Tagged: biz2credit

Biz2Credit Announces Partnership With Oriental Bank to Expand Online Access for Small Business Financing in Puerto Rico

Biz2Credit announce on Thursday it has formed a partnership with Puerto Rico’s Oriental Bank to help develop a digital lending platform for the bank’s commercial clients. According to the Biz2Credit, Oriental Bank will be considered the first bank in Puerto Rico to engage commercial clients through… Read More

Biz2Credit March 2017 Report: Small Biz Lending Approval Improve at Institutional Investors & Small Banks But Stalls at Big Banks

Biz2Credit announced on Tuesday that its latest small business lending index revealed that loan approval rates at institutional investors and small banks improved in March 2017. Big banks’ ($10 billion-plus in assets) loan approval was stagnant during the month but remained at an all-time Index… Read More

Biz2Credit & Columbia Business School to Host Frontiers of Digital Finance Conference in New York City

Biz2Credit announced on Tuesday it is teaming up with Columbia Business School to host the inaugural conference of Frontiers of Digital Finance on May 31st at Lerner Hall of Columbia University’s campus in New York City.  According to Biz2Credit and Columbia Business School, the conference will… Read More

Latest Biz2Credit Small Business Lending Index February 2017 Reports: Small Biz Lending Approval Rates Surge at Big Banks, Institutional Investors

On Wednesday, Biz2Credit announced its latest small business lending index revealed that loan approval rates at big banks ($10 billion+ in assets) improved to new post-recession highs in February 2017. The index also reported small banks and institutional investors also experienced an uptick in their loan approval… Read More

Biz2Credit Study Reveals: Annual Revenues & Profits of Women-Owned Businesses Leaped in 2016

Biz2Credit announced on Tuesday that its latest study revealed that the average annual revenues of women-owned businesses increased 47 percent and average annual earnings jumped 61 percent last year among companies that applied for funding through its online credit marketplace. The company reported the average… Read More

Biz2Credit Announces Partnership with Payment Processor BluePay to Expand Clients’ Access to Capital

Biz2Credit announced on Tuesday it has formed a partnership with BluePay, a provider of technology-enabled payment processing solutions for merchants and suppliers in North America. According to Biz2Credit, the partnership will create a new co-branded landing page hosted by BluePay will provide its clients with access to Biz2Credit’s… Read More

Biz2Credit Forms Partnership with Tradeshift to Expand Access to Capital Through New Platform App

Biz2Credit announced on Thursday it has formed a partnership with Tradeshift to expand access to capital through a new platform app. According to Biz2Credit, companies that use Tradeshift will gain access to Biz2Credit’s small business lending marketplace through the app. Users will receive an instant… Read More

OCC Fintech Charter: We Need a Government that Embraces Financial Innovation

The Office of Comptroller of the Currency (OCC) is an independent bureau within the United States Department of the Treasury that was created by the National Currency Act of 1863 (154 years ago, 20 years before the automobile was invented by Karl Benz from Germany)…. Read More

Biz2Credit Reports: Small Biz Loan Approval Rates Improve to New Highs at Big Banks

Loan approval rates at big banks ($10 billion+ in assets) picked up where they left off in 2016, improving to post-recession highs in January 2017, according to the most recent Biz2Credit Small Business Lending Index. This monthly report analyzed over 1,000 small business loan applications on… Read More

Biz2Credit Reports: Small Biz Loan Approval Rates at Banks & Institutional Lenders Reach New Heights in November 2016

On Tuesday, Biz2Credit released its latest small business lending index, which reportedly revealed that loan approval rates at big banks and institutional lenders continued their recent surge and improved to new highs last month (November 2016). The monthly analysis was conducted on over 1,000 small… Read More

Biz2Credit Reports: Small Biz Loan Approval Rates at Big Banks and Institutional Lenders Continued to Surge in October

On Thursday, Biz2Credit announced its recent Small Business Lending Index report revealed that loan approval rates at big banks and institutional lenders improved to all-time highs in October 2016. The report stated that small business loan approval rates at big banks improved to 23.5% during… Read More

Biz2Credit Annual Study Reveals: Revenues at Hispanic-Owned Companies Improve Substantially In Year-to-Year Comparison

On Wednesday, Biz2Credit released its annual study that revealed revenues at Hispanic-owned companies improve substantially in a year-to-year comparison. Hispanic entrepreneurs on the website notably grew by 68.7% in the past 12 months and Hispanic-owned companies had average annual revenues of $202,327, up from $68,540 the… Read More

Biz2Credit Small Business Lending Index: Small Business Loan Approval Rates at Big Banks & Institutional Lenders Continued to Surge in September

On Tuesday, Biz2Credit released its latest small business lending index that revealed loan approval rates at big banks and institutional lenders have improved to all-time highs in September 2016. Sharing details about the index, Rohit Arora, CEO and co-founder of Biz2Credit, stated: “The Federal Reserve… Read More

Biz2Credit Says Bank SME Loan Approvals Moved Up in August

Small business loan approval rates at larger banks, institutions with $10 billion or more in assets,  bounced back in August, according to the most recent Biz2Credit Small Business Lending Index. Further, approval percentages at institutional lenders hit a new Index high. Meanwhile, approval rates at small… Read More

Biz2Credit Reports: Loan Approval Rates Drop at Big Banks and Alternative Lenders in July 2016

On Tuesday, Biz2Credit unveiled the findings of its recent small business lending index, which revealed that loan approval rates at big banks (over $10 billion in assets), alternative lenders, and credit union dipped in July 2016. CEO of Biz2Credit and who oversaw the research, Rohit… Read More

Biz2Credit Announces Partnership With Australian Finance Group For International Small Business Financing Expansion

Online resource for small business finance, Biz2Credit, announced on Tuesday it formed a new partnership with Australian Finance Group (ASX: AFG), one of Australia’s largest providers of mortgage brokering services, as it prepares to expand its international small business financing.  Sharing details about the new partnership, AFG COO David… Read More

Biz2Credit Reports: Small Biz Loan Approval Rates at Banks Continue to Improve in June 2016

Online resource for small business finance, Biz2Credit, released its latest Small Business Lending Index on Tuesday, which revealed that small business loan approvals at banks continued to improve. According to the report, small business loan approval rates at big banks ($10 billion+ in assets) improved to a… Read More

Biz2Credit’s Latest Lending Index Reveals: Small Biz Loan Approval Rates at Big Banks & Institutional Investors Improve in May 2016

Online resource for small business finance, Biz2Credit, released its monthly lending index that revealed loan approval rates at big banks ($10 billion+ in assets) and institutional lenders increased while small banks, alternative lenders and credit unions experienced a drop in their loan approval rates in the last… Read More

Biz2Credit Set to Offer Online Financing to Thousands of Small & Mid-Sized Companies in India

Online resource for small business finance, Biz2Credit, announced on Friday that it is set to offer online financing to thousands of India-based small and mid-size companies that are looking for business loans. The company noted it will facilitate loans and finance from $5,000 to $5 million in… Read More

Biz2Credit Reports: Loan Approval Rates at Banks Improve, While Alternative Lenders’ Percentages Drop Significantly in April 2016

On Tuesday, online resource for small business finance, Biz2Credit announced its recent reported revealed that loan approval rates at banks improved while alternative lenders’ percentage dropped significantly last month. The website confirmed that big banks ($10 billion+ in assets) approved 23.1% of loan applications in… Read More