Is Biz2Credit the lender?

No. Biz2Credit says it is not a lender. Revenue-based financing is provided through Itria Ventures LLC, its wholly owned subsidiary. Term loans are funded by Itria Ventures or by Cross River Bank, a New Jersey state chartered, FDIC insured partner bank.

Does Biz2Credit offer SBA loans?

Not directly. Neither Biz2Credit nor Itria Ventures currently offers or issues SBA loans. Participating lender banks issue them digitally using Biz2Credit's proprietary technology, and Biz2Credit may assist clients in applying through those lenders, subject to eligibility screening.

What is revenue-based financing?

Biz2Credit purchases a business's future receipts at a discount. Repayment comes from an agreed percentage of those receipts, and only from receipts, until the agreed amount sold is reached. Borrowers have a right of true-up and reconciliation to ensure payments come only from receivables.

How much can a business borrow?

Term loans and revenue-based financing are listed from $25K to $2M+, and a line of credit goes up to $500K. Term loans require a FICO score of 650 and $100,000 in revenue, and the line of credit is not available in all states.

Debt marketplaces

Biz2Credit

Biz2Credit is a fintech company that helps small businesses get funding. Founded in 2007 and based at 1 Penn Plaza in New York, it says it has been trusted by over 200,000 small businesses, and its platform matches a business to funding options based on its profile after an online application that takes a few minutes.

Biz2Credit states that it is not itself a lender. Revenue-based financing is provided through Itria Ventures LLC, a wholly owned subsidiary. Term loans are funded by Itria Ventures or by Cross River Bank, a New Jersey state chartered, FDIC insured partner bank. Neither Biz2Credit nor Itria Ventures currently offers or issues SBA loans directly; participating lender banks issue them using Biz2Credit's technology, and Biz2Credit may assist clients in applying through those lenders.

Fixed-rate term loans and revenue-based financing both run from $25K to $2M+, with term loans requiring a FICO score of 650 and $100,000 in revenue. A line of credit goes up to $500K with interest charged only on the amount drawn, and it is not available in all states. Commercial real estate loans, working capital, and embedded finance are also listed. Decisions are advertised as fast as 24 hours. In revenue-based financing, Biz2Credit purchases future business receipts at a discount and is repaid from an agreed percentage of those receipts only, with a right of true-up and reconciliation.

A CPA Business Funding Portal gives accounting firms a route to financing for their clients, and Biz2X licenses the underlying platform to financial institutions running their own lending. Biz2Credit names Paychex and Experian among its partners, and says Itria Ventures was the #7 lender in the Paycheck Protection Program in 2021. Rates and fees are not published, and the site quotes two different lifetime financing totals and two different phone support windows, so verify both before relying on them.

Best for

Small businesses needing $25K to $2M+ quickly that can show a 650 FICO score and $100,000 in revenue for a term loan. Not a fit for borrowers who want a bank relationship or published rates, since Biz2Credit is not itself the lender and publishes no pricing.

What they do

Fixed-rate term loans from $25K to $2M+
Revenue-based financing repaid from business receipts
Business line of credit up to $500K
Commercial real estate loans
Working capital financing
SBA loan application help through participating lender banks
CPA Business Funding Portal for accounting firms
Biz2X lending platform licensing for financial institutions
Embedded finance for partners

Details

Attribute	Value
Founded	2007

What stands out

Founded in 2007, and says it has been trusted by over 200,000 small businesses.
Not a lender itself: revenue-based financing runs through wholly owned Itria Ventures LLC, and term loans through Itria or Cross River Bank, an FDIC insured New Jersey state chartered bank.
Term loans and revenue-based financing run $25K to $2M+, with term loans requiring a 650 FICO score and $100,000 in revenue.
Lines of credit go up to $500K, charge interest only on the amount drawn, and are not available in all states.
Says Itria Ventures was the #7 lender in the Paycheck Protection Program in 2021.

Common questions

Is Biz2Credit the lender?: No. Biz2Credit says it is not a lender. Revenue-based financing is provided through Itria Ventures LLC, its wholly owned subsidiary. Term loans are funded by Itria Ventures or by Cross River Bank, a New Jersey state chartered, FDIC insured partner bank.
Does Biz2Credit offer SBA loans?: Not directly. Neither Biz2Credit nor Itria Ventures currently offers or issues SBA loans. Participating lender banks issue them digitally using Biz2Credit's proprietary technology, and Biz2Credit may assist clients in applying through those lenders, subject to eligibility screening.
What is revenue-based financing?: Biz2Credit purchases a business's future receipts at a discount. Repayment comes from an agreed percentage of those receipts, and only from receipts, until the agreed amount sold is reached. Borrowers have a right of true-up and reconciliation to ensure payments come only from receivables.
How much can a business borrow?: Term loans and revenue-based financing are listed from $25K to $2M+, and a line of credit goes up to $500K. Term loans require a FICO score of 650 and $100,000 in revenue, and the line of credit is not available in all states.