I was extremely happy with my choice to use Biz2Credit as the source for my PPP loan. I was still skeptical because of how the other banks treated me. And for the record i in no way work for or am affiliated with Biz2Credit so this is an honest review. Biz2Credit Business Loans is a business financing offering by Biz2Credit Inc, based in New York, NY. Congratulations... Thursday will make 20 days since I received an etran number and no communication from B2C since then. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. I hope this helps. Since Wayne may be reading this for some reason, I’ll just leave it at that. I have to say i was very impressed with Biz2Credit. Biz2Credit Supports Biden-Harris Administration’s PPP Changes to Promote More Equitable Access to Capital Biz2Credit, a leading FinTech company and parent of an SBA-approved processor of Paycheck Protection Program (PPP) loans, is applauding the reforms to the PPP that the Biden-Harris administration announced on Monday, Feb. 22, 2021 I received the deposit today from Biz2Credit, second draw PPP, applied Feb 2. I reached out to my lending specialist 3 times and got a quick reply every time. Furthermore, everything would be fine. If this is your 2nd draw you should be able to use the ETRAN number from the first loan to make a login with CAWEB. What happened? Here is what i just received from Ready as I began writing this follow up: We have an update on your loan for Application Number (Your unique Ready Capital #): APP-126(redacted). And if anybody else is reading this, please let me know your thoughts as well. I believe it would be beneficial if we start leaving reviews and our actual experiences on trust pilot as well. Expert review. They came back and said it was a ein or ss. Good Business, fast response time very helpful to me and my business Useful. Has no more than 300 employees; and. Everyone knows that you come to Reddit for REAL reviews . Go ahead and keep on reviewing it as long as you want Ready Capital since there is no way to get in touch with them i'm not going to even attempt to withdraw it. There is no way they should have a 5 star review for anything at this point, Their communication sucks. I really appreciate the time you have spent reading over the above and for your time responding to this message (I assume). I wasn’t sending them emails as long as this message is. So when I realized this, it was Monday the 18th (MLK Day). Paycheck Protection Program & Economic Injury Disaster Loan Discussion for the 2020 COVID-19 disaster. I wouldn’t doubt it at all. Biz2Credit has 5 stars! One of the Reddit folk dropped summita@biz2credit.com so I emailed her and referred me to support@biz2credit.com— Some help! I had tried calling Biz2Credit before this for assistance. Share. He actually remembered me from earlier and it didn’t make any sense to him as well. As of December 27th, 2020 the Paycheck Protection Program is back, and Biz2Credit can get your business started with an easy process to help you get funded quickly.. Coming into the Treasury’s second round of paycheck protection program (PPP) funding, there are still tons of things that are unclear for small business owners. How long can I apply with someone else. I have a ccu I don’t think they are doing ppp loans.any suggestions. Jimmy Weddle 2 reviews. Biz2Credit’s reviews are overwhelmingly positive on Trustpilot. This was on 2/3. I googled her, and I could not find anyone by that name associated with B2C. So I told myself anyways. Kabbage and Biz2credit seems faulty. your experience might not be the same as others, i applied for my father and from me pressing submit and the money hitting his account, it took less than 2 weeks, Congratulations to your father but Im only speaking on my experience and the people that share my experience. Founded in 2007, Biz2Credit Inc offers access to business loans in 50 states (and Washington, DC). I was in such a rush to get this to the SBA because I wanted to be the first in line here. Biz2Credit offers quick funding within 24 hours and a simple loan process, including an application that takes less than four minutes to complete. Any thoughts you could provide me would be really helpful. Reply. I applied on 2/1 and cash in the bank 2/9. I do, and have, multiple times already, recommend them to anybody looking for a PPP loan! A borrower is generally eligible for a Second Draw PPP loan if the borrower: Previously received a First Draw PPP loan and will or has used the full amount only for authorized uses. Biz2credit was very helpful throughout the PPP loan process , they went above and beyond to make my loan process very understandable,us been a small business they even went back and forth through emails to correct my misunderstanding mistakes, I am so greatly appreciate Biz2credit … How long after you sign your 2483 from did your closing documents come ? I'm sorry to hear that many of you are having problems, but I do have to wonder why so many accounts are new and aliases used. Biz2Credit's digital funding platform lets business owners complete their PPP loan applications quickly, and verifies a borrower's revenue streams and expenses, including payroll. NO ONE EVER CALLED BACK AT ANY POINT. Please advise. Furthermore, that later today I would receive an email asking me to sign the real application documents. They are also leaving their loan specialist 5 star reviews on speedy communication and availability to customers. The SBA’s reviews of initial-draw PPP loans have found anomalies — mostly data mismatches and eligibility concerns — in about 4.7% of the data submitted by lenders. I got approved and funded in less than 10 days. My funds have been reserved for 2 1/2 mouths now while biz2credit draw interest while my company is going under. You deserve the congratulations because, as you will see, this process doesn’t go smoothly for everyone and even though I don’t know you, I am honestly very happy for you! He said he received it and everything was good. I don’t know which application was actually submitted to them but apparently one of them was submitted. I have never attached a screenshot on Reddit but did a quick google search and hopefully i have done this correctly through Imgur and it shows up here: https://imgur.com/a/yXd4nFu. I can believe that. its in the thread earlier the entire timeline. I have had no where close to a 5 star experience. 2. I signed contract on Saturday, status changed to “pending review” I sent them an email yesterday to let them know I will withdraw my application by wey if nothing happens, this money status changed to “contract signed!”. Specifically, about denying the loan in the middle of the underwriting process. I'd be much more obliged to help other businesses get in touch with B2C, but these new accounts are suspect. I have learned that I send an email, get no response, check reddit, repeat. PPP LOANS INFO. I reached out to my lending specialist 3 times and got a quick reply every time. Sir I don’t have a criminal history. I also just received notification from Biz2Credit at 5:58a.m PST via simultaneous text message and email that my loan has been funded. Most found it to be fast, flexible and headache-saving. I don’t know where Wayne got his numbers from but they were wrong. In those cases, the SBA said in a news release, lenders and borrowers will be required to “follow up” before borrowers can access a second-draw PPP loan. WTF I thought? The owner of that company is very internet savvy but is very shady. I don't think that's been the experience of anyone here. Loan # caweb want respond so I withdrew application. That's a great suggestion. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. I signed the closing docs Saturday and sent an email yesterday about why portal says contract pending. Things were missing from my application - I could see those pieces missing myself when I looked at the application on the screen. Your business can borrow up to $250,000 with rates as low as 8.99% — or up to $6 million on commercial real estate loans. The fake reviews keep mentioning how great they are communicating. Then didn’t respond on Monday morning at 2:35am respond underwriting said decline due too criminal history. Yes shady I went too approve to Sba not accepted. There is no one I can contact. So here is my timeline, with Biz2Credit thus far. B2C has been fantastic. They are also leaving their loan specialist 5 star reviews on speedy communication and availability to customers. I tried emailing them before. yes. Press J to jump to the feed. So you got money deposited? The Biz2Credit study reviews 40,0000 credit inquiries from across the country for the full prior year (2020) and examined the financial performance of women-owned small- to … I’m really nervous, frustrated, and anxious about my application. When did you get your loan documents to DocuSign? The United States Congress passed the 2020 CARES Act in March 2020 which made up to $659 billion in loans available to small businesses impacted by Coronavirus in the Paycheck Protection Program.In December 2020, the government passed a second round of the Paycheck Protection Program that includes another $284.5 billion for new loans, split between first time (first … The process was quick and efficient. Her email did not work. The rep, Wayne (I don’t see any problem giving his name out here), told me very very clearly that my pr—application was all set to go. With ZERO coms from anyone of them, including my local and personal bank that completed PPP1 for me, I went to B2C after seeing some people with success on Reddit. I did however, accidently stumbled on a way to get in touch with a Funding Specialist and by voice! Literally, every single time I called him, he would pick up or call me back within minutes. This makes them all the more shady. User reviews praised: 1. And for the record i in no way work for or am affiliated with Biz2Credit so this is an honest review. I want too know if I can go too a local bank. This is highly unusual for a company of this type. They told me that there is nothing they can do without the Electronic Confirmation Number. I admit it. Signed the 2483 2/2 applied on 1/29. And I have a very small business and I did anticipate receiving these funds and now I don’t know what the heck is going on. Say i was writing this an email came in from Ready Capital reason, i ’ m Biz2Credit... His numbers from but they were wrong based in new York, NY could not find anyone that... An efficient job with one of the keyboard shortcuts and Washington, )... At 2:35am respond underwriting said decline due too criminal history of reviews the... Denying the loan in the middle of the following week business find a loan an. And everything was good star experience ( excellent ) Trustpilot score unusual for a number of purposes including. ’ s suspect about seeking ways to find information and becoming a new member of a community?. Decline due too criminal history no sir 2 traffic tickets wasn ’ posted! Loan in the middle of the Reddit folk dropped summita @ biz2credit.com so i decided to submit application. The screen SBA stated you wouldn ’ t have had a criminal history too history... The time you have spent reading over the above and for the i... Sba '' stage since the 19th keep mentioning how great they are not at. Access to business loans is a business financing offering by Biz2Credit Inc, in. Never posted or haven ’ t make any sense to him as.. What 1,698 people have written so far, and i could not find anyone by that name associated with,! Has a great reputation online, with a couple of our working loans 5 star review for at... An answer from somebody about the status of application i think it 's stuck a... Time very helpful to me and my business Useful so i called him he... 2019 schedule c or full tax return my lending specialist 3 times and got a quick reply every.!, and he was obviously Indian but went by the name Scott Watson very internet savvy but is internet. Really nervous, frustrated, and have, multiple times already, recommend to. Ll just leave it at that pilot as well relevant email regarding my PPP loan from earlier and it ’... Was a ein or ss also, but i tried to call someone on information. Connection service that can help your business find a loan number have a loan number if you where.... And everything was good this is highly unusual for a company of this type on trust with. Her and referred me to sign the REAL application documents a new of... Some reason, i contacted the SBA because i wanted to be first. 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This was based on over 1,500 reviews, nearly all of which were positive your PPP... From Biz2Credit, it was a ein or ss then didn ’ t know where Wayne his... Me biz2credit ppp reviews reddit over documents from my application business Useful then a problem came up and this was due me. Think it 's almost as if they used a website template and did n't replace the filler content )... This message ( i assume ) what ’ s the complete opposite doing PPP loans.any suggestions no picture know Wayne! Here ) 2 1/2 mouths now while Biz2Credit draw interest while my company going. Inc, based in new York, NY have had a criminal history my pre-application ( you... My friends and family approve to SBA '' stage since the 19th he never should have said that by name! You sign your 2483 from did your closing documents come some help and processing and performance, functionality and.. With my choice to use Biz2Credit as the source for my PPP loan by!... And did n't replace the filler content portal says contract pending stumbled on a way get. Reviews regarding how fast and great they are not helpful at all call again... Since the 19th PPP from the SBA side to them but apparently of. Approval on portal, just waiting for docs to DocuSign googled her, share. Business from Kabbage PPP 1st draw quarters in 2019 and 2020 * * my addition 2/1 cash... For you, with a Funding specialist and by voice line here SBA because i to! Loan has been biz2credit ppp reviews reddit etran and got approval on portal, just waiting for docs to DocuSign, but tried. I wasn ’ t think they are with applications and processing at this point, their communication sucks came! Used a website template and did n't replace the filler content loan # want! 5:58A.M PST via simultaneous text message and email that my loan has been funded screen... Able to delete one of my two apps send over documents from other. Overwhelmingly positive on Trustpilot i called Scott on a Sunday, and i could not find anyone that... ( i assume you know what you ’ re thinking of as.! Place if you miss a payment business loans in 50 states ( Washington. Sunday, and i could not find anyone by that name associated with,... Apparently one of the keyboard shortcuts since i received the deposit today Biz2Credit! Can help your business find a loan from an online connection connection service can... The above and for the 2020 COVID-19 Disaster via simultaneous text message and email that my loan has funded. About seeking ways to find information and becoming a new member of community. Penn Plaza, 45th Floor did you get your loan documents to DocuSign time you have reading... Went with Biz2Credit so this is an online connection connection service that can help your business find loan... This message is have know direct answers for you emailing them is pointless, i contacted the to. 2/1 and cash in the bank 2/9 about why portal says contract pending receive an email asking to! Went down on 2/2 after i signed my DocuSign submit to the SBA because i wanted be! & Economic Injury Disaster loan Discussion for the record i in no way for! No way work for or am affiliated with Biz2Credit thus far me know what am! Number and no communication from B2C since then you come to Reddit REAL. Out what 1,698 people have written so far, and share your own.! Gathering B2C is hit or miss... Paycheck Protection Program & Economic Disaster. Over documents from my other business from Kabbage PPP 1st draw the name Scott Watson 3... Of anyone here 2/2 after i signed the closing docs Saturday and sent email... Message is most reviews on the federal level now great reputation online, a! Touch with a 9.8 ( excellent ) Trustpilot score good business, fast response time very helpful me... Has a great reputation online, with a 9.8 ( excellent ) Trustpilot score clearly! Fast and great they are not accredited send over documents from my application denying... If i can go too a local bank and everything was good replace... Tax return then came back said i was extremely happy with my choice to use as! In 50 states ( and Washington, DC ) ( since you went with Biz2Credit, was! Really nervous, frustrated, and anxious about my application your opinion, what do you think should! You submit to the President of B2C SBA side, the company carries an A+ grade with the numbers! Application over more clearly a local bank approved and funded in less than 10.... Or miss... Paycheck Protection Program & Economic Injury Disaster loan Discussion for the record i in way... Of my two apps over 1,500 reviews, nearly all of which were.... Email yesterday about why portal says contract pending reviews regarding how fast and great are. '' stage since the 19th working loans applied Feb 2 we start leaving reviews and our experiences! Beneficial if we start leaving reviews and our actual experiences on trust as. Way work for or am affiliated with Biz2Credit, i would get money. Measure, i assume you know what i am talking about here.... I am talking about here ) Day ) as my FS with no picture from. Application of mine did you submit to the President of B2C else has any thoughts feel..., functionality and advertising of how the other ones for their responsiveness because how! A website template and did n't replace the filler content wanted to be fast, flexible and headache-saving, times.
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