Using Information from D&B, Biz2Credit Tool Recommends Steps Entrepreneurs Can Take to Increase Their Attractiveness to Lenders and Boost Their Chances of Securing Capital

New York, NY -- (SBWire) -- 02/01/2011 -- Capital for start-ups and expanding companies, has taken its innovation to the next level with the introduction of its free BizAnalyzer™ Appfor Android (http://bit.ly/hlmwbl).

Utilizing information from Dun & Bradstreet (D&B), BizAnalyzerprovides a free financial check-up for small business ownersand makes the loan application process more efficient by enabling borrowers to download and review their credit scores. BizAnalyzer benchmarks the risk assessment of a small business owner against the lending criteria of 250+ financial institutions and the risk profiles of industry peers.

Factoring in the credit ratings that ultimately impact credit decisions by lenders, Biz2Credit’s algorithm then suggests the best loan options possible.Small business owners submit financial information including:

- Description of business assets (Real Estate, Equipment, Inventory, Accounts Receivable)
- Business Name
- Industry
- Personal Credit Score (500 -- 850)
- Age of Business (Year 1, 2, 3, etc.)
- Loan Amount Acceptable (Min $, Max $)
- Business Legal Structure (Sole Proprietorship, Corporation, LLC, Partnership, Non Profit)
- Residence Status (Own, Rent or Neither)
- Home Value
- Monthly Mortgage/Rent Payment
- Average Monthly Expenses (Other)
- Average Monthly Income

Based on a weighted formula of recent underwriting trends, BizAnalyzer generates an overall score (on a scale of 1-100%) rating the level of risk that a business presents to a potential lender. The assessment is then broken out by the following sections, based on information provided by small business owners searching for capital: Personal Credit Score, Debt-to-Income Ratio, Time in Business, Industry Risk, and Corporate Risk.The tool also can recommend products and services tailored to help increase small business owners’ credit scores and improve the odds of securing funding.

Biz2Credit members who use Biz Analyzer™ for Android are also able to request a D&B report for $119 (normally priced at $449) and get D&B credit monitoring for free.

(Editor’s note: A simulated BizAnalyzer App process video posted on Biz2Credit’s YouTube channel demonstrates how the tool works. Visithttp://www.youtube.com/watch?v=_6m64BzbbR8.)

“Our BizAnalyzer App for Android creates a snapshot of a small company’s risk level and how the owner can decrease that risk to a potential lender,” said Rohit Arora, CEO and co-founder of Biz2Credit. “The tool can recommend specific service providers that will help small business owners take steps to decrease their risk and thus increase their chances of getting funding.”

About Biz2Credit
Founded in 2007, Biz2Credit http://www.biz2credit.com connects small business owners with lenders and service providers, thus empowering them to effectively compete with big businesses and grow their enterprises. Biz2Credit matches small businesses with credit solutions based on online profiles that can be completed in less than five minutes in a safe, efficient, price-transparent environment. Its network consists of more than 40,000 members and 250+ lenders, as well as credit rating agencies such as Dun & Bradstreet, and major small business service providers including Dell.

Biz2Credit was ranked among 100 top emerging companies in the U.S. by KPMG in 2008 and the top financing resource by Entrepreneur magazine in 2009. Having secured nearly $400 million in funding for small businesses throughout the U.S. and currently processing 3,000+ loan applications monthly, Biz2Credit is widely recognized as the #1 credit resource for small businesses.