Biz2Credit

smallbiztrends | May 06, 2018

The 2018 Best Cities for Small Business Growth study by Biz2Credit has revealed New York is the best city for small business growth. Biz2Credit looked at cities across the country along with the data of small businesses including annual revenue, credits scores, and time in operation. It was then analyzed with the company’s BizAnalyzer by factoring cash flow, debt-to-income ratio, taxes and other information to determine the best cities. The top 25 are all large cities, which give small bus...

smallbiztrends | June 19, 2018

The record highs reflect a strong US economy and job growth. The Bureau of Labor Statistics reports the unemployment rate is currently at 3.8%. And wage growth is also experiencing the highest rate in two years according to the latest Paychex/IHS Markit Small Business Employment Watch. For small business owners and entrepreneurs looking to expand or start their fits venture, this is a good time. Biz2Credit CEO Rohit Arora addressed this very point in the report. He said, “The U.S. economy ...

globenewswire | July 09, 2019

NEW YORK, July 09, 2019 (GLOBE NEWSWIRE) -- Approval rates for small business loan applications inched up to yet another record high of 27.6% at big banks ($10 billion+ in assets) in June, while the approval percentage also climbed at small banks, hitting 50% for the first time in 2019, according to the Biz2Credit Small Business Lending Index™ released today....

smallbiztrends | August 12, 2018

The July Biz2Credit Small Business Lending Index reports this was a strong month for small business lending approvals. Strong economic numbers including higher wages are driving lenders to give small businesses the funds they need to grow in this environment.Biz2Credit CEO Rohit Arora, who oversees the Index, explained this environment in the report. Arora said, “The Fed rated the economy as strong this month, and the Jobs Report found that the economy keeps adding jobs in many sectors. In...