Biz2Credit is an online small business funding platform connecting business owners with a range of lenders that offer a wide range of funding options. Biz2Credit connects borrowers with credit solutions based on online profiles that can be completed in less than four minutes in a safe, efficient, price-transparent environment.
Biz2Credit's Product Videos
ESPs containing Biz2Credit
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The lending marketplaces market aims to provide financial inclusion and access to credit for individuals and small businesses who have been left out by traditional financial institutions. The market addresses the pain points of borrowers who lack credit history, documentation, or collateral, and offers a range of financing options with lower costs and faster processing through technology-enabled p…
Biz2Credit's Products & Differentiators
Fast turnaround working capital financing for small business owners.
Expert Collections containing Biz2Credit
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Biz2Credit is included in 4 Expert Collections, including Digital Lending.
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Biz2Credit has filed 1 patent.
Banking, Mortgage, Loans, Static program analysis tools, Credit
Banking, Mortgage, Loans, Static program analysis tools, Credit
Latest Biz2Credit News
Nov 28, 2023
New York, New York, UNITED STATES NEW YORK, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Biz2X LLC today announced a partnership with Mastercard that aims to help improve access to capital for small businesses in the U.S. Lenders using the Biz2X® platform can enhance their ability to improve lending decisions and reduce portfolio risk by evaluating nearly real-time data-driven insights from Mastercard’s Small Business Credit Analytics solution for consenting small businesses. The partnership aims to enable more informed lending decisions for lenders to minimize risk and improve loan portfolio monitoring. This is especially important for companies in traditionally underserved communities or those that might not have a long-established credit history or track record with a lender. “Biz2X empowers successful business lending by delivering turnkey solutions for banks and other lenders to issue more loans by using the best risk management tools on the market,” said Rohit Arora, co-founder and CEO of Biz2X. “Ultimately, our vision is to equip lenders with the digital tools and data solutions they need to approve more business loans with performance confidence to increase the flow of capital to business owners that need it.” Once a small business has provided its consent, lenders using Biz2X can gain access to the Mastercard Small Business Credit Analytics solution that provides key weekly sales insights, based on anonymized and aggregated Mastercard transaction data, about that business in the platform’s underwriting and portfolio risk monitoring workflows. Through the integration, lenders will be better equipped to identify risks in their loan portfolios so they can support struggling borrowers far in advance of a possible default. The portfolio analytics that come with Biz2X PortfolioDNA will now include new data-driven insights that can add visibility into the overall health of consented small businesses, which in turn can help to drive results such as minimizing risk and improving the lender’s decision-making on new loans. This helps to create a profile of that business’s performance that can be valuable when they apply for credit and helps to paint a more complete picture of how the small business performs beyond tax records and other financial documentation. “Empowering small businesses is a commitment to unlocking economic potential,” said Mohamed Abdelsadek, executive vice president of data, insights and analytics at Mastercard. “By increasing transparency into actual business performance, we’re working to ensure that entrepreneurs have more opportunity to thrive and contribute to a dynamic economy. This partnership helps us extend our insights capabilities to lenders to make real impact for main street.” About Biz2X Biz2X® is the platform chosen for business lending at banks and financial institutions of all types and sizes that want to succeed in business lending. Biz2X makes it possible through best-in-class technology that provides enhanced loan management, servicing, risk analytics, and a configurable customer experience. Biz2X is built on the insights and expertise earned from a decade-plus of small business financing and digital platform experience. Learn more about Biz2X Portfolio DNA and follow the company on LinkedIn . Media contact: John Mooney, (908) 720-6057, firstname.lastname@example.org (for Biz2X)
Biz2Credit Frequently Asked Questions (FAQ)
When was Biz2Credit founded?
Biz2Credit was founded in 2007.
Where is Biz2Credit's headquarters?
Biz2Credit's headquarters is located at One Penn Plaza, New York.
What is Biz2Credit's latest funding round?
Biz2Credit's latest funding round is Series B.
How much did Biz2Credit raise?
Biz2Credit raised a total of $302M.
Who are the investors of Biz2Credit?
Investors of Biz2Credit include WestBridge Capital, Direct Lending Investments and Nexus Venture Partners.
Who are Biz2Credit's competitors?
Competitors of Biz2Credit include Fundation, SPARK, Bluevine, Lendio, Fundera and 7 more.
What products does Biz2Credit offer?
Biz2Credit's products include Working Capital and 4 more.
Compare Biz2Credit to Competitors
Kapitus is a company that focuses on providing financial solutions in the small business financing sector. The company offers a range of services including business loans, line of credit, and other financing options to help businesses grow, secure their operations, purchase new equipment, and manage their cash flow. Kapitus primarily serves the small business sector across various industries. It was founded in 2006 and is based in New York, New York.
Lendio operates as an online lending marketplace for small and medium-sized enterprises (SMEs) and lenders including banks and alternative loan providers. It offers business financing, small business loans, building business credit, business loans, and more. It was founded in 2011 and is based in Lehi, Utah.
Numerated is a fintech company that focuses on streamlining business banking through its digital lending platform. The company offers a digital loan origination system that simplifies the process of business banking, from application to decision to close, using data to reduce work for financial institutions and their clients. Numerated primarily serves financial institutions such as banks and credit unions. It was founded in 2015 and is based in Boston, Massachusetts.
LendingFront operates as a technology platform for business lending and consumer lending. It gives lenders the functionality to lend and message small business loans by consolidating the functions usually conducted via multiple separate systems into one platform. The company was founded in 2014 and is based in New York, New York.
Nav develops a credit monitoring and financing platform. It helps business owners get more funding, and lower their costs. Its application gives free access to credit reports and scores specifically for small business owners. Nav was formerly known as Creditera. It was founded in 2012 and is based in Draper, Utah.
FundWell is an online marketplace that prequalifies and matches small businesses and commercial real estate investors to lenders. FundWell users get access to the best funding options they are eligible for today, and improve their fundability for more and lower cost financing in the future.