As of January 2021, Paycheck Protection Program (PPP) loans, established by the 2020 US Federal government Coronavirus Aid, Relief and Economic Security (CARES) Act, are available to help small businesses, sole proprietors and freelancers keep employees on payroll during the COVID-19 crisis. Apply for your Paycheck Protection Program (PPP) loan through our partner Cross River Bank now. The first 500 customers to receive a PPP loan into their Revolut Business account through our partner Cross River Bank will receive a $100 deposit bonus from Revolut Business.
We have partnered with Cross River Bank to offer streamlined processing of PPP loan applications to more small businesses. Apply today and take advantage of these benefits:
Keep employees on payroll during the crisis
Support your business and employees during the COVID-19 crisis using a PPP loan through our qualified lending partner, Cross River Bank. Eligible businesses can borrow up to 2.5x their monthly payroll costs, and eligible food service and accommodations business may be able to borrow up to 3.5x their monthly payroll costs. See how much you can borrow using our loan calculator.
You can use this loan to fund employee costs, rent, mortgage interest, utilities or covered operations, property, supplier or worker protection costs. Best of all, businesses that follow the SBA criteria can have their loans fully or partially forgiven 8 to 24 weeks after disbursement. Visit our PPP resource page to learn more.
Get a $100 deposit bonus on us
To get 2021 started off on the right foot, we're offering the first 500 customers to receive a PPP loan disbursement from Cross River Bank into their Revolut Business account a $100 deposit bonus.
In order to qualify, be one of the first 500 customers to receive a PPP loan disbursed from Cross River Bank into your Revolut business account between January 22, 2021 and the earlier of all bonuses being earned or March 31, 2021. Businesses incorporated in NV, DE, and WY are not eligible to sign-up for Revolut Business accounts at this time.
Manage all things business, in one place
Let’s not forget that with Revolut Business you get more from your business account with powerful tools that give you total control over your finances, as well as, you spend less time on admin and more time focused on what’s important – your business. Check out our most popular tools and features, and see what you can do with your account:
Stay in control and manage your spending
Keeping on top of your cash flow is critical for any business, big or small. Revolut Business knows how important this is, and has created a number of innovative ways to help you manage your spending. Stay in control with secure company cards, get physical and virtual debit cards for you and your team - track spending, set limits or freeze cards in one click. From day-to-day payments and standing orders, to company expenses and subscriptions, we’ve got you covered.
Exchange money with no hidden fees
It’s no surprise that many of our customers think of international payments when they think of Revolut. With some of the best rates in the industry, personal and business customers save money when they transact internationally with Revolut. With Revolut Business, you can easily exchange, send and receive money in 28+ currencies at the real (interbank) exchange rate. Pay vendors in their local currency and hold funds in your most-used currencies. Plus, make payments and transfers between Revolut accounts, business or personal, at no cost.
These are just a few of the exciting features – and we’re adding new ones all the time. Join the 500,000+ customers on Revolut Business.
Get started with your application today
Click the button below to apply through Cross River Bank. We recommend checking your businesses eligibility and collecting the required documents before starting the application.
The first 500 customers that receive their Paycheck Protection Program (PPP) loan into a Revolut business account through our partner Cross River Bank will receive a $100 deposit bonus. Getting your account details is easy, simply login into your account and head to the Accounts tab. You’ll find the account details there.