Tagged: biz2credit

Biz2Credit’s New Small Business Lending Index Reveals: Bank & Institutional Lender Loan Approval Rates Climb in September 2017

On Tuesday, Biz2Credit announced the release of its latest monthly analysis, which revealed that Business loan approval rates at big banks ($10 billion-plus in assets) hit another post-recession high in September 2017. According to the report, Small business loan approval rates at big banks improved two-tenths of… Read More

Biz2Credit Teams Up With Columbus Business School to Host Frontiers of Digital Finance Conference

On Wednesday, Biz2Credit announced it has teamed up with the Columbus Business School to host the Frontiers of Digital Finance in New York on October 2nd-3rd. According to the duo, the conference will drive a discussion among those in the industry as well as policy makers… Read More

Biz2Credit’s Latest Small Business Lending Index Reveals: Loan Approval Rates at Big Banks Reached New Post-Recession High in July 2017

On Tuesday, Biz2Credit announced the release of its latest monthly analysis, which revealed that loan approval rates at big banks ($10 billion-plus in assets) increased to a new post-recession high in July 2017 and the loan approval percentages of institutional investors also set a new… Read More

Biz2Credit’s Latest Small Business Lending Index Revealed: Loan Approval Rates Rebound at Big Banks in June 2017

On Tuesday, Biz2Credit announced its latest Small Business Lending Index revealed that loan approval rates at big banks, $10 billion-plus in assets, increased to post-recession highs in June 2017 while small banks, alternative lenders, and credit unions experienced a decline in the percent of funding… Read More

Biz2Credit Reports: Loan Approval Rates Drop at Banks & Alternative Lenders in May 2017

On Tuesday, Biz2Credit released its latest Small Business Lending Index that revealed loan approval rates at big banks, small banks, alternative lenders, and credit unions took a slight dip in May 2017. According to the lending platform, small business loan approval rates at big banks… Read More

Biz2Credit’s Latest Small Business Lending Index Reports: Big Bank Loan Approvals Rates Improves Following Setback Month

On Tuesday, Biz2Credit released its latest small business lending index which revealed loan approval rates at big banks ($10 billion-plus in assets) rebounded in April 2017 after a setback month. The company reported that small business loan approval rates at big banks increased by two-tenths of… Read More

Biz2Credit Names New York City The 2017 Best Small Business City in America

Biz2Credit announced on Tuesday it named New York City the 2017 Best Small Business City in America. According to the company, this vote was based on a weighted average that includes annual revenue, credit score, age of business (in months), and a BizAnalyzer score that factors in cash… Read More

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