COVID-19 Response & Community Support

Supporting employees, clients and communities around the world
Relief
 

Frequently Asked Questions

Government Debt Relief
Paycheck Protection Program

SVB is accepting PPP applications. Please view details here

SVB continues to be actively involved in industry discussions to assist with the development of solutions to support small businesses and the innovation economy and will engage further as the regulations and details of the government programs unfold. 

The company is undertaking similar activities in other markets including the Coronavirus Business Interruption Loan Scheme (CBILS) program in the UK and KfW-led programs in Germany, and we are evaluating SVB's ability to participate in the Business Credit Availability Program (BCAP) in Canada.

SVB Debt Relief
SVB's first relief initiative will provide certain venture debt borrowers with loans $10 million or less (or local currency equivalent) an opportunity to defer their principal payments for a period of six months. Clients that qualify for this program will be notified directly. This SVB program is expected to reach up to $600 million in aggregate payment relief across our global client base. Additional relief programs and initiatives that are in development for SVB clients will be communicated directly to applicable clients in the coming weeks.

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Give
 

SVB has committed $5.5 million to support local, regional and global activities focused on three areas: health security, food security and shelter, and small business owner relief. The COVID-19 Global Impact & Innovation Fund, in partnership with Founders Pledge, was established to help stop the spread of the virus, support a robust medical response and mitigate the social cost by providing relief to affected families. SVB is making an initial $1 million investment to fund this critical work, and we invite you to join us. Donate here

SVB is also supporting our partner Hello Alice's Business for All initiative through emergency grants for COVID-19 relief. Hello Alice, a free platform that guides business owners through the growth of their company, recently launched their COVID-19 Business Resource Center, which is updated daily with real-world funding, federal and state resources, mentors and support for New Majority entrepreneurs adapting to the impacts of coronavirus. Learn more and apply for COVID-19 Business for All Emergency Grants at www.covid19businesscenter.com/.

Continuity
 
We continue to serve our clients while doing everything we can to protect the health and safety of our employees, clients and partners around the world.
 
Activated our business continuity and pandemic plans
 
Moved to a work from home plan for our employees and prohibited all business travel
 
Postponed or moved all SVB-hosted events online
 
Supporting our employees with stable compensation and mental health benefits
Resources
 
We encourage you to leverage the following resources from SVB and our partners.
 
Register for SVB-hosted webinars to hear best practices and guidance from SVBers and our partners. Replays of recent webinars are also available. Learn more
 
Find funding and guidance on how to support entrepreneurs and small business owners through the impacts of coronavirus. Learn more
 
Important information and resources to venture-backed companies about the federal response to COVID-19, including tax credits, loan opportunities, and sick leave. Learn more
 
The technology industry is working diligently and in a multitude of ways to support people and businesses across the U.S. during the coronavirus pandemic. Learn more
 
Fraud often increases during turbulent times. SVB offers preventative tools, services and guidance to help you mitigate your risk of fraud. Learn more
Connect
 

Visiting SVB? Our Northern California branches are open. We request that visitors who have had flu-like symptoms or traveled to international locations in the 21 days prior, refrain from visiting. For more information contact:

SVB office