislation into an easy-to-understand form. Additionally, a robust list of frequently asked questions and expert insights are also provided alongside the tool. As of today, more than 138,000 small business owners have used the calculator to determine how much PPP financing they may qualify for.

“We’re committed to giving small business owners free resources to decrease the confusion surrounding PPP loans. All of our resources are developed by our in-house experts that have decades of experience in the business lending industry. Nav’s SBA tools are the perfect pairing of expertise and technology in order to streamline services that help business owners,” explained Ott.

Nav, which has 1.4 million customers, has matched tens of thousands of small business owners to SBA lenders and agents in the last three weeks.

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