SuperMoney 
  Biz2Credit Business Loans

Biz2Credit Business Loans

in Business Loans from Biz2Credit Inc

Unaffiliated

Biz2Credit Business Loans

Unaffiliated

in Business Loans from Biz2Credit Inc

SuperMoney Net Recommendation Score +22% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Mostly recommended

11 users recommend
0 users are unsure
7 users don't recommend
Cast your vote
Cast your vote

Would you recommend Biz2Credit Business Loans to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Community Rating Mostly recommended
Loan Amount $5,000 - $5,000,000
APR 5.99% - 99%
Loan Term N/A months
Number of Reviews 18

Biz2Credit Business Loans Review

Where does Biz2Credit Business Loans do business?

Biz2Credit Business Loans is a business financing offering by Biz2Credit Inc, based in New York, NY. Founded in 2007, Biz2Credit Inc offers access to business loans in 50 states (and Washington, DC).

What are Biz2Credit Business Loans’s rates?

Biz2Credit Business Loans offers a business financing product that ranges from 5.99% APR up to 99% APR.

Does Biz2Credit Business Loans charge an origination fee?

Yes, Biz2Credit Business Loans charges a loan origination fee.

What limitations does Biz2Credit Business Loans set on the purpose of the loan?

Biz2Credit Business Loans considers loan applications for business purposes, such as:

  • Business Debt Refinance
  • Equipment Purchase
  • Lease Improvement
  • New Location
  • Product or Service Expansion
  • Working capital

What types of business loans does Biz2Credit Business Loans offer?

Not all business loans are made equal. The type of loan you choose will determine the range of rates and terms you receive. Biz2Credit Business Loans provides access to the following business loan types:

  • Unsecured term loans
  • Secured Term Loans
  • Lines of Credit
  • SBA Loans
  • Invoice Financing
  • Merchant Cash Advances

Does Biz2Credit Business Loans charge prepayment fees?

Yes, Biz2Credit Business Loans charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a loan early.

How much can you borrow from Biz2Credit Business Loans?

Loan amounts start at $5,000 and go up to $5,000,000.

What do you need to qualify for Biz2Credit Business Loans?

Biz2Credit Business Loans does not require borrowers to have been in business for a minimum number of years. Businesses don't have to meet a minimum annual revenue to be considered.

Applicants with a credit score of at least 560 and up to 850 are eligible for Biz2Credit Business Loans.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the Biz2Credit Business Loans product fall outside of the MLA limits and as a result the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Biz2Credit Business Loans. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

  • Proof of income
  • Proof of identity
SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Contact

  • Headquarters
  •   1 Penn Plaza, 45th Floor
    New York, NY 10119 USA
  •   Visit Site

About Biz2Credit Business Loans

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Employment Statuses Considered
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Military Status
  • Non-Military
  • Veterans
Verification Documents Required
  • Proof of Identity
  • Proof of Income
Loan Amount $5K - $5M
APR 5.99% - 99%

Biz2Credit Business Loans Community Reviews

 

Would you recommend Biz2Credit Business Loans to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Business Loans

Fora Financial
Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

3 Reviews

OnDeck
Mostly recommended

13 Reviews