“Rising interest rates and the tightening of lending at big banks, as well as small and midsized banks, have combined to create a credit crunch for small business owners in need of capital,” Rohit Arora, CEO and co-founder of Biz2Credit, said. “We are proud to partner with CPA.com to expand the options available through the CPA Business Funding Portal to help business owners get the funding they need through the SBA 7(a) program.”
The CPA Business Funding Portal was developed to support the role of advisors in the lending process and provides a 100% online financing application process, a consolidated dashboard for client management, firm-wide collaboration with user role management, integrations with client payroll, and bank account and application preview and modification features.
“In an increasingly complex economic environment, small and midsize businesses need a trusted advisor to help navigate complexity and manage cash flow,” Erik Asgeirsson, president and CEO of CPA.com, said. “Financing advisory is a growing area within client advisory services (CAS) practices, and the addition of the SBA lending option to the CPA Business Funding Portal better positions firms to deliver more holistic financing guidance and secure the capital their SMB clients need to run their businesses and invest in future growth.”
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I wanted to personally thank the equipment finance industry for its continued support of the association. The board of directors and my team work tremendously hard to serve the needs of our members. First and foremost, the National Equipment Finance... read more