
Biz2Credit Reviews
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About Biz2Credit
Biz2Credit is an online lending platform. While not a direct lender itself, the company uses your online profile to match you with a lender that suits your needs. It offers an easy application process that takes as little as four minutes. Biz2Credit can help you find loans from $25,000 to $6 million. You can receive a decision in as little as 24 hours and potentially get funded in 72 hours.
- Works with all types of businesses
- Apply in 4 minutes
- Get funds in as little as 72 hours
- Underwriting fees
- Not a direct lender
Biz2Credit Reviews
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- 4,880,395 reviews on ConsumerAffairs are verified.
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- We use intelligent software that helps us maintain the integrity of reviews.
- Our moderators read all reviews to verify quality and helpfulness.
Reviewed July 18, 2021
The PPP loan was extremely helpful towards my business. It helped keep the business afloat. If these funds had not become available we would not have been able to move forward. I am hoping that there will be more opportunities like this available to business owners so that we can expand and have a continued positive impact on the community.
Reviewed July 18, 2021
The application process was not difficult and the representative that helped me was easy to work with. He gave me a direct phone number to call and he walked me through sending him documents since I am not computer savvy.
Reviewed July 18, 2021
The information they provided was accurate, easy to understand and upfront. Tommy and his team also provided regular emails pre and post loan funding so that you continue to know and understand the steps of your Ppp loan and even how to fill out the forgiveness forms.. I am very grateful to have trusted Biz2credit!.. They did not disappoint.
Reviewed July 18, 2021
The company quick and easy website made the whole process easy and fast in response. I recommend Biz2credit to others who might have need for business loans and financial advice. The staff are experienced in what they do.
Reviewed July 18, 2021
Securing a PPP 2 loan at a time when my business most needed to secure additional monies to stay afloat was easy, fast and efficient with Biz2Credit. It all took place online and I was able to have the money deposited within days of my application being completed. Very unlike the first PPP loan which I secured via my business bank which took months.
Reviewed July 18, 2021
The application process is easy to understand and follow. My application was reviewed and approved in less than 2 weeks. It was a very positive experience, everything was online, the customer service was great.
Reviewed July 18, 2021
My experience with Biz2Credit was very satisfying. The application and process was very easy and clear to understand the contract. The funding came much faster than I expected, so that was also a source of satisfaction. I would definitely recommend other business owners to use Biz2Credit when the next round of PPP loans are available.
Reviewed July 18, 2021
Applying for any type of loan can be a daunting task. You want the long, detailed process to be easy with a quick approval. Not only did I get this with Biz2Credit, the funds helped to keep my business open.
Reviewed July 17, 2021
From my initial loan application to all my follow up questions, Biz2credit was very responsive and speedy in helping my company secure a payment protection program loan. I received funds via bank transfer. I highly recommend.
Reviewed July 17, 2021
They streamlined my PPP money. Much appreciated. Made it easy. I wish I could of put more of my business expenses in but it was based on how my CPA does my Payroll. I would recommend this company and would use Them again.
Reviewed July 17, 2021
I was in a dire situation as were many due to the pandemic and without the help from Biz2credit I know I would never have been able to keep my business open. From applying for the loan to the approval, it was very stress free, they were very helpful and I wouldn’t hesitate to go to this company in the future should I need another loan.
Reviewed July 17, 2021
I was able to apply for the Loan and got approved for the loan with little effort because of the excellent service by Biz2Credit. They are now assisting me in the forgiveness portion and I appreciate their easy platform and the webinars they provide to educate you on the process to expect.
Reviewed July 17, 2021
-PB
Reviewed July 17, 2021
I never thought it would be pleasurable to get the PPP loan. I got so much attention and the whole process was fast and easy. The instructions were clear. If I had a question, I got an answer in no time. I thought it would be like pulling teeth but, this company is the best! I am looking for an opportunity to work with them again. I trust them and you should too!
Reviewed July 17, 2021
Biz2Credit- My experience was quick and painless. You really did a great job. The Application process and the Forgiveness process with the communication and helpfulness of Biz2Credit was exemplary for company. Thank you.
Reviewed July 17, 2021
Very good experience. Thorough and detailed process. I think it was a good opportunity and they really make sure you understand what you are receiving in the Payroll Protection program. I will use this company again if given the opportunity to work with them again!
Reviewed July 17, 2021
Biz2Credit did an excellent job guiding me through the PPP Loan process and now the loan forgiveness process. I received updates every step of the way, showing me what was needed to be successful in obtaining funding.
Reviewed July 17, 2021
From start to finish I was always amazed by the team awareness and also the help provided by them. I truly appreciate how much I was a priority even tho each of them had so many cases to help. But not once was it an issue to accommodate me when it was needed. There's obviously great management because employees are happy to help!
Reviewed July 17, 2021
We received good quality professional support during the application and all the next steps. Easy online platform and the process. Thorough follow up process. Feels as high quality professional partnership.
Reviewed July 17, 2021
Quick service. Got back with me ASAP. Everything worked out as planned. I was in a bind financially and the loan took care of everything. I’m not behind on payments and I’m able to get everything back in order.
Reviewed July 17, 2021
I received my PPP loan for my lawn care business back in February of 2021. Overall I was satisfied with the help provided during our nation’s pandemic. Although it took some time and it was very difficult to get over the phone information, I was pleased with the continuous effort to assist my business.
Reviewed July 16, 2021
The company does an awesome job in speeding up the process for PPP loan application. Great customers service. Was able to make a direct deposit faster. I would recommend Biz2Credit to anyone that need to get their PPP loan.
Reviewed July 16, 2021
The team at Biz2Credit has been professional and prompt in regards to all the loans they have provided to myself and my business. I’m glad I chose to work with the team at Biz2Credit, I highly recommend.
Reviewed July 16, 2021
Very fast. Very helpful. Great choice.. Helped my life out a lot... The response to the emails are very fast. They have great numbers to be reached easily. No longer wait times.... I use them for the first time during the pandemic and it was a huge relief to my own situation and I'm sure it will help yours. Please make sure you leave a review as well. I read up on them beforehand and yes the review was real and accurate... Thanks Biz2Credit!
Reviewed July 16, 2021
We used Biz2Credit to help us fill out our funding for our small business PPP Loan and the loan forgiveness application. They were very helpful and descriptive throughout the whole process. I would definitely use them in the future if needed.
Reviewed July 16, 2021
This is a great company. Whenever I didn’t understand something or had questions about anything they didn’t hesitate to help me. Once again great company. I would recommend them to anyone fast and promote.
Reviewed July 16, 2021
We put in application for ppl loan. Was a problem with app. No one notified us or our tax preparer. Took forever to get approved therefore didn't get second loan application in on timely manner. They were way too slow.
Reviewed July 16, 2021
Biz2Credit helped our company apply for Round 2 of the PPP loan program. Their customer service was great. We had a unique situation because there was a change in ownership and we needed to provide additional documentation. The team at Biz2credit helped us through the process and also their online platform was very easy to use and kept us up to date.
Reviewed July 16, 2021
The entire experience was good from beginning to end. There was good guidance in every step. During the peak of applications there was some difficulties getting help, but eventually the help came. The forgiveness application was very well put together and had a video to help guide. My only criticism was they had said that the forgiveness application would be up on the website, but didn’t surface until many weeks later after qualifying. In any case I’m very happy to have gotten the loan and forgiveness accepted.
Reviewed July 16, 2021
Our bank recommended we use Biz2Credit for our PPP application. The process was quick and simple. We successfully received funding within 2.5 weeks after applying. Thank you! We hope that we can use Biz2Credit again in the future.
Reviewed July 16, 2021
I love the fact that it was made easy, with all that's going on the customer service was refreshing. We mostly communicated through email but the process was painless and my account was funded to help me weather the storm and invest a little.
Reviewed July 16, 2021
I applied for help, as our business was trying to recover while the pandemic occurred. It was a God send, I am so appreciative to Biz2credit for coming through. This money kept us in business, by catching up with rent and bills. Also, my staff was able to come in more often, and we are slowly getting back on track,
Reviewed July 16, 2021
This was a great help for my business and the process was simple. Funds were transferred promptly & was quickly attended to throughout the process to receive the funds. Funds were a huge help and load of relief lifted off my shoulders during the pandemic when the security of my business was unknown.
Reviewed July 16, 2021
Quick application process. Got money quickly. A little tricky to apply for forgiveness, but spoke to someone and got through it! Received forgiveness within a few weeks! Beyond grateful for program, especially being a small business and not a lot of lenders want to Work w small business. Thank you Biz2Credit and SbA.
Reviewed July 16, 2021
The loan agent etc. asked for repeat my info that had already been submitted. A couple of emails that weren’t sent to me until I called to request them. Fortunately, I was able to get my PPP approved once I spoken with underwriting. My file was almost closed out due to the Biz2Credit agents.
Reviewed July 16, 2021
My experience with Biz2credit was amazing. They kept me updated throughout the entire process. Made sure I had what I needed and responses were very prompt. I enjoyed my experience and hope to work with them again in the future.

Reviewed July 16, 2021
This is truly the worst company of business could go to. They messed up my PPP loan by not giving me what I should have gotten and they refused to correct my documents they refused to accept documents that I sent them as if they actually have a choice on what you’re allowed to send or not. The SBA gives a business owner the decision on the time frame to use their loan and they did not give me that and when I told them I wanted it corrected they just ignored me for months. I told him not to process my application that I would go with somebody else and they refused to do that and I was coerced into having to take along with them which was not enough because they refused to turn over my application. They argued with me about documents the SBA required. They kept trying to force me to give them my bank account statements and information which I did not do and would not do because it was not a requirement.
I talked to the SBA as well as other entities and sent what they told me to send. And that is the only reason why I was able to get my PPP forgiven not because of this company. How do I have done what they said it would not have been forgiven and I would’ve been in a mess. We’re trying to figure out how to repay things with lowering him from the virus. This is a horrible company. They are Customers. They asked for documents that are not a requirement and if you read the real reviews by real people almost every one of them have said the same thing and how they try to steal from their customers. This is not a good company and should not be allowed to lend anybody. I’m pretty sure the five star reviews are paid for or fake accounts because if you look at Better Business Bureau you will see all the complaints against this company for the same thing and much worse as they have an F rating.
Reviewed July 16, 2021
My experience with Biz2Credit was awesome! Very professional, understanding, fast and forgiving. They came through for me (during the pandemic) when my business needed a hand up. Thank you! Thank You!
Reviewed July 16, 2021
I applied for my firm's PPP loan through Biz2Credit. There were snags in the process and difficulties due to the IRS having 2 different names for our corporation. One was correct and the other is a former name. It took a tremendous amount of work on my end to move the loan forward, but I will say that I was able to work with Biz2Credit staff and consultants to get the loan approved. Ours was not a normal experience, I'm sure of that. Most companies do not have the issues we had and that's not the fault of Biz2Credit. Another lender may have given up and just declined our application. Hats off to Biz2Credit!
Reviewed July 16, 2021
Working with Biz2credit was very helpful and satisfying. It was conducted in a mannerly fashion. I would definitely recommend this company to friends and family. I worked with biz2credit twice and both transactions were accurate and was very easy to understand and the paperwork was easily filled. Working with biz2credit has been generous and genuine. Thank you so much!
Reviewed July 16, 2021
I applied for PPP loan and was accepted in a short period of time which helped out a lot. In the process of getting the loan forgiven now. My experience has been very good so far, & would recommend this company for struggling businesses due to the pandemic.
Reviewed July 16, 2021
Biz2credit was absolutely wonderful from start to finish, communicated well. Always there when you had questions keep you up-to-date on the process and made it a most enjoyable experience... My account manager was always on the spot and was a delight to work with.
Reviewed July 16, 2021
Biz2credit is the very best of the best, No discrimination, the workers are unbelievable so kind, very professional, Quick email response, best customer I ever seen in my entire life, honestly I can't find a word the describe how great biz2credit.... I'm speechless.
Reviewed July 16, 2021
These folks were well-organized, attentive and responsive to every question I or my accountant had during the PPP process. Their website was flawless, provided all information I needed, and was likewise well-organized and logically set forth, with menu items clearly pointing to the portions necessary to my purpose.
Reviewed July 16, 2021
They got me approved and moved in a timely manner. I will use them again and again. All questions was answered and I’m very satisfied with the service. So glad we were able to do business together. They definitely made the process simple and painless.
Reviewed July 16, 2021
My experience was very helpful. Everyone was professional, knowledgeable and willingness to help you understand what you are doing and what steps to follow. My Loan helped to keep my business going during a rough time. It also helped to provide a positive response.
Reviewed July 15, 2021
Biz2credit provided an easy way to upload all the info needed to process my loan. It was great to be able to load documents from home and get things approved. The application process once they simplified forms was straightforward and great to follow.
Reviewed July 15, 2021
We a great experience with Biz2Credit. They were easy to work with, very responsive to emails for questions, smooth loan process and funding. Would recommend to anyone need a loan for any business needs.
Reviewed July 15, 2021
Very good experience, patience they have it, down to explaining how to upload documents, follow up emails and calls. When I had to call them questions are always answered. I really appreciate the help Biz2Credit provides.
Reviewed July 15, 2021
The turnaround time was awesome, as long as all items were in timely there were no hang ups. Also when I needed to complete a process like DocuSign or anything of that nature where I would need to be notified to do so, they notified me in a timely manner as not to interrupt my process. Thank you so much.
Reviewed July 15, 2021
Overall process was very speedy. Funding specialist was very responsive and worked everything out in a timely matter. They keep you updated step by step. If you happen to run into any problems they read emails daily and always help resolve any issues.
Reviewed July 15, 2021
Biz2Credit helped provide my clients with the funds they needed to keep their business going through tough times. Service was thorough and very easy. The application process was simple and understandable.
Reviewed July 15, 2021
Very fast team, it was great to deal with them, everything was smooth and fast. Each step update was clearly mentioned on their website... Thanks alot for the team, I would love to deal with them again.
Reviewed July 15, 2021
I had a wonderful experience with this company. If I had a question or concern, I received a prompt response. The application was quick and easy. The lenders were great with how they corresponded with the customer. I appreciate the opportunity in applying and getting approved.
Reviewed July 15, 2021
The application idiot proof and the turnaround time was awesome. I was able to talk to a human every time I called, and they were very professional and helpful. I would definitely recommend them. If I need another loan Biz2Credit would be my go to.
Reviewed July 15, 2021
So thankful and grateful for the opportunity to assist my staff with payroll and beyond elated to have the loan forgiven. Thank you! I was also able to take care of things that were of the utmost importance within the realms of the business that hadn’t been tended to due to the pandemic.
Reviewed July 15, 2021
The Pandemic wasn't fun for anyone. With the help of Biz2Credit my business was able to stay afloat because of the quick way they handled my PPP application. The whole process took less than 14 days! Really enjoyed working with them. Thank you!
Reviewed July 15, 2021
The website was easy to navigate. I received emails and text messages regularly to inform me of documents needed, as well as the status of my application for the PPP loan. The company worked with me on any problems I had with submitting the need documentation to qualify for the loan. I was very satisfied with the loan amount given to me.
Reviewed July 15, 2021
Very great. Agent work fast and quick. I was so surprised of how quick my loan was approved. I tell all my family and friends about their great service and how friendly great they are in helping with my loan.
Reviewed July 15, 2021
No communication. Miscommunication. No way to speak or interact with an intelligent human. Filed complaint with my referring local bank as well. One canned e-mail says I still owe documents. Another email says “case closed”. Another says “loan forgiven finalized”. Which is it?!
Reviewed July 15, 2021
My experience was great. The team was helpful from the beginning to the end. This help me with my business needs a great deal. I will tell people how they have help me with my business needs. Thank you Biz2Credit team. TW
Reviewed July 15, 2021
My loan officer was so helpful in expediting my loan and in helping me in the forgiveness process. I am a hairdresser in Florida and was so thankful BIZ2CREDIT was there to walk me through this process.
Reviewed July 15, 2021
Biz2Credit provided my company with the easiest and most transparent PPP loan. They provided what they promised. I will certainly use them again and recommend all to do the same. All facets of my experience with Biz2Credit were excellent.
Reviewed July 15, 2021
Applying for the PPP Loan was a snap! Biz2Credit kept us informed, did all processes in a timely manner and really made the process transparent and efficient. Even after the loan they have kept us informed along the way. Couldn't ask for more!
Reviewed July 15, 2021
I still receive email asked me if I need more helpful.
Reviewed July 15, 2021
I trusted the process and the upload of information processed and very informative on the time-line of application review, approval process and what to do next. As well as a library of information videos on what to expect in the PPP Loan Process. Also, representative reached out to make sure about any updates. Also, email reminder on updates on PPP Loan Forgiveness to apply for. Thank you Biz2Credit for being a stepping stone in my business!!!
Reviewed July 15, 2021
My experience with this company was off awful. It took forever for someone to get back in contact with me about my PPP loan. I only received $1000 in the beginning and they never received me the other $1000 from my Draw two, which I put in way ahead of time and I never received the money. This was a mess.
Reviewed July 14, 2021
Easy to work with from beginning to end. Consistent communication and updates. Their system to contact directly is a bit clumsy and inefficient but when I figured it out, they do respond within 24 hours.
Reviewed July 14, 2021
So I started off with Biz2Credit and they were fast and easy with the approval of the Loan and even with the forgiveness process. Although it took over a month to get started with the forgiveness process it still was easy and simple!! I am very relieved and thankful to God Almighty and Biz2Credit for the forgiveness of my loan the PPP loan helped me and my business through some very very difficult times earlier this year and I am even more grateful that the loan isn't no longer hanging over my head to pay back which I wasn't sure of or not!!! So thank you thank you thank you Biz2Credit and SBA and Itria Ventures for helping me and removing a debt burden also. Thanks!!!
Reviewed July 14, 2021
I was so pleased with the service and dedication Biz2Credit provided my business throughout this pandemic experience. Their team were so knowledgeable, experienced and helpful... Really was happy with this awesome team...
Reviewed July 14, 2021
Great company to work with, explain everything very good. They answer all my question and it is easy to navigate their website. Thank you very much for your service. As a small business owner we don't have time to spend in front of computer and you made it easy.
Reviewed July 14, 2021
Nothing but good things to say. I know this was a difficult period of time for people and yes they were busy and yes it took longer than normal. However they were always helpful and honestly the process went fairly smoothly. As a matter of fact we will probably use them again in the future should the business need short term financing.
Reviewed July 14, 2021
From the start to the finish, Biz2Credit helped me with all of my question needs. They were very helpful with the application process and still are active on helping me to get loan forgiveness. I would definitely recommend this company to others who want and need financial backing for their company.
Reviewed July 14, 2021
I was able to receive funds for the ppp loan, it took a little longer than expected but I was glad when I finally was approved and funds was submitted to my bank account, I thank Biz2credit for doing all they could to process the loan.
Reviewed July 14, 2021
The process was smooth, efficient, and clear. The communication was great. I constantly knew where I was in the process. I really appreciate cutting through the red tape and finding a partner that helped me through.
Reviewed July 14, 2021
During a time when our business needed as much attention from its executives as possible, Biz2Credit made it extremely easy to submit a PPP application--freeing me up to keep our business moving forward through covid-19. It was so easy, I barely recall the experience. Like a great server at a restaurant--there when you need them, out of the way when you don't.
Reviewed July 14, 2021
Customer Support gave us above and beyond great service. They were very helpful throughout the whole loan process, made it easy for me to understand everything. Money was available earlier than expected.
Reviewed July 14, 2021
We selected Biz2Credit for our PPP funding through their advertisement with our payroll provider. Our decision was based on the advertisement of ease of processing and the capability of documentation sharing between both business entities, hoping for a seamless process. Upon applying for the loan these statements proved to be true as the application was seamless and the approval notice was received within days of the application.
As we awaited official disbursement of the funds joyous that we could maintain our workforce by the availability of these funds, we were thrilled to wait the stated two to three weeks. Throughout this duration, we were pleased to receive communication updates, although automated, nonetheless Biz2Credit was communicative. It wasn't until 30+ days passed from the approval notice with no direct contact person, initiating several calls that lead to dead ends, and suspicious emails from several stated Biz2Credit representatives asking for invasive and seemingly unreasonable company information (i.e. 15 years of tax history and a few more ambiguous requests) that concerns started to present themselves.
With no direct phone number, verification of these requests was impossible. Concerns continued to grow as we reached 50+ days with no disbursement or direct responses to our inquiries concerning the information requested, as no federal legislation corroborated the numerous asks from potential yet unverified Biz2Credit representatives. It was not until I found the email addresses of 3 lead representatives of the company that we sent an email on day 64 after the approval that we received the disbursement of the funds, however, no direct reply was given to our email.
Reviewed July 14, 2021
As a single suite studio stylist this process made at least a little part of the pandemic bearable. It was nice to know that this was an option and has been thus far very easy. Great open lines of communication if you should need anything or if you forget anything you are contacted and helped along through the entire process. It's been great!
Reviewed July 14, 2021
I have a small business that was completely shut down during Covid and the loan that I got allowed me to "stay afloat". I am not very comfortable with computers and Biz2credit was very good about helping me through all the steps to completion. This was a huge relief.
Reviewed July 14, 2021
Biz2Credit helped process my company’s 2nd draw PPP loan in a professional and efficient manner, helping me through the process, and responding helpfully to my questions. They also provided useful and informative webinars. Highly recommended.
Reviewed July 14, 2021
I have Small Business in Bay Shore, NY. This company help me for my PPP loan, It was easy steps, Customer service was helpful. They always inform me about my loan, you can trust. Ryan Gas Bay Shore Corp.
Reviewed July 14, 2021
My experience with Biz2Credit was easy and very rewarding. The entire process was simple and straightforward. The only thing that was not easy was the waiting period but other than that I'm very satisfied.
Reviewed July 14, 2021
Biz2Credit made it incredibly easy for my business to apply for and receive the PPP loan. They took the guesswork out of the process and handled everything. They worked with my accountant and so I really didn't have to do much.
Reviewed July 14, 2021
Biz2Credit did a great job with my PPP, it was fast & painless. We are now in the forgiveness process. We look forward to growing this year thanks to their help. We were hit hard because we work in entertainment. They saved us.
Reviewed July 14, 2021
Easy to understand process and required documentation. Uploaded documents and Biz2Credit applied on my behalf; keeping me informed of progress and finally notified me when funds will be credited into my account.
Reviewed July 14, 2021
They helped me complete the application with positive results. They provided all the know how necessary to achieve the desired results. I would recommend them to anyone feeling intimidated by big words on applications.
Reviewed July 14, 2021
My experience was simple and efficient. The team was easy to work with and made the process quick and painless. Their approach is very good and I am grateful for their help in getting all the documents submitted. Thank you Biz2Credit Team.
Reviewed July 14, 2021
My experience with Biz2credit has been very helpful in keeping my business afloat and easy to navigate with the help of my CPA. Their service has been timely and supportive and any questions that I’ve had have been addressed and explained quickly. Thank you Biz2credit.
Reviewed July 14, 2021
They have the best knowledge of public dealing. I met with the Biz2Credit representative about my loan, he gave me a good advice what to do. And very precisely he convinced me about the documentation. And also he makes sure to me that how he will take care of privacy.
Reviewed July 14, 2021
Business is very efficient, timely, the process was smooth the first time. That’s why I’m using them again. I have recommended their services to friends and colleagues. The response is within normal expectancy.
Reviewed July 14, 2021
Great service, it was fast and easy. This loan help me and my family keep my business running. I would definitely recommend this to everyone, because it was recommended by a friend, he was able to keep his business as well. Thank you.
Reviewed July 14, 2021
Their service, communication and help are TOP of the line. Always willing to help and walk you through the process. Excellent Team and I highly recommend their services. If anyone needs help to finance their business or access to working capital this is the team to work with.
Reviewed July 13, 2021
It was very easy to apply, and after the approval the loan was transferred very fast. Customer support team is very helpful, although they were very busy. Overall, I had a positive experience with the company.
Reviewed July 13, 2021
BIZ2CREDIT was a great company to work with, I just can't explain how thankful we were to get their help during these most difficult and uncertain times. This loan as with so many small business was a tremendous help. We could not have made it without this loan, if so it would have been most challenging. God Bless The Staff at BIZ2CREDIT.
Davy and Christeen (Golden's Cleaning Service Inc)
Reviewed July 13, 2021
Very professional service. Very responsive. I will be using them again. This program is helping my business tremendously. Since Covid business has been slacking. I began to get frustrated and worried about my utilities and supplies even my home.
Reviewed July 13, 2021
Great customer service. Fast and they will help you as fast as they can. I highly recommend Biz2Credit for all your small business financing needs. Biz2Credit came right on time. Now I'm just waiting on my forgiveness to be accepted.
Reviewed July 13, 2021
I did not have to harass them because what they said they did! I was very pleased with my decision to choose them for my PPP funding! I was in a very bad place with funds before I applied with Biz2Credit.
Reviewed July 13, 2021
Biz2Credit was very valuable and timely in helping my CPA Firm obtain PPP Loans for my clients. It transformed a complicated system into a simple, straight-forward process. I would not have been able to obtain PPP loans for my clients without Biz2Credit.
Reviewed July 13, 2021
I will highly recommend Biz2Credit. The representatives made sure I understood the qualifications and the guidelines. They were very prompt with responding to my emails. I was approved and funded within the time frame that they gave me. This was a very smooth process experience for me.
Reviewed July 13, 2021
The process to apply for my PPP loan and the forgiveness application was seamless. I will definitely go to them for all my business lending needs. Everything is done online but they get back with you via email really fast.
Reviewed July 13, 2021
Awesome team. Very professional. Kept me updated on everything. Got me the funds that help out and things I didn't understand they helped me with so I highly recommend Biz2Credit for any accountant needs.
Reviewed July 13, 2021
Biz2credit helped me personally getting both round of PPP loan. The process was very simple and with the support from staff from the institution I was able to get the fundings. Must try for other loans too.
Reviewed July 13, 2021
Once the loan documents were submitted, Biz2Credit was processed and approved in a very timely manner. I thought it would take months, but it was a couple of weeks (if that). I was able to utilize my business loan to provide more stability from the downtime of 2020.
Reviewed July 13, 2021
They gave me all resources I needed. They help me with every step. Any time I had a question They were there to answer any questions. Their respond was quick. If I didn't understand something They took the time out to explain. They have patience with their customers.
Reviewed July 13, 2021
Great customer service for all your loan needs. They are fast and efficient with processing and the process was fairly easy. Response time is fast and professional. Will use them again in the near future. They take the stress off of you!!
Reviewed July 13, 2021
What a relief to have a company like this. All online pretty easy. Only issue I had was getting emails returned timely if I had questions but I imagine they were extremely busy. Really suggest anyone to use this service!
Reviewed July 13, 2021
Everything was handled via email and were extremely clearing what they needed from me. Unnecessary information was not requested, which was great. Their website was easy to maneuver and upload documents. I would definitely work with them again.
Reviewed July 13, 2021
This was the easiest process to apply for a loan with timely responses, live phone calls to actual people and processing info updated onto their website, which was easy enough to navigate and upload information. At one point we thought this was too easy! We THANK YOU for your help and guidance during this situation. We would defiantly recommend this company for your loan needs.
Reviewed July 13, 2021
PPP Loan Forgiveness was super easy. I received an email prompting me to complete my forgiveness application. Once complete, it took a little over a week before I was notified that my loan was 100% forgiven. Communication about my application was great and I’ve had nothing but a positive experience throughout my PPP loan journey.
Reviewed July 13, 2021
However, it’s took sometime to reach a worker to review the delay of my application. My loan amount was too small for late response. Then again, they were receiving multiple applications, possible lead the company to stop accepting new applications.
Reviewed July 13, 2021
I’m so glad they were able to help our business get this once-in-a-lifetime funding to help us recover from the pandemic! You’re assigned a funding specialist whose info you can find in your Biz2Credit dashboard, by using this method, they were easy to reach out to and put you in touch with the right person.
Reviewed July 13, 2021
Got my PPP loan promptly with no hitches. Efficient, professional, awesome service. Greatly helped my companies operations. Their web platform is user friendly and the customer service is incredible. Highly recommend this company.
Reviewed July 13, 2021
I was really happy with the experience. They were able to answer any questions I had. They worked with me through the entire process. I got the money deposited directly into my bank account quickly after I was approved.
Reviewed July 13, 2021
My business was at rock bottom. A friend told me about Biz2credit and I was able to catch up and save my business from crashing. It was a miracle for me. I highly recommend using this company and I am happy.
Reviewed July 13, 2021
Biz2Credit made it very easy to apply for the small business incentive loan. The system was simple and there were multiple follow-up emails offering any needed assistance. I did ask some questions and received an expedient, thorough, informative response. Great experience!
Reviewed July 13, 2021
Everything on the application was simply and understanding. Loan was process on time. The experience was awesome. Also if you have problems they was there to help from start to finish. I advise anyone who's looking to invest in a loan to definitely go for Biz2credit.
Reviewed July 13, 2021
Biz 2 Credit has been great! From start to finish. Easy process. Our business is truly thankful for your Fast Easy and great Customer Service. Biz 2 Credit is great company to work with especially for small businesses.
Reviewed July 13, 2021
During covid closures my business was closed for 7 months. When I heard that Biz2Credit had simplified their application for independent contractors and self-employed individuals I went to their site. The application was fairly simple. I was repeatedly sent emails about information needed that I had already submitted but other than that the process was fairly easy. Other sites had made it difficult to apply if you were not a corporation. I'm very happy to have qualified for 2 PPP loans and am hopeful to receive forgiveness.
Reviewed July 13, 2021
I am extremely grateful and impressed with the timely manner in which Biz2Credit processed and approved my PPP loan and PPP loan forgiveness. The burden of running my small business during COVID19's uncertainties was definitely relieved after my positive experience with Biz2Credit. Accolades to Ms. Sherrivonne ** and the incredible work she does to help businesses.
Reviewed July 13, 2021
I applied for a loan. My loan officer was knowledgeable, informative and responsive. My process was very straightforward; and I appreciate their service. I highly recommend Biz2credit for all your business financial needs!
Reviewed July 12, 2021
Applying for first draw PPP was extremely easy. However second draw PPP was unclear of my status and was unable to get a straight answer from support. Fortunately though was able to receive all my funds with no issues in the end.
Reviewed July 12, 2021
The process was very easy to get you approved. With all the necessary documentation submitted in a timely manner, the approval process was a piece of cake. I would refer Biz2Credit, to help with all of their financial needs.
Reviewed July 12, 2021
They actually would respond to emails and actually helped with the process of PPP loans. It can be very frustrating and nerve racking. But they’d tell me not to worry and would help with whatever issue I was having.
Reviewed July 12, 2021
I am a small business owner and used Biz2credit to apply for and receive a second round PPP loan this year. Their online process was far easier and faster than the route I had to do last year with a bank. I would heartily recommend them.
Reviewed July 12, 2021
The entire process of obtaining a PPP loan from the application to funding was very intuitive, clear and quick! I am glad that I happened to find them through other good reviews to help out our non-profit organization.
Reviewed July 12, 2021
Our company received excellent service from Biz2Credit, they offered amazing support during the pandemic crisis answering any and all concerns we had. Everything you did for us is greatly appreciated.
Reviewed July 12, 2021
This company was responsive and very quick. When I called I didn’t have to wait too long given the amount of customers I’m sure they have been dealing with during the pandemic. I am now working with their team to get forgiveness and get another loan. Thank you Tommy!
Reviewed July 12, 2021
There was an error in my second application as a result of a mistake made by the company I applied for my first PPP loan and it could have been very difficult for me to qualify for the second round as a result but Biz2Credit managed to figure it out and make an otherwise difficult situation very smooth and easy - and I was funded on my second PPP application as well. Thank you Biz2Credit!
Reviewed July 12, 2021
BIZ2CREDIT was great to work with. They were helpful in understanding the requirements associated with a SBA PPP loan. They were good to follow up with any questions and made the loan process as seamless as possible. I would recommend their services to other Small Businesses.
Reviewed July 12, 2021
After starting with some other fintech lenders, Biz2Credit was by far the best and most responsive. Their systems worked, they knew what documentation I needed, and they were much faster than their competitors. I had a great experience and would go back to them.
Reviewed July 12, 2021
Tommy was very easy to work with. His professionalism and education on business loans were outstanding! His response time was Outstanding! It made my loan process very quick & easy. I would recommend their services to anyone!
Reviewed July 12, 2021
Great experience. biz2credit.kb.help was very helpful in assisting me with my loan application. I'm looking forward to working with biz2credit.com to apply for loan forgiveness. The business loan helped me get my business back in order. I was able to replace some damaged items and rebuild my company.
Reviewed July 12, 2021
It would make things easier if you worked with one person throughout the entire process instead of 3 or 4 different people. But overall a good experience I did refer a few people to Biz2 and they were able to get funded as well.
Reviewed July 12, 2021
They were very detailed about the information they needed and help with getting my loan and gathering the information for my forgiveness. When I had questions I email them and they responded within 36 hours.
Reviewed July 12, 2021
Smooth from application to funding to forgiveness. Responsive to email inquiries and sent timely reminders for deadlines for application for forgiveness. I would recommend this business to others. Very good experience.
Reviewed July 12, 2021
The team did a great job… responding to emails in a timely matter is very important. Communication helped the entire process run smoothly. It was important to provide information that was needed when requested.
Reviewed July 12, 2021
Biz2Credit really helped us out. They were efficient and kept us well informed of any issues or extra requirements. We really leaned on them and they definitely came through. Hopefully we won’t need their services again, but we will trust them again, if we do.
Reviewed July 12, 2021
I highly recommend Biz2Credit for all your small business financing needs. They have a variety of funding programs available for small business financing to help you grow your business. I was able to acquire the financing I desperately needed for my businesses to stay afloat during the pandemic through the SBA PPP Loan Forgiveness Program. I applied for both of my businesses, with Biz2Credit, and receive much needed funds within a matter of days in February of 2021, and just 12 weeks later both of my Business loans has been fully Forgiven! I give millions of thanks to Biz2Credit, and their amazing team of professionals from Processing department, Underwriting Department, and Closing Departments for their impeccable services in helping me with my business financing.
Diva's Unique Fashion & Designs
Revealing Truth International Global Harvest Ministries
Reviewed July 12, 2021
They helped me with my PPP loan. It was quick and easy. They answered all of my questions and described the process exactly as it was going to proceed. I would definitely use this company in the future should the need arise.
Reviewed July 10, 2021
Very easy instructions to get the best results. The computer instructions were precise and the sequence was easy to follow. All you had to do was follow the instructions. You were able to upload the required information and Bingo.
Reviewed July 9, 2021
Application was easy to complete, my officer was very knowledgeable and the funding process was very quick, as long as you sent in the requested documents. Yes I would use this company again for my funding.
Reviewed July 9, 2021
I applied for PPP using Biz2Credit for the first and the second tranches. With the first, they were not able to correct the error that was made in Schedule C and I was only funded 1/4 of the qualified amount. With PPP2, there was not a single person I could talk to, and it gave an error message in the system which stalled the application for several months. I was not able to understand what the error was to attempt to correct the error. Even though I started the PPP2 application as soon as the applications opened on the Biz2Credit site, I was unable to receive funding. Biz2Credit was inconsistent and they could do much better.
Reviewed July 9, 2021
Biz2Credit is great. I believe that a small business - mine is - would be on the right road to financial stability with providers that demonstrate truth, honesty, and integrity. I values these characteristics, and came to recognize that Biz2Credit did/does as well. All stages of my loan servicing was handled with professionalism, efficiency, and care. Tommy and Team were exceptional; they did right for my business. Thank you Biz2Credit! Things are finally moving my way.
Reviewed July 9, 2021
They were able to help me from start to finish. Very reliable. Very simple. Easy processing and also was able to help me with my forgiveness in a small duration of time. Will definitely use them again. They are the easiest company I ever worked with.
Reviewed July 8, 2021
While the big banks dragged their feet and catered to their larger clients when it came time to apply for PPP loans, Biz2Credit made it easy to apply and added a personal touch to make things easier during a very stressful time.
Reviewed July 8, 2021
Respond to my email every time. Everything was at time. Easy to work with any one this group. I wish all will be the same who work with people. I wash happy to work with this them, all of them knew what they do. Thank you Team.
Reviewed July 7, 2021
Absolute horror. Bounced around to so many unprofessional people that cannot type clear English sentences. I’d never suggest anyone to use this company and I think the Ava should investigate and audit their books.
Reviewed July 7, 2021
From start to finish my experience with Biz2credit was the easiest and simple process I have ever come across. The forms were simple, straightforward forward and took in some cases minutes to complete. They kept me informed on what they needed but there was little extra to provide since everything was upfront and simple. They walked me thru the forgiveness portion of my PPP Loan and was approved in a few weeks. I can't say enough about how great an organization Biz2Credit truly is!
Reviewed July 6, 2021
Biz2credit helped me fund my business, provided positive and informative feedback and also helped my loan become forgiven in a short amount of time. I recommend this website, and the services they have to offer.
Reviewed July 6, 2021
My experience in navigating the PPP forgiveness process with Biz2credit was excellent. The process was handled professionally, and all requirements for the relief were carefully explained. They made the process "easy," and there was always someone available on the phone, if I had any issues on-line. Great resource.
Reviewed July 6, 2021
I received a PPP Loan in February through Biz2Credit. The process went very smoothly. They also notified me that my loan had been forgiven. I would definitely recommend them, especially for small business needs, like mine. Thank you, Biz2Credit!
Reviewed July 6, 2021
Biz2Credit was one of the best lenders I have had the poor to work with and I’m thankful that the company was very professional, prompt and educational during the process. I had 89% successful loans. They definitely beat the other lenders. Thank you.
Reviewed July 6, 2021
I have applied for PPP Forgiveness recently. Everything is done on website and email accordingly and fast. They also work diligently to update all necessary information to SBA. I highly appreciated Biz2 Credit.
Reviewed July 6, 2021
I’m own small business at Sola salon studio. I’m didn’t apply ppp until 2021. I’m found Biz2Credit and I got both ppp with Tommy ** helping me everything. I’m feeling like very lucky to find right person. I’m got email from biz2Credit, "Congratulations. Your forgiveness is complete. You don’t have repay money." I’m so happy. Thank you.
Reviewed July 5, 2021
I have a home childcare, I tried 2 local banks which turned me down. Biz2credit was extremely helpful and thorough! They assist in every step in helping with the proper paperwork. I highly recommend them to everyone, especially small businesses.
Reviewed July 5, 2021
They helped me submit my PPP application on the first day of enrollment and then got so busy they never again communicated except to put notes on my application page to be patient and not overload their system with more inquiries. I was welcome to watch their weekly video which I did. But the video just said to be patient and not make more inquiries which would overload their system. I got nothing in the end but a note on my application page that the program had expired.
Reviewed July 5, 2021
When other banks were turning around very small business (sole proprietorships) for PPP loans during the pandemic, people with huge losses, Biz2Credit accepted those applications and approved them quickly! While there was a bit of lag on responsiveness during the busiest of those weeks, the support overall through the months and over two loans has been VERY good. I recommended them to my family and friends, I can't give a higher recommendation to someone than that!
Reviewed July 5, 2021
Process was very simple and explained clearly. Company representatives were very responsive to questions and replied quickly. The entire experience was seamless. Highly recommended for entrepreneurs and small business owners.
Reviewed July 4, 2021
When I taught Business Management and Supervision, I used my experience with various organizations as examples of exceptionally good, or exceptionally poor, business practices. I am retired now, which is unfortunate because Biz2Credit has provided me with a great example of what NOT to do. I applied for a PPP loan for a small church with only one paid employee. What should have been completed in a day or two took more than four months and was the most frustrating experience I have ever had with a business. Whoever at Renasant Bank made the decision to hire this company should be fired. Here are a few examples of what I dealt with:
• The only way I could contact the company was through e-mail. It took up to two weeks to get a response. Several times the response I received was “your ticket has been closed.”
• Apparently, the liaison from Renasant Bank had no way to contact them except through e-mail. She was trying to help me, but was as frustrated as I.
• The Dashboard would say “more documents needed”, but there was no indication of what the documents were. Several times, the only way to find out what they wanted was to go through the bank liaison.
• I was asked for an IRS form 990 which the IRS does not require for churches. Initially, I was told a different IRS form (941), which I provided, was an acceptable substitute. Other agents would not accept the 941 and, ultimately, I completed and submitted a form 990 --- three times.
• Three times I was told the only thing they needed was for me to link our bank account. Because of Renasant Bank’s security procedures, that is impossible to do. The liaison had to clarify this for them three different times.
• Repeatedly, I was told they had everything they needed, but the dashboard still said “more documents needed”. They would come up with something more to ask for.
• I was required to prove we used the first draw PPP to pay salaries. I had done that when we applied for, and received, forgiveness for the first draw and I am reasonably sure this was not normally required.
• When they FINALLY approved our application, it was for a little more than half of what we were qualified for. Both the bank liaison and I asked how they arrived at that figure. I was never given an explanation and was told we would be denied if I didn’t sign within 72 hours. I am reasonably certain they did not allow clergy housing despite the fact that I sent separate verification of the amount along with a copy of the SBA rules showing it is to be included.
This process was a nightmare for me. I would never deal with Biz2Credit again and would not recommend it to anyone.
Reviewed July 3, 2021
I am very pleased with my experience with this company. It was reliable and responsive. Its work was done very quickly. It was clear workers were responding to me after normal business hours. While everyone at the company was helpful, I must give special recognition to Summit **. My experience exceeded my expectations.
Reviewed July 3, 2021
I was able to obtain a PPP loan with help from my team and then obtain forgiveness for that loan, again with their assistance. They were very helpful! They were quick to provide guidance and answer my questions. I will definitely use their services again and I recommend them. Donna C.
Reviewed July 3, 2021
Simply great! We need a PPP loan during the Pandemic. Folks at Biz2Credit were very helpful with preparing the necessary documents, answering questions, and making sure that we received the maximum assistance we could qualify for. Without their assistance, it would be hard to get the PPP loan during a critical time.
Reviewed July 3, 2021
Biz2credit is the ppp loan provider, starting from submitting my application to applying for my loan, approval and forgiveness. Thank you Biz2credit. They made the whole process simple. I will choose them again if I have to.
Reviewed July 2, 2021
I got a POP Loan from Biz2credit. They were easy to work with, got my money fast. Getting them on the phone was a little difficult at times but 2020 was a crazy year, I have no complaints about my experience with Biz2credit.
Reviewed July 2, 2021
As we know, the essence of essential became evident over the last year. In individuals most time of need, you learned who was there and who was not there for you. The same applied in business. When the opportunity presented itself for my business to reach out to various financial institutions. There was only one that I found was there truly for the small business. Without question, it was Biz2Credit. Their thorough understanding of the process allowed for my company of 50 employees and me to receive a PPP Loan that gave me the opportunity to provide both Hazardous Pay and Protective items and supplies that allowed us to continue to provide save and effective services at the highest level for a population highly reliant upon us being there for them, Pandemic or no Pandemic,.
That population being adults with developmental disabilities. The funds provided allowed us to be there for our clients 24/7 without fail. Without question, the manner in which we used the funds made it possible to ensure both Staff and clients came through Covid-19 safe and healthy. We are forever indebted to Biz2Credit!
Reviewed July 2, 2021
This was my first experience with "internet" financial institution. I was skeptical. The Customer Service was excellent--so patient with my lack of technical expertise and understanding of the process. The service was prompt and the personal involvement much more than expected. They are a true "friend" of the small business.
Reviewed July 1, 2021
Biz2Credit was recommended by my CPA for applying for PPP funds. It was a paid service via the AICPA to receive training and easy application to PPP funds. Biz2Credit's process was far from streamlined. The application was complicated with multiple tutorials that resulted in billed hours by my accountant to 'process' my application as a 3rd party. Biz2Credit calculated PPP funding I was eligible to receive. The final amount was 5%v of the quoted amount ($400 of the $5,000 quoted). This was only disclosed when receiving the final loan paperwork with no response on the 'why' this happened. Biz2Credit placed the application on HOLD due to documentation required by the SBA. Once the documentation was resolved. There was no opportunity to apply for funds through other venues because the information came after the SBA announced that PPP funds were exhausted.
Biz2Credit was still advertising PPP funding opportunities after the SBA funds were gone; they were still collecting paid services for applications. Biz2Credit is still sending emails asking for feedback, yet all my communication for feedback on my application has gone unanswered. Further, their email asking for feedback to ConsumerAffairs, Google and BBB have links that do not work. Thus, for a true review, the reviewer needs to take the extra step to review. Overall, Biz2Credit's experience prevented my small business from benefiting from PPP funds. Their main interest was to collect service fees for the application and subsequent contacts for soliciting new business.
Reviewed July 1, 2021
After helping me apply and receive my PPP1 we applied for PPP2. After 2 months of many voicemails, text messages and emails they were non responsive. We failed to get the PPP2 due to their inability to communicate and what seemed to be inability to understand very basic questions. Entering a ticket in their request system often took a month to get a response, when they did it was vague and not helpful. We lost over $50k in PPP2 funding due to the application expiring with Biz2Credit not returning any calls, voicemails or emails. At least 10 over the period of 2 months, with little to no communication.
Reviewed July 1, 2021
Thank You Biz2credit for helping to get the PPP loan and get it forgiven. Special thanks to Nitish for his guidance with the loan application and all the information that was needed for the loan. Special thanks to Ashley for helping with the loan forgiveness process.
Reviewed June 30, 2021
The Biz2Credit team made getting a PPP loan and getting it forgiven an easy project. I was worried that it would be too complicated but the employees & info online were very helpful so I would get the correct information.
Reviewed June 30, 2021
Biz2Credit provided excellent customer service. They provided me with an excellent funding specialist by the name of Vaishali **. I recommend she get a raise or promotion. The process was easy and simple with her guidance. I would recommend Biz2Credit to anyone for their loan needs.
Reviewed June 30, 2021
I have been approved 3 times with different amount of PPP loans. 3 times they let me signed documents and never get deposit my Ppp ..Instead of $16500 finally they got me $2200 on last day of the ppp. They let me wait 3 months. I was so disappointed with the company.
Reviewed June 29, 2021
First draw for PPP went relatively smoothly, but the application for the 2nd draw was beyond abysmal. We had all of our required documents uploaded and accessible for over a month, and we had 3 different Biz2Credit reps sending emails asking us to provide documents they already had. It was like each rep was starting from square 1 and didn't know how to access our account. I reached out to our assigned loan specialist by email and phone, and never received a response back for anything. Even though they already had everything, we received an email on June 22 giving us a deadline to supply all required documents (which they had) by June 25, or our application would be withdrawn. Well, we get an email on June 24, a day before the deadline they gave us, saying that our application was officially withdrawn.
We qualified for the 2nd draw funds based on the requirements, but we were denied because Biz2Credit was too inept to do their job on this application. This means we lost a significant amount of money to help our employees simply because of their gross negligence.
Reviewed June 29, 2021
They made very easy to apply and were very fast. Application was very easy. They answered questions fast and let me know what was going on in each step. I told four other people to use them. They also had no problem and said.
Reviewed June 27, 2021
It was a good experience for me. I had very few concerns about loan thing and this platform has provided me the best opportunity to eliminate my concerns. I will recommend this platform to my fellow and colleagues and friends. This is the perfect timings for me to continue with my business plans.
Reviewed June 25, 2021
I filled out the paperwork and it was simple and easy. The people were nice to work with and helpful when I had questions. This Helped my business so much. This is for the PPP loan that is forgiven. Even thru the pandemic it was received in a timely manner. I would totally recommend Biz2credit for a loan.
Reviewed June 25, 2021
Over 3 months I e-mailed and called these people about my ppp loan application. I received a recording each time and never received a response to any of my e-mails. I don't recommend them for any of your needs. Very unprofessional group!
Reviewed June 25, 2021
I was able to manage and take care of all my business needs. Biz2Credit came right on time, because I was able to purchase the things (tires, oil changes, tune-ups, insurance, etc) needed for my vehicle, due to I am an Independent Shopper for hundreds of customers. Thanks Biz2Credit!
Reviewed June 24, 2021
I trusted them to treat me with respect and provide me the funds according to the PPP rules. They cost me thousands in funding when they failed to utilize the mandated calculation. Zero customer service or accountability and generic emails that go nowhere and a phone that was never answered. They only appear to care about themselves, not the businesses they are supposed to help.
Reviewed June 19, 2021
This company should have legal action by the Federal Government taken against them. I qualified for a loan amount that was triple what they quoted me. After seeing the extremely low amount which was less than most people’s weekly paycheck I went to another company and was approved for my correct qualifying amount. They wouldn’t cancel my application so I could get what I am eligible for. I opened a BBB complaint and never got anywhere. I always received automated responses.
Since they would never respond or cancel my application I never received my loan that I was qualified for under a Federal law to receive. This should be illegal since it’s fraudulent and just plain wrong! I am waiting for a class action lawsuit to be brought against them so I can get some justice from being robbed of what I was entitled to by our government. I will be writing congress and won’t stop until they are held responsible for what I’m sure they have done to many others besides myself!
Reviewed May 31, 2021
Updated on 06/16/2021: I've contacted the SBA, OIG, BBB of NY, and my congressman and still no resolution on Biz2credit's incorrect calculation of my loan. There has to be something we can do about this horrible sham of a business. As the rest of you, this has been the WORST experience I've had in my 24 years of business. I can't believe that when I finally got someone to call me, Kamal says "I should have been able to find work doing something else" and my loan will be reduced significantly because of that. Huh? When did the SBA grant them the authority to subjectively deny funds????
Original Review: Per discussion with Michael ** at the SBA, the lender shall provide funding for the amount submitted and approved by the SBA. Biz2credit shall have confidence that the SBA's approval of the Application using FORM 2483-SD to calculate the Loan amount is valid. Remember, an Applicant may choose to use the gross income method and Form 2483-SD-C to calculate the loan amount. OR Applicant can use SBA Form 2483 -SD to calculate the loan amount using gross receipts, quarter-over-quarter, the average monthly gross receipts for that quarter, then multiplied by 2.5.
All supporting documentation was provided to biz2credit in the form of bank statements for Q42019 and Q42020 to prove the 25% decrease in gross receipts. Gross receipts for 2019 (as reflected in the bank statements and the 2019 1099-MISC) were received only in Q42019, not in Q1, Q2, or Q3. Therefore, the loan amount was correctly calculated by the Applicant using the average monthly gross receipts for Q42019 multiplied by 2.5 (but not to exceed $20,833 for a self-employed contractor with no employees). Biz2credit refuses to follow SBA guidance.
Reviewed May 26, 2021
I applied for my loan on February 25th. I received my e-Tran Number and signed all documents by February 28th. April 9th I linked my account and was approved 2 days later. After sending multiple emails requesting an explanation of the funding delay, I reach out to Tommy **. On May 23rd, my status stated I was funded. Hence, Tommy ** sent me an email stating that I was denied without explanation and my application was withdrawn. This is a major set back and a waste of time.
Reviewed May 8, 2021
I’ve been Experiencing everything in reviews that I’ve been reading. This company sucks. Even responds to emails of tickets created saying issues resolved with no resolution of how it was fixed but problems are still there. How do you report them? I think they are frauds their self’s.
Reviewed May 6, 2021
Unfortunately, the second experience with Biz2credit did not work. I have got approved with my second PPP, also, I was approved by SBA. I have to approached the Biz2credit Managing Director in Linkedin for me to get a response from the person in charge with my account. His name Eric **. They had me for nearly 4 weeks, sending them paperwork, and also filling up documents and contracts, and I received a message on my dashboard that My PPP was funded in 72 hours. When I approached them after one week, no answers.
I wrote to the Managing Director, and after one hour I received a message from Eric ** telling me that SBA did not approve my loan, what I can't understand when I received a email from them that SBA approved my loan and also I used the same paperwork that I sent them for the first PPP. They made me to waste my time, and create some expectations that they were not fulfilled on the last minute. No clear explanation of my rejection. I am so sorry, but I believe they are mediocre in customer service, and that is due that they have too much money from the government. No good to work with.
Reviewed May 6, 2021
I went to Biz2Credit for my first PPP loan. It wasn't smooth but I ended up receiving the funds which were later forgiven. Round 2 came up and I reapplied through them back in January. I waited and waited for a response. Nothing till April. According to my dashboard. the FDA rejected my application due to my social security number and my Etrans number (loan #1) being incorrect. Both were correct on my application. I called and left 20 messages..not one call back. I sent even more emails for weeks with the only response being that they had opened a claim or something like that. I finally got a response back with them telling me that there was nothing they could do. I had to make the necessary changes on my application.
There was a link to do this but it didn't work. I haven't worked since last December. I'm a small company which is probably why they could care less about me. Use another company! Thousands of people have had this same experience with them. Even if you ask them to withdraw your application, it never happens so you cant apply with another company. Regardless, It's May 5 today and the PPP funds have run out. A lot of people like me were counting on these funds to get us through.
Reviewed May 6, 2021
First PPP loan with Chase a breeze, The second with Biz2Credit a total nightmare. I applied in FEB they quickly lock you in with an E-tran number and then disappear. No contact for those three months except an email making me repeat steps and uploading documents that we already uploaded. Then without any notice or explanation they withdrew my app the day before the PPP funds ran out. My accountant sent in the paperwork and I know I qualify yet here I am -- with no way of applying for me second PPP now, but guess what they finally called me to explain -- you want to know what I had to do to get someone -- anyone from this company to respond by email or phone -- write my Congressman. And then forward the letter to their marketing department.
Now they want to talk. After there are no more PPP funds. As a side bar the guy who called me called me from a spoof number. First he was in California then New York. He tried to explain why my loan was withdrawn when I asked him why thousands of other reviews had the same problem as me he didn't want to talk anymore.
Reviewed May 5, 2021
I applied through Biz2Credit for my first draw loan and after weeks of pending the loan finally was approved and funded. Now after getting the email to apply for second draw and submitting the same required documents they’re telling me that the documents aren’t sufficient and withdrew my e Tran number and cancelled the loan that was approved by the SBA.. I’ve emailed multiple times and still no response but an email to submit application which I have with no updates or movements..
Reviewed May 4, 2021
I wish I would have read reviews before spending the last 2 months dealing with this company (however, I just went with the one my accountant recommended). The website claims you will get funded in approx. 10-12 business days but that is not correct. The company does not provide updates. Emails to customer support and/or your assigned representative take 3 weeks, if ever, for them to respond.
I waited approx 40 business days (and kept providing the company everything it requested) before I logged on a week ago and the portal now says my application was withdrawn. The funny thing is that I never requested to have my application withdrawn. I had an SBA number and was waiting for funding and the company decided to withdraw my application on its own without telling me. A week later, I still have not received any notification that my application has been withdrawn. In addition, I have not received a response to my emails regarding this issue. I wish I would have saved myself a lot of time and frustration, and picked another company.
Reviewed May 4, 2021
I am reading the horror stories and I am in the same situation - got approved by SBA 03/14/2021, e-tran was issued, today is 05/04/2021 - no funding, numerous emails with the same answer to provide something that was provided several times before. We need this funding to make our payroll. Someone suggested class action lawsuit, I think it’s a great idea. In these difficult times they should make things easier. Instead they frustrate people, get approvals from SBA and don’t fund businesses that are in desperate need of this funds. They need to be investigated and prosecuted for negligence. I repeatedly asked them to cancel my loan and release the e-tran number so I can apply with another lender - no response. FRAUD!!
Reviewed May 4, 2021
Where do I start? I have been approved for first round of PPP and signed the documents 04/06/2021. Today is 05/03/2021. Still nothing. I emailed them millions times but nothing. Finally they send me that I have to connect my bank account through Yodlee. Come on. For the sake of getting my loan, I connected my bank account. Still NOTHINGGG. SOMEONE NEEDS TO STOP THEM FROM OPERATING. I wish I used different bank to apply for PPP when you need the funds to support your struggling business and family. They don't care about the small businesses and their families behind these businesses.
Reviewed May 2, 2021
This has been by far the most frustrating experience! I had my first draw with Biz2Credit without any issues. I applied for a 2nd draw with the same company. After applying on April 10th, I was informed via email that I was approved, given a loan number, submitted my bank account information for deposit, and signed the required 2483 form. After doing that, the application was stuck in the approved (pending re-verification stage) for weeks.
I have been emailing both the customer service email as well as my funding specialist Tommy Q. After a few weeks of no response, I find that my application was withdrawn without warning even though I submitted everything that was required of me. If there were any issues, I would've been happy to correct it. If they needed more documentation of anything, I could've sent it in no problem. However, there was absolutely no contact until the application was withdrawn.
Lastly, they said that I was free to apply with other lenders, but when I look on the CAWEB system, it still says that it is active un-disbursed. I submitted many requests for email into why all of this happened, but still no response. This is money that was desperately needed for my business and yet this is how they treated small businesses who need the most help. I warn anyone who goes with this company that you may experience the same thing I did or worse. It is so sad to see lenders like this who are preventing people from getting the funding they need.
Reviewed April 29, 2021
So this company is impossible. I applied in 01/21 for 2.0 ppp loan that I qualified for. Then I asked them to withdraw the application as I thought I was approved by another lender. They stated they withdrew. I have been trying for 3 months to get my second draw. All because Biz2Credit said they withdrew and they did not from the sba. Not only that but you cannot get a live person to respond to you. I think I am going to lose out on money that is desperately needed to continue to operate all because of this company. Do your homework. Beware.
Reviewed April 29, 2021
We applied for PPP thru them six months back, we even got approved by SBA but this company kept on asking to download all the tax papers, we sent everything in very timely manner but this people never worked on it and there is very poor communication skill they have, you can not call them and they never call you. It is only thru email, every time you get an email asking for the same document from different people. Ultimately we got an email informing us that SBA DENIED OUR REQUEST, WHICH IS NOT TRUE, WE GOT IT APPROVED BY ANOTHER LENDER. I am not sure if they are legitimate, if they are then they have to reorganized their set up, very poorly handle. I THINK THEY ARE INTERESED IN A BIG COMPANIES, IF YOU ARE A SMALL BUSINESS THEY ARE NOT INTERESTED IN YOU.
Reviewed April 29, 2021
Don’t paid Biz2Credit/Itria Ventures to use their system if you are not a CPA, they will steal your money. They have this subscription, called the premium subscription, it cost 1,500.00 and only after 2 months of use they denied me the right to process application for PPP. Because they claim that they want to help the SBA to prevent fraud. So what this mean if you are not a CPA, every one else is a crook? I have been an EA in good standing for over 20 years and I have never been treated like garbage by so an uncrumples bank. If you have been abused and robed, we should find the way to sue these crooks.
In my opinion the AICPA is working with Biz2Credit/Itria Ventures so CPAs are the only ones allowed to process PPP applications. This is discrimination and racketeering from the Biz2Credit/Itria Ventures by allowing only CPAs. They signed hundreds of accountants and now they are closing the accounts and not refunding anyone. In my opinion they should be investigated by the Justice department, the SBA and the banking department for racketeering. What they are doing now is dishonest and fraudulent business dealings.
Reviewed April 28, 2021
I applied for a PPP loan and was told I was approved. Since then I have received absolutely no communication. I as other on this feed, have emailed multiple times and received nothing!!! I go to the Dashboard today and there is no evidence that I applied. It's as if my information was completed wiped out. Where are the documents I uploaded? Can anyone tell me anything? Horrible service, communication, follow-through...
Reviewed April 28, 2021
I have been trying to apply for the loan for three months and they have not been doing it! I emailed them. No response. They have no phone number. I went down the main building and they wouldn't let me in! They are stealing our money! I tried applying someplace else and I can't because Biz2credit is holding it hostage! The other company that I tried applying totally said I was approved ! What is happening!
Reviewed April 28, 2021
I don't even know where to start. It has honestly become almost a traumatic experience working with BIZ2CREDIT. I have been a part of a forum where some have even had to close down permanently after being in limbo. Here is a summary of my experiences... 1.) 1st round PPP successfully funded 2/2/21. 2.) Application submitted with ALL documents for 2nd round. 3.) Signed form 2483 on April 5th.
4.) Over a week later, I was informed I needed to connect my bank account to verify they will not return the funds if deposited. (Even though I used the exact same banking information as 1st round.) This turned into quite an ordeal. First off, on Yodlee, my bank wasn't on their webpage as a choice for verification, even though on their master list of accepted banks it was listed. I was informed that I needed to enter it in manually, although the option to do that was no longer available.
5.) Finally, they said to verify through Decision Logic, but sent me a link that was for the wrong division of my bank. I informed them that being a sole proprietor, my account was a personal account. Then I received an email where an employee straight out LIED to me. He said, "The link I sent you is functioning for both personal and business accounts." The issue was that they were sending me directly to the business login portal, and I had repeatedly told numerous individuals that this was wrong. (AxosBank.com/business)
I called Decision Logic and spoke to their client support department directly. They said that not only were they sending me to the wrong portal, but the employee from Decision Logic looked further into it and saw that many others had also had the same issue, and were not able to verify. She went on to tell me that as far as she could see, no one from BIZ2CREDIT had contacted them about this, and I was the first to bring it to their attention. I was then told the steps for BIZ2CREDIT to take to correct this. I passed this information on and continued to receive random emails telling me to upload documents I already had done...etc.
Finally weeks later I was asked for my updated phone number, repeatedly again, and I had replied within minutes of receiving their request. A few days later I received a phone call, and I explained what I needed him to do, (send me a link to verify account through axosbank.com/personal, not AxosBank.com/business). He did that and I was logged in and verified within minutes. (Had they done this 3 weeks earlier it would have saved everyone the wasted time.)
6.) After my bank was verified on Friday 23rd of April, I was told to expect closing documents. 7.) Monday 4/26 After I emailed for an update, I logged into my account and it kept saying to upload documents again that I already had uploaded a month previously, almost. 8.) Tuesday 4/27 I received another request for me to go through my bank statements and highlight which items were expenses paid for PPP forgiveness. 9.) Replied with requested statements highlighted approx 2 hrs later.
10.) Wednesday 4/28 I logged into my account and my application is now missing and there is a NEW BUTTON asking if I WANTED TO APPLY FOR ROUND 2!!! Even though my Caweb still shows my Etran number as active undisbursed. So I'm praying it is a glitch. I will update as soon as I know. All of this occurred while I sent daily emails asking for updates and never received replies except when they were seeming to stall and sent emails that were repeats of previous emails and already done. The first round was flawless, so I am beyond upset about how the 2nd round has gone. I hate writing online business reviews as I know the damage that can occur from them, but I owe it to fellow small business owners to make them aware.
Reviewed April 28, 2021
Every negative review here is spot on!!! I applied for my first PPP draw in January. I had questions, emailed them several times and never got a response. Fortunately after a few weeks, I received my PPP. I applied for my second draw a couple weeks ago and am stuck in this "More Information Needed" limbo. They don't respond to emails and if you have any questions or concerns, you are on your own. Getting your money will be 50/50 odds....Do not apply with Biz2Credit!
Reviewed April 27, 2021
Please be wary of this company as they did more harm then good in processing my PPP loan. I applied back in February and almost two months later I received an email indicating that my loan was approved by the SBA, given a loan number, submitted my business bank account information for deposit, signed the required 2483 form and used an automated system to verify my banking information. I received an email that I should expect the loan to fund in 7 business days. Following that, I began receiving emails to provide the same banking information that I had already been provided. (I provided it again.) I wrote emails and tried calling my supposed account manager "Sam P" - but his voicemail box is full. No one ever responded to my inquires.
I recently received an email that my application was withdrawn for failure to provide information. What makes this most frustrating is that because Biz2Credit has submitted a PPP application on my behalf I cannot have another loan processed by a different company because Biz2Credit has reserved my loan information with the SBA by submitting an application in my name. Essentially, this business has prevented me from obtaining a PPP loan despite being in need of the same.
Biz2Credit Company Information
- Company Name:
- Biz2Credit
- Company Type:
- Private
- Year Founded:
- 2007
- Address:
- 1 Penn Plaza, Ste. 3101
- City:
- New York
- State/Province:
- NY
- Postal Code:
- 10119
- Country:
- United States
- Website:
- www.biz2credit.com
