Biz2Credit Business Loans Review 2024: Is It Right For You?

Becky Hanson

Biz2Credit specializes in financing solutions for small businesses that have been in operation for a minimum of 12 months, show a consistent profit, and have a strong credit history. Business financing includes working capital, commercial real estate, and term loans. 

Overall rating


Summary: Biz2Credit business financing is best for small businesses that are established and generate consistent revenue. There are various repayment options available and a funding advisor is on hand to help you choose the best financing solution to grow your small business.

Biz2Credit Business Loans

biz2credit logo


Max. Loan Amount

12+ months

Time In Business


Monthly Revenue


Credit Score



Loan Application


Loan Purpose


Loan Terms, Fees, & Rates


Repayment Options


Industry Restrictions


Customer Service


Safe & Secure


  • Funding advisors available 
  • Range of business loans available 
  • Various repayment options 
  • Excellent customer satisfaction rating
  • Variety of loan amounts


  • Origination fee 
  • Maximum term 36 months

Best For

  • Fast funding process 
  • Established businesses 
  • Small businesses


HQNew York, United States
Loan Amount$25,000 to $6,000,000
Loan Terms12 – 36 months
Interest Rate TypeFixed
Loan SecurityUnsecured 
Collateral RequirementsNone
Min. Credit Score 575 or 660 (depending on product)
Min. Monthly Revenue$10,000 or $25,000 (depending on product)
Time In Business12+ months
Turnaround Time24 – 72 hours
State RestrictionsNot available in NV, ND, SD

In depth review om Biz2Credit Business Loans 

Biz2Credit offers three types of financing solutions:  

  • Working capital: Best for short-term financial needs such as buying inventory, hiring staff or making payroll. With Biz2Credit, you’ll pay back a percentage of your sales daily, weekly, or bi-monthly. 
  • Term loans: Can be used for a broad range of business needs that help your business grow over time. You can use funds for everyday business operations and benefit from tax-deductible interest. 
  • Commercial real estate loans: These are larger loans secured by commercial real estate. You can use funds to carry out renovations, acquire a business, and refinance an existing loan.   

You can apply online in under 4 minutes and receive funds into your account within 72 hours.  A Funding Advisor will talk you through the best options that suit your business needs to ensure you’re making the best decision for your business.

The following table summarizes the business loans on offer: 

Biz2Credit Business FinancingWorking Capital  Term Loan Commercial Real Estate Loan 
Loan amount $25,000 – $2,000,000+$25,000 – $500,000 $250,000 – $6,000,000 
Repayment term Paid back from business receipts12, 18, 24, 36 months 12 – 36 months 
Purpose Business projects and expenses Large projects and investments Major projects or acquisitions 
Approval Within 24 hours Within 24 hours  Within 30 days 
Repayment schedule Daily, weekly, bi-monthly Weekly, bi-monthly, monthly Monthly 
Source: Biz2Credit 

Biz2Credit Business Loans is best for  

  • Fast funding process: Apply in under 4 minutes and receive approval as quickly as 24 hours later.  
  • Established businesses: Businesses that have been in operation for a minimum of 2 years have the best chance of securing funding. However, in special circumstances, Biz2Credit will consider some businesses at the beginning stage of their entrepreneurial journey, provided your business has been in operation for a minimum of 6 months.  
  • Small businesses: Biz2Credit is a good fit for a range of small businesses including restaurants, doctors, lawyers, accountants, and gas stations.  

Biz2Credit Business Loans benefits 

  • Funding Advisors available: You can speak to a Funding Advisor to find the best financial solution for your business.  
  • Range of business funding options available: There are various funding options available to suit your business needs including working capital, commercial real estate, and term loans.  
  • Various repayment options: You can choose from daily, weekly, monthly and bi-monthly repayments on your loan.  
  • Excellent customer satisfaction rating: Biz2Credit has an excellent 4.6 rating on Trustpilot with many customers reporting great customer service.  
  • Variety of funding amounts: Loan amounts are flexible, starting from $25,000 and going up to $6 million. This gives business owners the option to choose the best business financing solution for their needs.  

Biz2Credit Business Loans drawbacks 

  • Origination fee: There is an underwriting fee of $250 – $400 depending on the size of the financing.  
  • Maximum term 36 months: The maximum term is 36 months which can be short for some business owners looking to spread their payments out over a longer period. This could create a strain on cash flow.  

 Loan application  


To be eligible for Biz2Credit Business Financing you’ll need to meet the following criteria:  

  • Minimum credit score of 575 
  • At least 12 months in business 
  • Minimum annual revenue of $120,000 

You’ll need to have the following information: 

  • Funding Amount 
  • Funding purpose 
  • Funding term 
  • Name 
  • Email 
  • Phone number 
  • Annual revenue 
  • Time in business 
  • Credit score 

Once you have completed the application you can choose from one of the financing solutions. A funding advisor will go over your application to ensure the funding option is the best fit for your business needs.  

You may be asked to provide documentation such as financial statements, business tax returns, and profit and loss statements to support your application. Biz2Credit has a fast funding application process and you could receive approval within 24 hours. After you finalize the application the funds should be deposited into your bank account within 48 hours. 

Loan purpose


Biz2Credit Business Loans can be used for a range of purposes. Some of these include: 

  • Making payroll 
  • Hiring staff 
  • Buying inventory 
  • Purchasing or leasing a new building 
  • Upgrading equipment 
  • Covering cash flow shortfalls 
  • Acquiring a business 
  • Pay for equipment maintenance or repairs 
  • Fund renovations 

Loan terms, fees, and rates  


Terms of funding range from 12 – 36 months for commercial real estate and term loans. Working capital financing is paid back from business receipts.  

The final interest rate will depend on your credit history and how quickly your business needs financing.  

Fees include an underwriting fee typically ranging between $250 – $400 depending on the size of the loan. There are no other hidden fees and you will only pay a fee when your funding application closes.  

Repayment options 


Payment schedules can be daily, weekly, monthly, or bi-monthly depending on the type of business financing.  

Biz2Credit does not disclose early repayment options for business financing.  

Industry restrictions 


Biz2Credit does not disclose industry restrictions. Small business loans can be used for the following industries (but are not limited to): 

  • Restaurants 
  • Hotels 
  • Gas stations 
  • Accountants 
  • Lawyer firms 
  • Construction firms 
  • Pharmacies 
  • Insurance agencies 
  • Real estate agents 
  • Doctors

Customer Service 


To get in touch with Biz2Credit, you can call (800) 200-5678 or email from Monday to Friday 9 am to 6 pm. Biz2Credit is located at the following address: 

  • Biz2Credit Inc.  
  • 1 Penn Plaza, 45th Floor  
  • New York, NY 10019 

Alternatively, you can send a message via the contact form on the website. There is also a helpful FAQ page that could answer some of your questions about receiving business funding.  

With over 14,000 reviews on Trustpilot, Biz2Credit has many positive reviews reporting a fast and streamlined loan application process and great customer service.  

Safe and secure  


Biz2Credit is an online small business funding platform that has provided over $7 billion in small business loans to over 250,000 businesses. Founded in 2007, Biz2Credit is widely recognized as one of the leading lenders for small businesses.  

Is Biz2Credit Business Loan right for you? 

Biz2Credit Business Loans is a good fit for small businesses seeking fast financing solutions and flexible repayment options. There is a range of business loans available and a funding advisor is on hand to meet your business needs.