Noida, India, May 07, 2009 --(PR.com
)-- Sage (India) has joined the Biz2credit platform in India (www.biz2credit.in) a business portal that connects small business owners to lenders, financial advice and other small business owners. The Web site provides an environment for India’s small and medium enterprise population to launch or grow their business.
“We’re demystifying credit for small business owners worldwide. We’re using technology to provide transparency in a market that is traditionally misunderstood and inaccessible for entrepreneurs. We couldn’t have found a better partner than Sage Software to offer our credit services to the SMEs in India.” said Rohit Arora, Co-founder, Biz2Credit.
Statistics reveal that Indian SMEs constitute over 80 percent of the total number of Indian industrial enterprises and are responsible for over 40 percent of the value addition in the manufacturing sector. Still Indian SMEs are facing acute financial resource crunch that leads to market opacity, service provider dependency and reduced competitiveness and sustainability. A recent study done by NSSO cited lack of access to credit as no. 1 issue for the SMEs in the country.
Business owners can sign up and apply for credit for free for Sage products on www.biz2credit.in. Additionally, business owners can manage their financing options and communicate with lenders on the platform, which include public, private and micro and rural financial institutions.
“Business owners lack time and manpower to survey the market for the best financial products or service providers,” said Arora. “Most entrepreneurs do not have the resources to hire a full-time financial controller or business consultant. www.biz2credit.in will empower them to access loan products nationwide by a click of a button.”
“Whether you’re a business owner or your clients are business owners, credit is a key growth factor,” said Katie Kapler, Director of Online Strategy for Biz2Credit. “The platform not only provides entrepreneurs with direct capital access, but it also gives service providers of all sizes the ability to extend credit to their small business customer-base.”
About Biz2Credit LLC
Founded in 2007, Biz2credit connects small business owners with service providers and lenders, empowering them to effectively compete with big business, innovate their services and products and grow their enterprise. Biz2Credit’s does this by matching entrepreneurs with credit solutions based on the strength of their business, venture financing priorities and the creditworthiness of the individual. Built for transactions, Biz2Credit gives small business owners 1GB free storage space to manage and share documents, access to a global small business exchange to market their services and free advice on how to start or grow their enterprise.