BizEquity, a platform that provides business valuation services, announced a partnership with Biz2Credit, a small business funding platform, to help secure business financing for US-based clients.
The firms will reportedly launch financing options via an embedded financing solution within the BizEquity platform powered by Biz2Credit’s Biz2X tech.
This will empower business valuation advisors to provide capital solutions to their clients securely, increasing the benefits advisors can “provide to clients seeking to buy, sell or grow their businesses.”
Many small businesses report that access to financing is the “most important factor to grow their businesses.”
At the same time, the Federal Reserve’s latest SMB lending study reports that about 60% of small businesses report being “unable to secure the financing they need.”
Rohit Arora, CEO and co-founder of Biz2Credit and one of the nation’s leading experts in small business finance said:
“Our partnership with BizEquity will fuel growth opportunities for small business owners who are using BizEquity and working with financial advisors to value their businesses.”
Michael Carter, founder and CEO of BizEquity said:
“We are proud to partner with Biz2Credit with the announcement of BizEquity Capital to empower our advisor users, enabling them to become a key resource for their clients’ financing needs by seamlessly linking the valuation process with funding opportunities through Biz2Credit’s innovative prequalification module and advanced underwriting technology.”
The companies are in beta with the embedded platform and are planning a full launch in Q1 of 2025.
Firms interested in participating in the beta or getting “access to the full platform when it’s launched can inquire on the BizEquity website.”
As noted in the update, BizEquity’s mission is to democratize business valuation knowledge for “every business owner in the world and for the advisors who serve them.”
Via their Valuation-as-a-Service (VaaS) software platform, BizEquity makes business valuation knowledge “accessible to millions of businesses worldwide.”
With the “largest” online business valuation cloud-based software product and service, and an “extensive” database, BizEquity‘s platform is used financial services firms and 4,000 advisors, including the following: TD Bank, UBS, Morgan Stanley, and PNC.
Founded in 2007, Biz2Credit has reportedly helped firms access over $10 billion in small business financing.
The company is expanding its Biz2X tech in custom digital platform solutions for banks and other financial institutions, investors, and service providers.
