Biz2Credit In The News

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For banks, Fed’s aggressive rate hike cuts both ways

The Federal Reserve’s 75-basis-point interest rate hike Wednesday, the largest increase since 1994, will almost certainly bolster banks’ 2022 earnings, analysts say — but the steep increase signals a stronger threat of a recession.

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May / 2022

Biz2Credit Identifies San Jose as The Top City for Small Business for the Second Consecutive Year

Biz2Credit has identified San Jose as the “Best Small Business City in America,” based on average annual revenues in 2021, credit scores, age of business, and Biz2Credit’s proprietary BizAnalyzer score.

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May / 2022

National Small Business Week: Biz2Credit Hosts Live Q&A with U.S. Reps. Jason Crow and Dan Meuser on May 4

Biz2Credit will host an online panel featuring U.S. Rep. Jason Crow (D-CO) and U.S. Rep. Dan Meuser (R-PA) covering “Small Business in the Post-Pandemic World” on Wednesday, May 4, at 11 a.m. (EDT).

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April / 2022

Biz2Credit Automates SMB Financing and Provides Tools to Help Underserved Entrepreneurs Succeed

Biz2Credit is a digital financing platform for SMBs that delivers funding solutions directly to small business owners in as little as 48 hours.

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March / 2022

Examining the Future of Women-Owned Businesses: Biz2Credit to Host Online Panel with Rep. Carolyn Bourdeaux on March 23

Biz2Credit, in partnership with the Association of Women’s Business Centers, will host a special event featuring U.S. Representative Carolyn Bourdeaux (D, GA-07) to examine the future of women-owned businesses on Wednesday, March 23, at 11 a.m. (EDT).

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March / 2022

Revenues, Profits of Companies Owned by Women Decreased During 2021: Biz2Credit Women-Owned Business Study

The annual Biz2Credit Women-Owned Business Study found that profits for female business-owners dropped 26% in 2021 from 2020, while average annual revenues dipped 4%. Additionally, the study found that operating expenses increased, the primary reason profits fell in 2021.

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January / 2022

Small Business and the COVID-19 Pandemic – Biz2Credit Hosts Online Panel with Rep. Antonio Delgado and Rep. Byron Donalds on Thurs, Jan. 20

Biz2Credit will host an online panel featuring U.S. Rep. Antonio Delgado (D-NY) and U.S. Rep. Byron Donalds (R-FL) covering “Small Business and the COVID-19 Pandemic” on Thursday, Jan. 20, at 11 a.m.

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December / 2021

Biz2Credit Top Small Business Industry Study Finds Information Technology (IT) Firms Led in Post-Pandemic Financial Measures

A new study published by Biz2Credit that analyzed 2020-2021 industry trends among small businesses, finds that Information Technology (IT) firms received the most funding of any industry in terms of volume, the highest average amount of funding, and had the highest average revenue.

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November / 2021

Biz2Credit Small Business Recovery Ranking Measures Ability of Industries to Rebound from Pandemic Hardship; Finance and Insurance on Top

In an examination of small business funding trends, the new Biz2Credit Recovery Ranking for 2021 found that businesses in the Financial Services and Insurance industry recovered the fastest from the COVID-19 pandemic compared to other industries.

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October / 2021

Latino-Owned Businesses Revenues Outpaced Non-Latino-Owned Firms in 2020-21, According to Biz2Credit’s Annual Study

Average annual revenue for Latino-owned businesses ($258,251) in 2020-21 was $82,535 lower than their revenues the previous year ($340,787), a 24.2% decline, according to the annual Biz2Credit Latino-Owned Business Study.

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