Biz2Credit announces record monthly loan application volume and launches Business Analysis Tool

Online, March 26, 2010 (Newswire.com) - Biz2Credit.com, the leading small business lending marketplace today announced record growth in its monthly loan volume as small businesses continue to adopt Biz2Credit as their top choice for accessing small business credit. In the past one month Biz2Credit started processing over USD50 million in new loan applications.

The company added 15 new lenders to its platform and has launched a key integration with Dun & Bradstreet and BusinessesforSale.com. Some of the lenders include leading nonprofit organizations in North East US.

Besides this Biz2Credit also launched a new Business Analysis tool which help small business owners to get a free analysis of their business, their credit worthiness and risk factors attached to their business based peer to peer comparison.

Ramit Arora, Cofounder and President of Biz2Credit stated that "We are seeing an increasing volume of loan application as there is a lot of pent up demand. Lenders are also coming back as some of them have an increasing appetite for lending again. The credit markets seem to be opening up bit by bit and it is a great time for startups as well as well established businesses to start looking for credit."