Biz2credit offers up to $6,000,000

Applicants with a credit score of at least 560 and up to 670 may be eligible for Biz2Credit Business Loans.

A good loan for a business owner is a great solution to have more money to do more things in the business, whether it is to finance operations, pay employees, buy more raw materials, or invest in some sector where there is a window of opportunity.

If you fit this profile, you are in the right place. Biz2Credit offers three types of financing options, where the first is Working Capital Loans, aiming to have quick capital on hand for emergency needs and with loan amount ranging from $25,000 to $2 million or more, with an underwriting fee of $250 to $400 (depending on the size of the business).

The second option is Commercial Term Loans, where in this case, it is the best way for you to carry out your daily business operations with peace of mind and ease in your wallet. The loan amount is between $25,000 to $500,000 or more, with APR starting at 10%, with an underwriting fee of $250 to $400.

Finally, the third option is Commercial Real Estate Loans, ideal if you want to buy a new building for your business or to renovate your current business building – the loan amount ranges from $250,000 to $6 million, with APR starting at 7.99% and underwriting rate from $250 to $400.

Main Advantages of using Biz2credit

Biz2credit is available in all USA except North Dakota, South Dakota, Nevada, Rhode Island and Vermont. In addition, it offers simple interest rates, rather than compounded rates, with good terms and a variety of choices.

But there is a little more to this line of credit that may convince you to get a loan and fulfill your favorite business dreams. Some advantages include:

  • High loan amounts
  • Funds are disbursed quickly
  • Minimum credit score of 575
  • Get cash in less than 24 hours
  • Various types of financing available
  • Application process is quick and easy
  • Borrower qualifications are lower than going through banks

Biz2credit is an easy-to-use system that allows almost any small business owner to get a loan, depending on their goal – even more so by taking advantage of simple interest rates. 

Cons from Biz2credit

Since not everything is perfect, Biz2credit has some negative points that must be talked about. The first of these is the requirements of having $250,000 in annual sales and a credit score of at least 660 – where many entrepreneurs will not be able to apply.

The second point is related to the payment terms, where the maximum is 36 months, which may scare some entrepreneurs away. Finally, we need to talk about the application process that often leaves much to be desired, with poor customer service.

How to Qualify for Biz2credit

Business loan applications are approved or denied based on several factors. The first requirement is the personal credit score, where the score value depends on the type of product chosen by the applicant. For working capital loans, you will need a score of at least 575 and in the other two cases, you will need 660.

In addition, another requirement is length of time in business, where for working capital loans you need at least six months in business, and for the other types you need to have been in business for at least 18 months. In closing, the last requirement is to have a minimum annual revenue of $250,000, regardless of the product.

So, do you fit these requirements? If so, go ahead.

How to Apply

To get this application, the best way to apply is online through the application form provided on the official Biz2credit website.

Before applying for a loan, make sure you have evaluated your credit report and read all the details in the fine print to avoid confusion when the monthly payment due arrives. Biz2credit will likely conduct an affordability assessment before providing access to funds.

Credit Card
Minimum credit score of 575 Get cash in less than 24 hours
Apply for loans from $25,000 to $6,000,000
Click here to Apply On credit card page
Written By