Are there any fees for using Biz2Credit to find a loan for my business?

Biz2Credit’s services are built for small businesses that need affordable solutions that produce results.  Registration is free and all users will receive the latest industry news and tips from Biz2Credit’s expert network. Monthly subscriptions for using Biz2Credit’s to get matched with a lender start as low as $9 and only range up to $99 for business users. 



Packaging Fee: Packaging Fees are due upon funding of the loan amount. Please see schedule below (as of 12/2009):

Loan Amounts up to $150,000: $2,500

$150,001 - $500,000: 2.5%* of loan amount

$500,001 - $2M: 2%* of loan amount

+$2M: 1%* of loan amount

*Please note that the fees do not apply to SBA(Small Business Administration) loans. SBA loan packaging fees are $2,500, regardless of the loan amount.


# of Loan Applications: Submit a business loan application and receive matches of financial products that meet your financing priorities.


Support:

  • Phone: Receive advice and guidance on how to increase the creditworthiness of your company, select a loan product that meets your business's financing needs and present your company to a lender. Financial document templates are available for use.
  • Case Manager: Receive one-on-one assistance from a Biz2Credit case manager to package your loan application, present your business to the lender and manage the communication with your lender. All case managers are debt financing experts and well versed in the latest financial products and requirements. Assign a case manager to your account and we'll schedule an introductory phone call within 1 business day to get to know you, your business and your financing priorities.


Lender Updates: After submitting a business loan application, receive real-time updates on new financial product matches as they're added to the system.


Document Storage: Upload, organize, and share your financial documents directly through your Biz2Credit account.


 
 

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