Financial Technology + Main Street= Growth

NEWARK, N.J. - Oct. 9, 2015 - PRLog -- iSmallBiz LLC, a financial technology company whose algorithms and platform enable it to make the best financing available to small business owners, at the lowest possible cost. ISmallBiz has raised the bar in the alternative lending industry with a new ground breaking financing product, an alternative SBA express loan.

October 2015, the company launched a loan product called BizPrime for near prime borrowers who have excellent credit scores and $500,000 in yearly revenue.  This is just below the threshold of what banks would consider worthy of an unsecured SBA business loan.

Upon launch, Charles Colbert, Managing Partner and CEO said “typical applicants for BizPrime Loans have an average FICO score of 640 to 700 and terms of 36 months”. According to Tia Mole, Client Service Manager, “as the economic conditions continue to improve, 25% of our clients are already qualified for a BizPrime loan.”

“Business owners can now access credit without the headaches associated with finding the right credit solution for their business. Headaches such as obtaining to many inquiries on their credit reports, worrying about not making the correct decision for their business, time consumption, and searching for large amounts of documents and financials to only get declined in the end. We’ve created a simple non complicated approach to the world of alternative lending through the use of technology on how client’s information is shared.”

Cited from http://ismallbusinesscredit.com

About ismallbusinesscredit.com

We launched ismallbusinesscredit.com in 2014 to solve 3 major issues facing small businesses; Technology, Financing, and Payment Processing. We combined our passion for Main Street with cutting-edge technology to evaluate businesses based on what they truly qualify for, how soon they need the money, and what the money is for. This allows business owners the security in knowing that there business has made the best possible decision when it comes to financing there business, allowing them to focus on growing there business rather than hunting for days or even weeks at a time.

Ismallbusinesscredit.com is a Financial Technology Platform that has enabled us to deliver the best possible financing at the lowest possible cost and deliver capital much faster than traditional sources.

This is how we let business owners spend their time where it should be spent—on growing their business rather than seeking working capital for weeks and sometimes months without end.

ismallbusinesscredit.com, is a wholly owned subsidiary of iSmallBiz, LLC.