Sponsors
Melio Payments: https://cloudaccountingpodcast.promo/melio

Jirav: https://cloudaccountingpodcast.promo/jirav

Show Notes
https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp 
Connect with Michael and Sabrina
Michael Ly, Founder/CEO of Reconciled
Website: https://getreconciled.co/

LinkedIn: https://www.linkedin.com/in/michaelly/

Twitter: https://twitter.com/michael_ly_

Facebook: https://www.facebook.com/burlingtoncfo



Sabrina Parsons, CEO of Palo Alto Software and Board Member of Oregon Pacific Bank
Website: https://www.opbc.com/

LinkedIn: https://www.linkedin.com/in/sabrinaparsons

Twitter: @mommyceo



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ClassifiedsGo here to create your classified ad:https://cloudacctpod.link/RunClassifiedAd  TranscriptMichael Ly: [00:00:03] One of the things I'm telling clients is this is not a growth loan; this is not a VC, or private equity fund investment; this is not angel funding. The intention of this loan- the intention of these loans is to keep people on payroll.____________This episode of The Cloud Accounting Podcast is sponsored by Melio Payments. Do you have clients that are logging into their bank website to manually pay their bills or, even worse, clients that are still handwriting paper checks because the alternatives are either too complicated, or too expensive? You need to introduce them to Melio Payments. Melio Payments is easy-to-use B2B payments and receivables. Think Venmo, PayPal, or Zelle but for small businesses.Melio is an app that all small businesses are capable of using, regardless of size, shape, or budget. By using Melio, your clients can pay their bills easier than using their bank website, and you get the process and controls you need, like support for multiple users, approvals, and two-way syncing with QuickBooks Online. Melio can also help your clients improve their cash flow by allowing them to pay their bills using their business credit cards to take advantage of up to a 45-day float until their next credit card billing cycle. Now, paying the rent can lead to earning those credit card points your clients love. To learn more about Melio Payments, and to get your very own Melio.me link that you can use to receive payments from your business clients, head over to cloudaccountingpodcast.promo/melio. That is Cloud Accounting Podcast dot promo forward slash M-E-L-I-O. ____________Blake Oliver: [00:01:29] Welcome to The Cloud Accounting Podcast. I'm Blake Oliver. David Leary: [00:01:32] And I'm David Leary. Michael Ly: [00:01:34] And I'm Michael Ly. Sabrina Parsons: [00:01:35] And I'm Sabrina Parsons. David Leary: [00:01:37] Blake, I've got special guests for us tonight. Blake Oliver: [00:01:40] I am so excited, David! Thank you so much for setting this up. David Leary: [00:01:43] There's lots of questions on what the programs rolling out from the SBA are. Even me, as a small business owner, I don't know