Yes, existing businesses that have prior business history can be eligible for financing with Biz2Credit, as long as the business has been in business at least 6 months and is showing revenue of over $60,000 up to date. Just be sure to have all the necessary documentation, such as previous tax returns, business licenses, and business bank statements covering the period prior to your business acquisition. All applications are subject to review and approval.

 Biz2Credit will only fund businesses that have at least 6 months of business history and are showing revenue over $60,000 up to date. If you are a brand-new startup and do not meet those criteria yet, we partner with companies that do provide credit solutions for brand new startups. You can contact our customer service team for more information. To learn more about our partners, please visit our partners page.

You should expect to receive the funds in your account within 24-48 hours after receiving final approval. In the rare instances that your bank is not reflecting the incoming funds, which could occur depending on the size of the loan or financing, this may take an additional 24 hours.  

 Yes, it is possible to pay back your working capital earlier than the expected term. To schedule your early repayment, simply contact the customer service department via support@biz2credit.com.  

The commercial real estate loan provided by Biz2Credit is an interest-only bridge loan that has durations of up to 36 months. Biz2Credit works with clients who take this product to secure long-term structured mortgage financing, or equivalent financing, over the course of the loan term. To learn more, visit our CRE loan page.