Biz2credit LLC

Biz2Credit Announces Record Monthly Loan Application Volume and Launches Business Analysis Tool

 

New York, NY -- (SBWIRE) -- 03/26/2010 -- Biz2Credit.com, the leading small business lending marketplace today announced record growth in its monthly loan volume as small businesses continue to adopt Biz2Credit as their top choice for accessing small business credit. In the past one month Biz2Credit started processing over USD50 million in new loan applications.

The company added 15 new lenders to its platform and has launched a key integration with Dun & Bradstreet and BusinessesforSale.com. Some of the lenders include leading nonprofit organizations in North East US.

Besides this Biz2Credit also launched a new Business Analysis tool which help small business owners to get a free analysis of their business, their credit worthiness and risk factors attached to their business based peer to peer comparison.

Ramit Arora, Cofounder and President of Biz2Credit stated that “We are seeing an increasing volume of loan application as there is a lot of pent up demand. Lenders are also coming back as some of them have an increasing appetite for lending again. The credit markets seem to be opening up bit by bit and it is a great time for startups as well as well established businesses to start looking for credit.”

About Biz2Credit:
Biz2Credit was founded in 2006 to provide education, credit fulfillment, and networking services to minority small business owners. We have over 75 banks offering 140 products along with 30 national & international organizations. Biz2Credit has funded over 3500 small business owners to a tune of USD 200 million since inception. Biz2Credit was selected by KPMG as one of the 100 hottest emerging private companies in the US; and was rated by Entrepreneur Magazine as the number one small business financing resource in United States. Our major focus is on small businesses in the Unites States, and in emerging markets like India, Brazil, and Mexico.

For More Information please contact Nikhil at 212-644-4555 Ext 103 email: mailto:nikhil@biz2credit.com