Press
Biz2Credit Launches Website to Help Small Businesses in Need of Financing to Recover from Hurricane Sandy
Small Business Finance Platform Offers Free Consultation on SBA Disaster Loans and Other Forms of Funding and Links to Complementary Resources
New York, NY, November 8, 2012 — To assist the vast number of small businesses impacted by Hurricane Sandy, Biz2Credit, the leading online resource for small business finance, today launched a landing page with advice on recovery assistance and a special package of services to help companies in need of loans and working capital in the storm’s aftermath.
Small businesses New York, New Jersey, Connecticut and other states impacted by Hurricane Sandy can visit the Biz2Credit Hurricane Sandy Page (https://www.biz2credit.com/small-business-funding/disaster-loans.html). To help small business recovery, Biz2Credit is providing:
- Free registration and 1 GB document storage on Biz2Credit.com.
- Information about SBA Disaster Loans and free assistance in filing the forms properly
- Links to FEMA resources and other useful websites
- One free month of financial consultation by a Biz2Credit case manager ($499 value)
- Access to Biz2Credit’s proprietary BizAnalyzer, which provides small business owners with a financial snapshot of their companies and recommends ways to increase credit scores and lower their interest rates ($99 value)
“While SBA Disaster Loans are usually processed quickly, small business owners may have immediate cash needs to pay for recovery costs, normal working capital, and payroll. There are many lenders who are willing to grant loan requests almost instantaneously,” said Rohit Arora, CEO of Biz2Credit and one of the nation’s leading experts in small business lending.
Additionally, a number of lenders that specialize in rapid approvals of funding requests, such as merchant cash advance companies and factors, have agreed to waive their first month’s payment to borrowers who work through Biz2Credit.
“Many small business owners don’t have the wherewithal to argue with their insurance companies over what is covered, nor do they have a lot of time to wait for their claims to be processed. Those who need money quickly can get it from the lenders in the Biz2Credit network,” Arora added.
About Biz2Credit
Founded in 2007, Biz2Credit is a leading credit marketplace connecting small- and medium-sized businesses with lenders, service providers, and complimentary business tools. The company matches borrowers to financial institutions based on business’ unique profile — completed in less than four minutes — in a safe, efficient, price-transparent environment. Biz2Credit’s network consists of 1.6 million users, 1,100+ lenders, credit rating agencies such as D&B and Equifax, and small business service providers including CPAs and lawyers. Having secured $750 million in funding throughout the U.S., Biz2Credit is widely recognized as the #1 credit resource for small businesses. Biz2Credit also releases a monthly Biz2Credit Small Business Lending Index, which tracks loan approval rates of banks, credit unions, and alternative lenders.