Biz2Credit is a loans marketplace that offers quick turnaround term and working capital loans from $250,000 to $2,000,000. But you’ll need a minimum of $10,000 in monthly revenue and a credit score of 650 or higher to qualify. And it only offers a handful of loan types, which don’t include short-term options like lines of credit or merchant cash advances.
If you’re a newer business, have bad credit or need more loan options than what Biz2Credit offers, these sites like Biz2Credit may suit your needs better.
Our 7 top picks for sites like Biz2Credit
- Best for online business loans: Fundera business loans
- Best overall: Lendio business loans
- Best for customer ratings: Lendzi
- Best for newer businesses: BusinessLoans.com
- Best for SBA loans: SmartBiz business loans
- Best for a wide network of lenders: LendingTree business loans
- Best for high approval rates: GoKapital business loans
How does Biz2Credit compare?
Biz2Credit is a highly-rated business loans marketplace that caters to established businesses. Using Biz2Credit, you’ll have access to working capital loans, term loans, and commercial real estate (CRE) loans, as well as ERTC loans for businesses with a valid Employee Retention Credit (ERC) refund claim with the IRS. But unlike the other marketplaces on this list, it doesn’t offer SBA loans, equipment loans or short-term financing options like lines of credit, merchant cash advances or invoice factoring.
Pros
- Competitive rates
- Highly rated by past customers
- Flexible payments
Cons
- Loan types are limited
- No loans under $250,000
- Approval can take up to 24 hours
- Underwriting fee applies at closing
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