/EINPresswire.com/ NEW YORK – May 24, 2010 — Biz2Credit LLC helped a New Jersey based community bank fund its first SBA deal.
The community bank uses Biz2Credit’s cutting-edge technology to analyze business’ credit worthiness, capital structure and financing priorities; along with DocVault™ to manage and store loan documents.
“It is difficult for community banks and small business owners / entrepreneurs to connect,” said Biz2Credit CEO Rohit Arora. “Biz2Credit helps financial institutions and business owners through our easy-to-use online system that provides access to credit and financial services in a transparent and secure environment.”
Ms Khanna, owner of a start-up franchise business stated that getting a SBA loan with limited collateral was beyond her wildest dream, especially after she was turned down by multiple banks. “Working with Biz2Credit helped me to contact the local and community banks. Their CaseManagers™ service was extremely helpful in organizing my documents and interactions during the loan process.”
“Our system takes away much of the guesswork from the complicated and (often) intimidating process of securing a small business loan,” Arora said. “We empower entrepreneurs to focus on running and growing their businesses, while successfully navigating through red tape.”
Small business owners can register for free to submit a financing request at www.biz2credit.com.
Biz2Credit (www.biz2credit.com) is a business marketplace working with small business entrepreneurs. Its patented technology is used by a large network of financial institutions and credit rating agencies. Biz2Credit was ranked among 100 top emerging companies by KPMG in 2008 and #1 financing resource by Entrepreneur magazine. The company is headquartered in New York, NY.
121W. 27th Street, Suite 404
New York, NY 10001
Tags: business line of credit, small business lending