With this time that is challenging Lyft motorists play a crucial part, linking people to important services and items—like medical, meals and medicine. We deeply appreciate your contributions to your communities, and additionally recognize that making profits may be hard at this time.

Beneath the CARES Act, the small company management (SBA) produced new programs to guide smaller businesses, including those people who are self-employed, sole proprietors or separate contractors. Numerous motorists regarding the Lyft platform are self-employed or possess their own company that can meet the requirements.

These SBA programs are brand new whilst still being in development, generally there is just great deal we don’t find out about the way the programs will continue to work and details may alter. We have been closely observing these developments, and certainly will continue steadily to share updates based on our knowledge of the programs. Funds are restricted, so our company is encouraging those who wish to use to do this at the earliest opportunity.

There are two main programs available which could provide money grants and forgivable loans to drivers that are eligible. Keep reading to get more details, and you may additionally find information through the usa Chamber of Commerce and small company management.

Economic Injury Disaster Loan crisis Advance: chance of smaller businesses, including separate contractors and self-employed people, to get a loan advance that doesn’t have to be paid back. You can easily use online through the SBA right here.

What exactly is this system? Small enterprises, including independent contractors and self-employed people, meet the criteria to utilize for an Economic Injury Disaster Loan advance as high as $10,000.

Simply how much am I going to get? In line with the SBA, the grants might be as much as $10,000, however the actual amount granted may be dependant on the tiny Business management and might be somewhat reduced. Читать далее →