# Biz2Credit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/biz2credit

- Industry: Software
- Headquarters: New York, US
- Website: www.biz2credit.com
- Total disclosed funding: $52M
- Latest round: Series B (Jun 4, 2019)
- Investors on record: 2

## About

Biz2Credit Inc. is a financial technology company specializing in providing tailored business financing solutions for small enterprises, including term loans and lines of credit to support operational growth.Founded in 2007 and headquartered in New York, US, Biz2Credit Inc. offers a range of financial products for small businesses. The company was established by Ramit Arora and Rohit Arora, who have a background in finance and entrepreneurship. In June 2019, the company raised USD 52.00 mn in SERIES B funding, led by WestBridge Capital with participation from Nexus Venture Partners. This funding round marked a significant investment in Biz2Credit's operations, bringing the total amount raised to USD 52.00 mn and the current company valuation to USD 340.738 mn.Biz2Credit specializes in providing a range of business financing solutions tailored for small businesses. The company offers term loans, revenue-based financing, and lines of credit designed to meet the diverse financial needs of enterprises at various growth stages. These products facilitate quick access to capital, enabling businesses to fund operational costs, expand offerings, or stabilize cash flow. The company has facilitated over USD 8 billion in financing since its inception, serving small business owners across various industries throughout the United States, with some products subject to state-specific limitations.Biz2Credit generates revenue through diverse financing products, focusing on structured loans and credit lines. The company operates through a B2B model, directly connecting with small business owners seeking loans and credit via its online platform. Approval for these loans is typically swift, often within 24 hours, with fixed-rate term loans ranging from USD 25,000 to over USD 1 million. Revenue-based financing options average around USD 110,000, while lines of credit can extend up to USD 500,000. Pricing plans are transparent, ensuring that clients can manage their financial health effectively while accessing necessary funding.In June 2019, Biz2Credit Inc. raised USD 52.00 mn in SERIES B funding to accelerate the growth of its marketplace lending business and expand Biz2X, its digital lending platform through software as a service (SaaS) partnerships with global financial firms. The company plans to enhance its product offerings and is targeting expansion into new geographic markets to further cater to the financing needs of small businesses. Specific timelines and new product launch details have yet to be disclosed.

## Funding rounds

- Series B, Jun 4, 2019, $52M — Nexus Venture Partners, WestBridge Capital

## Investors

- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Series B
- WestBridge Capital — Series B