Paychex Announces Partnership With Biz2Credit For New Small Business Loan Resource Center
Paychex, Inc., a leading provider of payroll, human resource, insurance,
and benefits outsourcing solutions for small- to medium-sized
businesses, has partnered with Biz2Credit, a leading online credit
Paychex, Inc., a leading provider of payroll, human resource, insurance, and benefits outsourcing solutions for small- to medium-sized businesses, has partnered with Biz2Credit, a leading online credit resource for small businesses, to offer the Paychex Small Business Loan Resource Center, an online resource that gives business owners access to more than 1,200 lenders offering a variety of loan options that fit businesses’ specific financing needs. “Through our partnership with Biz2Credit and our new loan resource center, Paychex is underscoring its commitment to helping small businesses succeed by giving them access to the funds they need to start, grow, and manage their business,” said Frank Fiorille, Paychex senior director of risk management. “Because insufficient capital is a leading cause of small business failure, we’re excited to partner with a company like Biz2Credit that has made it easier for business owners to secure the loans that keep their doors open, and their businesses thriving.” Through the Paychex Small Business Loan Resource Center, small business owners have access to lenders and a variety of business loans and other small business financing products, including U.S. Small Business Administration (SBA) loans, micro-loans, commercial real-estate loans, and business lines of credit, among others. A pioneer in the loan industry, Biz2Credit uses the latest technology to match borrowers to financial institutions based on each company’s unique profile in a safe, efficient, and price-transparent environment. "We are pleased to partner with an industry leader like Paychex to introduce financing options to the 570,000 businesses they serve throughout the country,” said Rohit Arora, CEO of Biz2Credit. “Although things have improved since the depths of the recession, it is by no means easy for small business owners to secure financing today. Through our partnership with Paychex, we can bring options to light that they may not have known existed, or how to gain access to," Arora added. "Biz2Credit helps streamline the process, saving valuable time, effort, and cost in order to get small business owners the best financing options available today."