1. Biz2credit Loan Products
Textile trade company uses $100,000 line of credit to cover cash
crunch
A textile trading company has been in business for 3 years. From
2006 to 2007, the company's revenue grew by over 400 percent.
Unfortunately, the current economic recession has hurt the
company's cash flow..
The Need
With a limited credit history, the business owner only qualified for
high-cost private loans. The entrepreneur wanted to refinance the
expensive private loans with a line of credit from a bank to service
the existing demand and cope with the short-term cash crunch.
Financing Solution
After reviewing the business challenges and financials of the
company, Biz2Credit recommended consolidating the company's
business banking, shortening the receivables and implementing a
structured account payable plan to improve cash flow. This helped
the company to improve short-term cash flow and made the bank
feel more comfortable about extending a larger line of credit.

2. Results & benefits
Results
*Received $100,000 line of credit in 15 days
*Strengthened case to increase line by another $50,000 over the next 2
months
.
*Stream-lined the accounts receivables and accounts payable cycle
Benefits
Received line of credit at prime plus 2
Improved business creditworthiness and ability to increase line in 2
months

3. New York-Based IT Company Expands Operations to New Jersey with
$150,000 Unsecured Line of Credit
"
An entrepreneur owns and operates an IT solutions company in New
York. The IT support company is looking to expand the 5-year-old
operation nationally.
The Need
The IT services company needed money to expand the existing
office and service a larger client base. Restricted to funding the
expansion through internal accruals, the owner needed a less
expensive and faster solution.
Small Business Loan Solution
After reviewing the business and personal financials of the
entrepreneur, Biz2Credit suggested using an unsecure line of credit
against strength of the business, personal credit and net worth of the
owner. Biz2credit found a bank product that based the line of credit
on the business goodwill and personal net worth of the owner. Best
of all, the product required minimal paperwork.

4. Results & benefits
Results
Received funding in 15 days
Received an unsecured credit line of $150,000 at prime
plus 0.5
Benefits
Working capital access
Speedy funding
Over 150 basis points in interest rate savings
Financed physical expansion of existing office

5. Driving School Owner Finances Business Expansion with Unsecured Line of
Credit
An entrepreneur owns and operates a driving school in Queens, New York.
The 12-year-old school provides training for a large number of immigrants
in the New York area. With the immigrant population increasing and
demand for driving education rising, the entrepreneur is opening a new
office in New Jersey.
Financing Need
In need of financing to expand the enterprise, the entrepreneur wanted a
quick and economical source of funding to open the new office.
Financial Solution
Biz2Credit reviewed the business needs as well as the personal financial
statement of the entrepreneur. Based on the estimated value of the
company and two multifamily property units owned by the entrepreneur,
Biz2Credit recommended taking an unsecured a line of credit. This
reduced the required paperwork and accelerated the funding process. The
line of credit would be issued against the goodwill of entrepreneur, his two
multifamily units, his personal standing and the strength of the business .

6. Master Franchisee Expands Business in New York with Unsecured Line of
Credit
.
A Master Franchisee of Metro PCS in operation for six years in
Michigan wants to set up a franchisee network in the New York
area. The Master Franchisee grosses around $2.0 million annually.
The Need
The Master Franchisee wanted to expand from Michigan to New
York, and needed a bank to provide a line of credit against the
accounts receivables. Further, this line of credit was to be based on
the strength of business in MI. Also, it should increase as the A/R
grew with the setting up of sub-franchisees.
Financing Solution
Biz2credit reviewed the financial statements of the Master
Franchisee. It then used the business and personal tax returns to
present the case as a full document deal. This reduced the
processing time and paperwork. Biz2credit also got a detailed
account receivable aging statement from the accountant in the
required format and submitted the business plan for NY area.

7. Results & Benefits
Results
An unsecured credit line starting at 275K at prime plus 2.
Increase in credit line as the business expands in NY area.
Benefits
Business expands in new geographical region.
Sub franchisee number goes up.
Consolidation of the MI and NY business happens through ACH
facility

8. Door Manufacturer Grows Business During Recession with a Line of
Credit
The Need
The owner wanted to take advantage of the downturn's
impact on competitors' sales and leverage the company's
stable market position to expand and gain market share.
To increase sales, the entrepreneur was looking to finance
new marketing campaigns, while also maintaining excess
inventory to service the new business
Financing Solution
After reviewing the business and personal financials of the
entrepreneur, Biz2Credit recommended taking a line of
credit against the strength of the business and personal credit
of the owner. This way, the business owner could deploy
capital as demand rose and only incur interest costs on used
portions of the loan.
Biz2Credit surveyed various lending options and zoned in
on three lending institutions. The owner received the credit
line at prime rate.

9. Thank you
For more stories Visit
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