Tag : Biz2Credit

AadhaarPay and Cash Are the Most Preferred Modes of Payment for Women Customers
Digital Fintech Fintech Primers News

Biz2Credit Supports Biden-Harris Administration’s PPP Changes to Promote More Equitable Access to Capital

Fintech News Desk
by Fintech News Desk0
Largest Provider of SBA-Approved PPP Loans (Over 98% to Businesses with Under 20 Employees) Says Rules Changes Will Improve Access in Underserved Communities Biz2Credit, a leading FinTech company and parent of an SBA-approved processor of Paycheck Protection Program (PPP) loans, is applauding the reforms to the PPP that the Biden-Harris administration......
Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January
Banking Fintech Fintech Funding Investment Services News Trading

Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly to 13.2% in January 2021 from December 2020’s figure of 13.1%, according to the latest Biz2Credit Small Business Lending Index™ released today. In comparison, one year ago in January 2020, big banks approved a record high......
Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January
Business Fintech News

Biz2Credit Study Shows PPP Had Large, But Short-Lived Effect on Small Business Survival

Fintech News Desk
by Fintech News Desk0
Small Business Economic Indicator Study Examined Cash Flow, Predicts Many Bankruptcies Possible without PPP2 Stimulus Biz2Credit’s new six-month analysis of COVID-19’s impact on small businesses found that government lending programs restored sufficient capital for businesses to weather the effects of the pandemic for a short period, but that many firms......
HSBC Launches New Service with Biz2Credit to Streamline Banking for Small Businesses in the US
Banking Fintech News

HSBC Launches New Service with Biz2Credit to Streamline Banking for Small Businesses in the US

Fintech News Desk
by Fintech News Desk0
HSBC Bank’s launch of the Biz2X Platform gives customers faster access to loans and credit cards HSBC Bank USA, N.A., part of HSBC Group, today announced it is working with Biz2Credit to give small business owners quicker and easier access when applying for business financing. As part of the HSBC......
Poll of Small Business Owners Says Republicans Would Do a Better Job on COVID Recovery, Says Biz2Credit’s Election Day Survey
Fintech News

Poll of Small Business Owners Says Republicans Would Do a Better Job on COVID Recovery, Says Biz2Credit’s Election Day Survey

Fintech News Desk
by Fintech News Desk0
A Biz2Credit survey conducted on Election Day found that more than half (51%) of the 200 small business owners who responded believe that Republicans will do the most to help small businesses recover from the COVID-19 pandemic, while nearly one-third (32%) felt the Democrats would do a better job. Less......
Biz2Credit Unveils Rebranding, New Logo for Its Biz2X Lending Platform for Banks
Banking Fintech News

Biz2Credit Unveils Rebranding, New Logo for Its Biz2X Lending Platform for Banks

Fintech News Desk
by Fintech News Desk0
 Biz2Credit, the leader in online small business finance, unveiled new branding for Biz2X, its global SaaS platform to enable financial institutions to provide a customized online lending experience for their small and midsize business customers. Read More: Ping An says ESG Adoption in China Presents Opportunities for Technology Companies The Biz2X Platform has......
Costs Exceed Revenue for Many Latino-Owned Businesses Since The COVID-19 Pandemic Began, According to Biz2Credit’s Annual Study
Business Fintech News

Costs Exceed Revenue for Many Latino-Owned Businesses Since The COVID-19 Pandemic Began, According to Biz2Credit’s Annual Study

Fintech News Desk
by Fintech News Desk0
Before the coronavirus pandemic hit, revenue growth of Latino-owned companies was up 10% over last year, but like most other businesses in America, their fortunes have declined dramatically since March, according to the annual Biz2Credit Latino-Owned Business Study for 2020. Read More: Black Knight Delivers a Major Enhancement to Its CompassPoint Pool......
AICPA, CPA.com and Biz2Credit Launch New Platform for Small Business Funding
Fintech Fintech Funding News

AICPA, CPA.com and Biz2Credit Launch New Platform for Small Business Funding

Fintech News Desk
by Fintech News Desk0
Cloud Solution Incorporates Enhanced Administrative Capabilities to Manage PPP Loan Forgiveness and Provide Lending Solutions to CPA Clients The American Institute of Certified Public Accountants (AICPA), its business and technology arm, CPA.com, and fintech leader Biz2Credit announced they are teaming up on a new platform, CPALoanPortal.com, to streamline the process......
Banking Fintech News

Small Business Loan Approval Rates at Banks Fell in August 2020: Biz2Credit Small Business Lending Index™

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) and small banks dropped slightly in August 2020, an indication that the upward trend that began in May has plateaued, according to the Biz2Credit Small Business Lending Index™ released today. “PPP loans came to a halt on August 8, and......
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