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Start up business loans and challenges

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Start Up business is a new business. A start up business not necessarily means a business provides new products or services but it means that the business is newly formed and is starting off with its operations. – PowerPoint PPT presentation

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Title: Start up business loans and challenges


1
Helping Small Businesses Grow
2
Biz2Credit Who we are
2012 - Entrepreneur.com Top Small Business
Finance Resource 2011 - Crains Top Entrepreneur
  • Funded over 750 million to date
  • Over 1,100 lenders on our platform, including 50
    micro-lenders
  • Have direct reach to our network of over 1.6
    million SMBs

3
There is a fundamental problem in the market today
BANKS OTHERLENDERS
SMALL BUSINESS OWNERS
LACK OF TRANSPARENCY
What product is best for me? Where do I go? Am I
getting the best rate? Process too cumbersome
How do I find good borrowers? How risky are
they? How do I retain customers? How do I manage
declines? Process too cumbersome
4
Biz2Credit is the solution for Small Businesses
5
Start up business loans and challenges
  • Start Up
    business is a new business. A start up

  • business not necessarily
    means a business that

  • provides new products or
    services but it means

  • that the business is
    newly formed and is starting

  • off with its operations.

  • Among the many challenges
    that a start ups

  • face, lack of funds is a
    primary concern. Every

  • new business requires
    working capital to invest in

  • equipments, resources and
    the like. Without any

  • capital, the business
    will dry up and not be able to
  • run even before it starts. Start up business
    loans hence are a great way of providing fuel to
    your
  • business. There are many financing options from
    traditional lenders to alternative lenders.
  • Biz2Credit will help you choose the best
    financing option for your business based on the
    size and
  • the type of business you are in.

6
Start up loan programs-The market today
  • There are various start up loan programs
    available in the market today. With varied
    options
  • customers are spoilt for choice, hence choosing
    the right start up business loan has become
  • More important.
  • Micro loans
  • SBA 7(a) and CDC/504 loan program
  • Operating line
  • Term loan
  • Other start up financing

Operating Line
Term Loan
SBA 7(a)/CDC-504 loan program
Other Financing options
Biz2Credit
Micro Loans
7
Benefits you have with Biz2Credit
  • Biz2Credit helps you to achieve your business
  • goals. With more than 1200 plus lenders and
  • having arranged 800 million in funding, we
  • help you connect with the right lender to help
  • you build your business. Through our online,
  • safe and transparent platform you get to
  • choose your lender in less than 4 minutes.
  • To help you run your business efficiently
  • we have various programs for you to help
  • you along the way.
  • -10 off on Business plan report
  • -50 off on Equifax credit report
  • -Free consultancy and free registration
  • -95 repeat customers with 74 loan approval rate
  • Start up loan funding from 5,000 to 1 Million
  • Biz2Credit has preapproved lenders which consist
    of banks, credit unions, micro lenders, CDFIs,
  • VCs and alternative lenders. We also provide
    services to those borrowers who need assistance
  • throughout the lending process, helping you take
    the right decision for your business.

8
Process to get loan approvals faster with
Biz2Credit
  • Tell us about your business- In order for the
    loans to be processed, the lenders would
  • like to know what your business is, They will
    want to know your business and understand
  • how you are planning to run it. Hence we would
    require you to tell us about your business
  • in detail.
  • Get the perfect match- Based on the information
    provided, Biz2Credit gives you the
  • best, real time options among its lenders
    numbering more than 1200. Through its online
  • platform which is both safe and transparent, you
    just need to upload the documents and
  • Get matched by lenders looking to fund businesses
    such as yours.
  • Choosing the best loan- In less than 5 minutes
    you would be able to know the list of
  • lenders interested to provide you loans based on
    your requirements. In consultation with
  • our experts we will help you choose and recommend
    loan options and lenders that best
  • suit your needs according to your size and type
    of business.

9
Questions?
  • Contact - info_at_biz2credit.com
  • Follow us on
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