(GLOBE NEWSWIRE) -- BizEquity, a leading cloud-based platform that provides business valuation services, today announced a partnership with Biz2Credit , a leading online small business funding platform, to help secure business financing for its US-based clients.
Together, the companies will launch financing options through an embedded financing solution within the BizEquity platform powered by Biz2Credit's industry-leading Biz2X® technology. This will empower business valuation advisors to provide a suite of practical capital solutions to their clients quickly and securely, increasing the benefits advisors can provide to clients seeking to buy, sell or grow their businesses.
Many small businesses report that access to financing is the most important factor to grow their businesses. At the same time, the Federal Reserve's latest SMB lending study reports that about 60% of small businesses report being unable to secure the financing they need.
“Convenient access to capital from a trusted business advisor will go a long way to fix the chronic problem of under-funded businesses," said Rohit Arora, CEO and co-founder of Biz2Credit and one of the nation’s leading experts in small business finance. “Our partnership with BizEquity will fuel growth opportunities for small business owners who are using BizEquity and working with financial advisors to value their businesses.”
"We are proud to partner with Biz2Credit with the announcement of BizEquity Capital to empower our advisor users, enabling them to become a key resource for their clients’ financing needs by seamlessly linking the valuation process with funding opportunities through Biz2Credit's innovative prequalification module and advanced underwriting technology,” said Michael Carter, founder and CEO of BizEquity.