Lendio Partners With Acronis to Deliver Business Capital to Cyber Protection Service Providers

Through this strategic partnership, Lendio will provide streamlined access to emergency funding and long-term financing solutions for Acronis’ US-based service providers and customers

Lehi, Utah – April 7, 2020 – Lendio, the nation’s leading marketplace for small business loans, today announced a partnership with Acronis, a global leader in cyber protection. Acronis delivers backup, anti-ransomware, disaster recovery, storage and enterprise file sync and share solutions to more than 500,000 business customers around the world. Through this strategic partnership, Lendio will be the exclusive capital provider for Acronis’ US-based service providers and customers.

Through Lendio’s free service, business owners can fill out one 15-minute loan application and get access to loan options from more than 75 of the nation’s top lenders. Lendio’s loan advisors advocate on a small business owner’s behalf to help them pinpoint the loan that’s right for their business. As part of the recently-passed Coronavirus Aid, Relief and Economic Security (CARES) Act, the federal government has earmarked $349 billion to help small businesses affected by the COVID-19 pandemic. Lendio will facilitate loans through the Paycheck Protection Program to help small businesses keep workers employed amid the pandemic and to weather the economic downturn. Acronis #CyberFit Financing powered by Lendio will provide the Acronis community with the critical funding needed to survive and operate during these challenging times.

“It’s vitally important that we get the economic wheels turning and put these federal loans into the hands of small business owners fast,” said Brock Blake, CEO and co-founder of Lendio. “Lendio is pleased to be partnering with Acronis to help facilitate funds for its service provider partners and customers in the cybersecurity space. Whether it’s addressing immediate COVID-19-related financial issues or assisting them with longer-term financing solutions down the road, Lendio looks forward to helping these businesses succeed.”

While business activity has been reduced due to COVID-19, many businesses are still operating, and many of these with staff working remotely. Cyber protection, managed service providers and solutions such as Acronis Cyber Protect Cloud are more important than ever to keep data and infrastructure safe from cybercriminals, hackers and malware. Additionally, essential services such as medical, police, government, defense, waste collection and more need reliable IT services to remain operational and effective.

“The global coronavirus outbreak and COVID-19 pandemic has altered daily life for us all, but we must forge ahead to ensure we are doing our part to help. Business continues for many sectors of the economy and with support from the U.S. federal government, and our strategic partnership with Lendio, Acronis is here to provide streamlined access to vital funding to ensure business continuity,” said Serguei “SB” Beloussov, Founder and CEO of Acronis.

For more information about Lendio, visit www.lendio.com.
For more information about Acronis, visit www.acronis.com/en-us/.

About Acronis

Acronis sets the standard for cyber protection through its innovative backup, anti-ransomware, disaster recovery, storage, and enterprise file sync and share solutions. Enhanced by its award-winning AI-based active protection technology, blockchain-based data authentication and unique hybrid-cloud architecture, Acronis protects all data in any environment – including physical, virtual, cloud, mobile workloads and applications – all at a low and predictable cost.

Founded in Singapore in 2003 and incorporated in Switzerland in 2008, Acronis now has more than 1,500 employees in 33 locations in 18 countries. Its solutions are trusted by more than 5.5 million personal users and 500,000 businesses, including 100% of the Fortune 1000 companies. Acronis’ products are available through 50,000 partners and service providers in over 150 countries in more than 30 languages.