8 Ways To Support SMBs Through Crowdz

Small business communities everywhere are in crisis mode. Here’s how to tap into the Crowdz platform and help SMBs stay afloat.

COVID-19 has pitched a devastating curveball to the small business community. Government-imposed restrictions forced closures, and financial losses have left every industry fighting to survive. Some good news: During these uncertain times we can support independent companies and SMBs with actionable choices. Here’s how to do just that with Crowdz.

1. Post The Word Out To SMBs

Social distancing has everyone flocking to social media. It’s how we’re staying connected, getting updates, and checking in. With so many eyeballs waiting for the next post, social platforms are the perfect vehicle for getting the word out about Crowdz. Keep others in the loop by liking the company’s Facebook page, posting about Crowdz on LinkedIn, or sharing the resource in a tweet.

2. Introduce Suppliers And Customers To Modern Invoicing

Trust us, the one thing you don’t want to hoard right now is knowledge. Let your contacts know that there’s an easy way to auction off their invoices and get their cash fast. They’ll get a much-needed boost, and you’ll benefit from building a stronger business relationship. 

3. Kickoff Your Cash Flow Recovery Plan With Crowdz

The key to making a solid turnaround plan work? Be proactive. Take stock of every issue (no matter how small), and tackle them one by one. Need an alternative financing solution? Try invoice financing. Is your accounting department overwhelmed? Give them a digital toolkit. Need a faster, automated process? We’ve got that too.

4. White-Label Crowdz To Your Clients

Finding it hard to do it all? Avoid reinventing the wheel with Crowdz’s all-in-one invoice auction. Not only is it an efficient and quick way to scale your services, costs, and revenue, but you’ll ensure you don’t get beat out by competitors with an expanding offering. 

5. Sign Up To Be A Funder (Or Ask Around)

If ever there was a need for a win-win solution, this would be it. By signing up as a funder on Crowdz, you’ll be helping an SMB pay their bills on time and plan for the future, all while enjoying your financial perks. We also suggest asking banks or investors if becoming a funder on Crowdz aligns with their interests. 

6. Share Your Wealth Of Experience

Your most significant contribution right now may be free. If you’ve weathered past business storms, are a leader in your industry, or have resources to offer SMBs at this time, consider joining a task force in your community. 

7. Speak To A Local Business Organization About Crowdz

Jump on the Zoom train and host a live virtual Crowdz event. It’s a low-cost, accessible way to share the platform with small businesses and associations looking for digital tools and practical cash flow tips. The opportunities to network and give back are an added bonus. 

8. Ask Government Representatives To Enable Funding Through Crowdz 

Crowdz gives local governments an easy and quick option for issuing funding to SMBs. Contact your local representative (you can look them up here) about using Crowdz to support their relief initiatives and ask that they ask fellow representatives to consider doing the same.