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About Our Application:

You should be able to complete our online application for commercial financing in minutes. Submitting one application covers both Revenue-Based Financing and Term Loans. Once you create your Biz2Credit account and start the application, you will get an initial estimate of the amount your business may prequalify to receive. You will then need to upload requirement documents and possibly give additional information, as indicated on the application form. Once your application is submitted, you will have access to an online dashboard (Dashboard) where you will receive updates on your application status. You can also cancel or withdraw your application at any time prior to funding. Each commercial financing is also subject to our Business Finance Terms and Conditions, which you must accept as part of our application. For questions, contact us at info@biz2credit.com or call us at 800-200-5678.

About Prequalification:

As soon as you create a Biz2Credit account, which has just a few required fields, you will automatically get an initial estimate of the amount your business may receive (Prequalified Estimate). Prequalification is not a financing approval, just an estimate of how much funding you might receive based on the limited information you submitted with your account. Not all applicants will prequalify for financing. If you prequalify, you will need to submit additional documents to complete your application, which will then be reviewed based on the documents and information in your completed application, funding eligibility criteria, other terms and conditions, and a signed final financing agreement. All commercial financings are made at the sole and final discretion of the lender.

About Our Products

Revenue-Based Financing is used by almost all of our customers. Revenue-Based Financing is also known as Sales-Based Financing or Merchant Cash Advance. You will see it described in our financing contract as a Receivables Sale Agreement. With this kind of financing, Biz2Credit is purchasing your future business receipts (Receivables) at a discount. Revenue-Based Financing agreements are repaid from an agreed percentage of your business receipts (Receivables) - and only from your business Receivables - until the agreed sale price (Amount Sold) is reached. You also have a right of true-up/reconciliation to ensure that payments are made only from Receivables. Revenue-Based Financing is not a loan product, so there is no fixed term and no interest rate. This product is secured via a UCC lien on your company's receivables and typically requires a performance guaranty from one or more owners of the business. View additional product details and eligibility criteria Revenue-Based Financings are subject to eligibility criteria, other terms and conditions and a signed final financing agreement, and are made at the sole and final discretion of Itria Ventures LLC.

A small percentage of our customers are eligible for a Term Loan. Once you submit your application, we will let you know if you are eligible for a Term Loan. The Term Loan has an average term of 1-3 years and principal and interest are repaid on an agreed periodic basis. This product is secured via a UCC lien on your company's business assets and typically requires a personal guaranty from one or more owners. View additional product details and eligibility criteria. Term Loans are subject to eligibility criteria, other terms and conditions and a signed final financing agreement, and are made at the sole and final discretion of the lender.