Tagged: rohit arora

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 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’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 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

Biz2Credit Reports: Owners of Minority Owned Businesses Express Optimism for Future Economic Growth

On Monday, online resource for small business finance, Biz2Credit announced it conducted a survey that included more than 1,500 small business owners. The report stated nearly eight out of ten minority entrepreneurs are confidence that their businesses will grow in the next twelve month while… Read More

Biz2Credit & Tata Capital Forms New Partnership: Expands Online Financing Access to India’s Small Businesses

Biz2Credit, a small business financial technology platform, announced on Monday that it has partnered with financing portal, Tata Capital, to help give India’s small businesses access to online financing. According to Biz2Credit, Tata Capital will be utilizing the acquisition channels on its small business lending marketplace in India, thereby… Read More

Biz2Credit’s Latest Small Business Lending Index Confirms: Loan Approvals at Big Banks Continue to Climb

On Tuesday, a small business financial technology platform, Biz2Credit, released its latest Small Business Lending Index, which revealed that loan approval rates at big banks and institutional lenders have hit new highs in March 2016. According to the report, big banks ($10 billion+ in assets) approved 23% of funding… Read More

Brief: Biz2Credit Announces New Partnership With Advantage Funding

Biz2Credit, a small business financial technology platform, announced on Tuesday that it has formed a partnership with transportation finance firm and provider of equipment financing/leasing solutions, Advantage Funding. Biz2Credit revealed that through the partnership, Advantage Funding will utilize the acquisition channels on the small business lending marketplace… Read More

Biz2Credit Study Confirms: Annual Revenues, Profits, & Credit Scores of Women-Owned Businesses Improved in 2015

Biz2Credit announced on Thursday that it has release a new study that revealed the average annual revenues and loan approval percentages of women-owned companies increased significantly last year. The online  credit marketplace analyzed more than 35,000 applications from business owners on its platform during 2015…. Read More

Down Again: Biz2Credit Reports Small Business Loan Approvals by Banks Continue to Decline

Loan approval rates at both big banks and small banks dropped in January 2016, according to the Biz2Credit Small Business Lending Index, the monthly analysis of more than 1,000 small business loan applications on Biz2Credit. Additionally, loan approval percentages at credit unions fell to an… Read More

Biz2Credit’s December Lending Index: Small Business Loan Approval Rates End Year on High Note

On Tuesday, Biz2Credit revealed that according to its December 2015 small business lending index, approval rates at institutional lenders and big banks improved to a new post-recession highs. The small business financial technology platform revealed as the U.S. economy has steadily improved, big banks and institutional… Read More

Biz2Credit Adds SME Financial Score Simulator Tool to BizAnalyzer: Virtual CFO

Biz2Credit, a small business financial technology platform, today launched the BizAnalyzer Score Simulator Tool. The tool, patented in June, allows small business owners to capture a personalized snapshot of their business health. The Score Simulator acts as a virtual CFO, evaluating how cyclical changes to revenue, cash flow,… Read More

Biz2Credit Forms New Partnership With TaxAct & Webiquity to Boost Small Business Success

Tax preparation and filing solution company TaxAct announced on Monday that it has formed a partnership with marketplace lending platform Biz2Credit and business management platform Webiquity. President of TaxAct, JoAnn Kintzel, stated: “We’re excited to add Biz2Credit and Webiquity as partners in supporting our customers who… Read More

Biz2Credit Forms Strategic Partnership With Customers Bank

Biz2Credit, an online platform for small business funding, announced at the Money20/20 conference a partnership with Customers Bank (NYSE: CUBI), a community-based, full-service bank with assets of approximately $7.6 billion. Biz2Credit will power a fully digital experience for the bank’s small business customers and bank staff. Biz2Credit and… Read More

Biz2Credit Partners with CPA.com, Aiming to Transform the Small and Midsize Business Lending Marketplace

CPA.com today announced a marketing partnership with Biz2Credit, a leading small business lending marketplace. Biz2Credit’s cloud-based platform gives entrepreneurs and small business owners access to a network of more than 1,300 prescreened lenders. Financing, which ranges from $5,000 to $5 million, can be arranged in as little… Read More

Biz2Credit’s July Small Business Lending Index Reveals Institutional Investors Dominating Market

Small business loan approval rates through institutional investors and alternative lenders remained higher than any other category in July 2015, according to the Biz2Credit Small Business Lending Index, the monthly analysis of 1,000 loan applications on Biz2Credit.com. Both categories approved approximately 61% of Biz2Credit’s total… Read More

Lending Platform Biz2Credit Registers 200,000th Small Business Client; Upgrades Patented BizAnalyzer Application

On Monday, lending platform Biz2Credit.com announced that it has surpassed the 200,000 benchmark of small- and mid-sized businesses registered in its client network. The company, which has now arranged more than $1.2 billion financing, also has revamped its patented BizAnalyzer™ tool, which evaluates the financial strength of… Read More

Biz2Credit Targets Hispanic Borrowers with Univision Partnership

Biz2Credit, an online direct lender, has partnered with Univision Enterprises, a media company serving Hispanic America. The agreement is to provide Latino business owners with a broad set of small business finance solutions with a branded platform: Empresitio. “We are thrilled to partner with Univision and… Read More

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