DreamHost's Press Releases
DreamHost Partners with Lendio to Deliver Customer PPP Assistance
Partnership brings expert guidance and financial relief to small business customers
LOS ANGELES, California—January 14th, 2021—DreamHost®, a global leader in web hosting and Managed WordPress services, announced today it has partnered with small business lending network, Lendio, to provide Paycheck Protection Program (PPP) application guidance to small businesses.
Lendio will work to assist DreamHost’s business customers based in the United States with applications for funds recently made available in the latest round of the US government’s Paycheck Protection Program (PPP).
DreamHost customers who apply for a PPP loan through Lendio will gain access to a dedicated loan specialist who will act as a guide throughout the application process.
Lendio’s reputation for simplifying the funding process and its commitment to delivering results made the company the natural choice to help DreamHost’s small businesses apply for and gain funding during this critical time. Lendio helped business owners gain access to more than $8 billion in PPP loan approvals throughout the duration of the program in 2020.
“The PPP can offer a critical lifeline to qualifying small businesses that may be struggling to survive as the world comes to grips with the economic realities of this global pandemic,” said Ho Yun, DreamHost’s VP, Finance. “We’ve made available a number of resources to help our customers survive and grow during this challenging time, and we’re pleased to be able to add Lendio’s expert, personalized guidance to help support the small businesses that have chosen to make DreamHost their online home.”
In addition to PPP support, DreamHost customers also have the option of working with Lendio’s experts to obtain more traditional business financing. Lendio’s team works to match small businesses with lenders from its extensive network suited to meet the business owner’s unique funding needs.
DreamHost customers can learn more at https://lp.lendio.com/dreamhost
DreamHost is a premier Managed WordPress hosting provider, giving over 400,000 businesses, developers and content creators worldwide the tools they need to own their digital presence. Powered by a strong team of industry experts with nearly two decades of advanced web experience, DreamHost is a leader in Managed WordPress hosting. Supporting the open source community with dedicated resources and top-tier talent, DreamHost believes in the power of the Open Web and the people that make it happen. Founded in 1997, DreamHost is based in Orange County, California. Learn more at DreamHost.com.
Lendio is the nation’s leading small business loan marketplace. With its diverse network of lenders, Lendio enables small business owners to apply for multiple loan products with a single application. To date, Lendio has facilitated over 200,000 small business loans for $10 billion in total funding, including $8 billion in PPP loan approvals as part of government COVID-19 relief. Lendio is a values-driven organization striving to provide equal access to capital to underserved communities and America’s smallest businesses. For every new marketplace loan Lendio facilitates, Lendio Gives—an employee-contribution and employer-matching fund—provides a microloan to a low-income entrepreneur around the world.
Brett Dunst | DreamHost | brett.dunst @ dreamhost.com
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