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Women business owners gain greater access to capital New York, NY and Mclean, VA –3 March 2008 –Biz2Credit LLC and the National Association of Women Business Owners (NAWBO) today announced that they are partnering to improve access to capital and growth opportunities to women nationwide. The partnership will connect women business owners with lenders, service providers and valuable financial information to promote economic development. Access to capital is such a vital ingredient to business growth,”said Rohit Arora, Co-founder of Biz2Credit. “We’re thrilled to provide women entrepreneurs with a channel for credit to increase the influence of this rapidly growing business community. Based on a membership survey in 2006, NAWBO reported that over 52 percent members ranked “expanding my business”as one of the biggest challenges facing their company. About 45 percent also stated cash flow and management problems in the top three of their business concerns. NAWBO is pleased to begin this alliance with Biz2Credit to support women business owners in finding new sources of capital to grow their businesses,”said Erin M. Fuller, NAWBO’s executive director. “With women-owned firms growing at twice the rate of all firms, accessible financing is a top concern for NAWBO and we look forward to sharing Biz2Credit’s resources with our members. About Biz2Credit LLC Founded in 2006, Biz2credit is a small business marketplace that creates a competitive environment of service providers and lenders to empower small business owners. The online platform matches entrepreneurs with credit solutions based on their business profile and preferences in a safe and price transparent environment. Biz2Credit is headquartered in New York City with offices in Pennsylvania. For more information, visit www.biz2credit.com. About NAWBO Since 1975, NAWBO has helped women evolve their businesses by sharing resources and providing a single voice to shape economic and public policy. NAWBO’s goal is to propel women entrepreneurs into economic, social, and political spheres of power worldwide. For more information, visit www.nawbo.org.
Biz2Credit launches minority and women business certification assistance program Service offers entrepreneurs access to corporate and government contracts NEW YORK, N.Y., March 3, 2008 –Biz2Credit LLC today announced the launch of a new program that assists entrepreneurs with minority and women business certification. In alliance with Attorney at Law, Horace Flowers, Biz2Credit will provide entrepreneurs with certification consultation and application assistance. A large number of businesses don’t know about the benefits of certification or simply don’t have time to apply,”said Rohit Arora, Co-founder of Biz2Credit. “New York has only 7,000 minority certified businesses. We hope to promote awareness and help more women and minority entrepreneurs tap into this lucrative resource. Many government and corporate contractors implement supplier diversity programs that designate a percentage of contracts to minority and women business certified enterprises. With certification, vendors can win these projects and effectively compete with big business. Certification provides opportunities to do business with Fortune 500 companies and government agencies,”said Flowers. “Many companies are members of the National Minority Supplier Development Council and the Women Business Enterprise National Council. These organizations have successfully removed barriers for minority and women owned businesses to do business with corporate America. Certification is available for minority and women owned businesses of all sizes and ages and often results in significant revenue growth. Interested entrepreneurs should register and contact Biz2Credit directly for a free assessment over the phone. For more information about the benefits of small business programs, please see www.biz2credit.com. About Biz2Credit LLC Founded in 2006, Biz2credit is a small business marketplace that creates a competitive environment of service providers and lenders to empower small business owners. The online platform matches entrepreneurs with credit solutions based on their business profile and preferences in a safe and price transparent environment. Biz2Credit is headquartered in New York City with offices in Pennsylvania. For more information, visit www.biz2credit.com.
Biz2Credit and GASDA alliance to empower gas retailers nationwide New York, NY and Stamford, CT –2 February 2008 –Biz2Credit LLC and The Gasoline and Automotive Service Dealers of American (GASDA) today announced they are partnering to improve access to capital and strengthen the legislative positioning of GASDA members. The partnership will connect small business owners with service providers and lenders, empowering them to effectively compete with big business by innovating their services/products and expanding the reach of their enterprises. GASDA is pleased to be working with Biz2credit,”said Michael J. Fox, Executive Director, GASDA. “Our members can find a network of qualified companies to work with in one easy method, rather than having to spend valuable time to research each company for services they need. Now, GASDA will not bear this burden of finding and qualifying vendors and service companies alone. “We can't think of a more natural partnership,”said Rohit Arora, Co-Founder, Biz2Credit. “Together, Biz2Credit and GASDA will be able to expand the reach and bargaining power of small businesses through greater access to capital and services. This is a phenomenal opportunity to improve the transparency of the small business marketplace. About Biz2Credit LLC Founded in 2006, Biz2credit is a small business marketplace that creates a competitive environment of service providers and lenders to empower small business owners. The online platform matches entrepreneurs with credit solutions based on their business profile and preferences in a safe and price transparent environment. Biz2Credit is headquartered in New York City with offices in Pennsylvania. For more information, visit www.biz2credit.com. About GASDA Originally founded in 1956 as the Gasoline Retailers of Connecticut and now The Gasoline & Automotive Service Dealers of America, Inc. (GASDA, Inc.) has been the professional trade group serving Connecticut’s area Gasoline Retailers, Body Shops, Towing Operators, Independent Repair Shops, Convenience Stores, and Car Washes. In its capacity as the unifying group and voice of its members, the Educational, Legal, Legislative, Public Relations, and Insurance Benefit needs are actively managed by the Association. For more information, visit www.gasda.org.
Biz2Credit launches small business marketplace NEW YORK, N.Y., February 1, 2008 –Biz2Credit LLC today announced the launch of Biz2Credit.com, an international credit marketplace for small business owners that puts lenders and business service providers in a cost competitive environment. The platform provides entrepreneurs with instant and direct access to loans and services through a unique matching, searching and sorting system. We have overcome financing obstacles by selling our business to lenders and then having them compete for us. This enables us to choose the best lending solution as opposed to taking what we can get,”said Ayiesha Selwanes, Dunkin’Donuts Franchisee. “This validates us as a business to the lenders and enables us to choose the best deal. For years, small businesses have suffered from inability to access credit timely and inexpensively from private and public lenders. Now Biz2Credit has successfully created a solution that brings entrepreneurs and lenders together in a safe, price transparent environment where small business owners can compare different financial and service options. “The lines of credit have thus far enabled me to carry on my current consulting and development business as well as go forward with my plan to purchase a real estate franchise,”said president of NJ Rehab, a real estate development firm. “I would not be able to sustain my current business or take steps for my current expansion if it were not for lines of credit obtained for me by Biz2Credit.” Entrepreneurs can register and apply for a loan for free. Each case is presented to multiple lenders. Then, users are matched with the top 3 financial products that they prequalify for based on their business profile and preferences. This enables entrepreneurs to conduct a side-by-side product comparison and view feedback from other borrowers. Within 48 to 72 hours a Biz2Credit case manager will contact each entrepreneur to structure, process and track every deal until funded. Users can monitor the entire process from their online account. Interested entrepreneurs, partners and lenders can learn more about Biz2Credit.com at http://www.biz2credit.com/ About Biz2Credit LLC Founded in 2006, Biz2credit is a small business marketplace that creates a competitive environment of service providers and lenders to empower small business owners. The online platform matches entrepreneurs with credit solutions based on their business profile and preferences in a safe and price transparent environment. Biz2Credit is headquartered in New York City with offices in Pennsylvania. For more information, visit www.biz2credit.com.
Biz2Credit and Capital One Announce Partnership to Offer Minority Small Business Owners a One-Stop Resource for Financial Education and Credit Access New York, NY – July 18, 2008 – Biz2Credit and Capital One Financial Corporation (NYSE:COF), today announced a partnership creating a one-stop resource for minority owned small businesses to learn about and apply for small business credit cards. At www.biz2credit.com, minority small business owners can take advantage of a wide-spectrum of credit education tools and also gain access to credit cards designed specifically for smaller businesses. “We hope to provide entrepreneurs with greater working capital options during the current macroeconomic conditions,” said Rohit Arora, co-founder of Biz2Credit. “These products, in tandem with our credit education tools, will help our small business community maintain healthy and strong cash flows, while giving them the opportunity to apply for credit cards and to earn credit card rewards for their business.” Through the partnership with Capital One Small Business, Biz2Credit’s online community can now apply for, and compare credit cards, from Capital One’s suite of small business rewards credit card products at www.biz2credit.com/capitalone. Capital One’s portfolio of cards includes the No Hassle Miles, Preferred No Hassle Miles, Double No Hassle Miles, No Hassle Cash and the Business Platinum card. Each one of these products gives a range of options tailored for every type of small business owner. Additional benefits of each credit card include:
“We are excited to partner with Biz2Credit, a respected resource for minority small business owners,” said Steve Schooff of Capital One Small Business. “Minority owned small businesses are extremely important to our local economy, our state and to the nation as a whole. We are thrilled to be able to offer this community of small business owners our competitive products and rich rewards through www.biz2credit.com.” “We have surveyed various products in the market and Capital One’s small business credit cards prove to be the best products in the market,” said Arora. About Biz2Credit LLC Founded in 2006, Biz2credit is a small business marketplace that creates a competitive environment of service providers and lenders to empower small business owners. The online platform matches entrepreneurs with credit solutions based on their business profile and preferences in a safe and price transparent environment. Biz2Credit is headquartered in New York City with offices in Pennsylvania. For more information, visit www.biz2credit.com. About Capital One® Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries collectively had $92.4 billion in deposits and $147.2 billion in managed loans outstanding as of June 30, 2008. Headquartered in McLean, VA, Capital One has 740 locations in New York, New Jersey, Connecticut, Texas, and Louisiana. It is a diversified financial services company whose principal subsidiaries, Capital One, N.A., Capital One Bank (USA), N. A., and Capital One Auto Finance, Inc., offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index. Capital One offers a range of products to meet small business needs, including small business credit cards, small business money market accounts, payroll services and credit card processing services. As the largest issuer of small business Visa credit cards, Capital One provides specialized support designed to make it easier for small business customers to manage their finances so that they can focus on what's important to them. Capital One small business products are available via direct mail, capitalone.com, phone (800-926-1000) and fax.
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