borro, a leading personal asset lender specializing in loans for small businesses and entrepreneurs, today announced that it has partnered with Biz2Credit™, the #1 online credit resource for small businesses. The partnership brings borro's innovative personal asset lending solution to Biz2Credit's 1.6 million members, which include small and midsize businesses, financial institutions, partners, and others.
It's February, which means that Valentine's Day is upon us. Retailers are raising the stakes by displaying diamonds in boutiques and with gems and other personal assets now being used as hard investment, diamonds really are forever. However, despite the flurry of upbeat economic reports and recent, near-record highs on Wall Street, is this really the time to take on the burden of additional unsecured debt?
2013 is showing signs of being a good year for small businesses in need of capital. Our most recent Biz2Credit Small Business Lending Index for January 2013 found that loan approval rates at big banks continue to climb. Additionally, small banks are also granting roughly half of the requests they receive, and alternative lenders- merchant cash advance lenders, factors, microlenders, and others - continue to play an important role in the market.
Biz2Credit is proud to partner with Immpreneur.com, an online hub for immigrant entrepreneurs. Founder Foulis Peacock takes pride in sharing the stories of immigrants who have used their foreign experience, their "otherness," to thrive in the U.S.