According to a Crowdfund Insider report, Biz2Credit, a small business financial technology platform, has formed a partnership with transportation finance firm and provider of equipment financing/leasing solutions, Advantage Funding.
Advantage Funding will utilize the acquisition channels on the small business lending marketplace to provide finance for commercial vehicles to end users, Crowdfund Insider said.
Crowdfund Insider noted Advantage Funding will back the loans originated through Biz2Credit. Advantage Funding also has access to a full range of technology and business solutions, including data and risk analytics through Biz2Credit’s patented BizAnalyzer Score.
The equipment finance industry has come a long way on digital transformation in the past decade. As we enter a new one, the next frontier will be completing the digital journey to encompass all points in the leasing life cycle.... read more
Have good economic times led to an over production of equipment with negative value implications? If the economy declines, will residual values follow? Is there a growing residual value risk? This article will present several examples of residual value risk... read more