Since 2007, Biz2Credit has helped tens of thousands of small businesses save time, effort and money enabling them to quickly secure financing at attractive rates through Biz2Credit's safe, efficient online platform and patented technology.
Mobile financing is critical to the future success of the wireless industry
While big-name mobile phone carriers and producers like AT&T, Verizon, iPhone, and Samsung may seem to define the mobile industry, the mobile market is host to a variety of enterprises, including refurbishers, insurers, MVNOs, and wholesalers. In a space as large as the wireless industry, there's more than enough room for everyone to experience success. But to help smaller businesses compete with the heavy hitters of the wireless industry, loans for mobile stores are essential.
Of the world's 7 billion people, 6 billion have access to mobile phones. Whether a simple cell phone or a high-tech smartphone, mobile devices have changed the way humans communicate and interact with one another. As sellers of a product that has become almost indispensable in today's society, with a market that comprises over 80% of the global population, wireless industry retailers have access to a hugely profitable market.
The modern mobile industry faces significant cash flow problems. Increasing wholesale prices for mobile phones, coupled with decreasing levels of retail markup have yielded lower profits for mobile retailers. Smartphone sales have exacerbated this problem, with iPhones retailing for $650. While wireless carriers profit from this pricing arrangement, it leaves mobile stores without the funds necessary to restock and expand their stores.
If mobile retailers want to stay in business without drastically raising their prices, the answer is mobile financing. Through programs specifically tailored to the needs of mobile dealers, lenders can help small businesses within the wireless industry to secure access to capital without harming consumers.
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Dean was great to work with
Saturday, April 22, 2017
Dean was great to work with. highly recommended
Biz2credit got me the funds i needed quick
Thursday, April 20, 2017
Before coming to biz2credit, i had been in touch with a couple of other companies looking to grow my business. i was in need for funding as soon as possible. i was in contact with dean, who was very helpful and told me everything i More...
Thursday, April 20, 2017
A few clicks
Monday, April 17, 2017
A few clicks, a few documents that were sent, a few phonecalls and hop! my business was funded. a great experience, easy and simple!
I'm giving robert a 5* review
Friday, April 14, 2017
I'm giving robert a 5* review he did a very good job getting this put together