SmartBiz Named Best Small Business Lending Platform | News


SAN FRANCISCO–(BUSINESS WIRE)–February 22, 2022–

SmartBiz Loans, the leading AI-powered financing platform for small businesses, has been named the best small business lending platform by LendIt Fintech. SmartBiz earned the accolade for its role in helping lenders keep “the economy going through loan performance, volume, growth, product diversity and innovation.” The annual awards category has taken on outsized importance during the COVID-19 pandemic as countless small business owners have relied on SME loans for assistance during quarantines, supply chain issues supply and staffing shortages.

The 2021 winners were announced at the Year-End Awards Ceremony and Dinner on February 8, 2022 in South Beach, Miami. Emily Bogan, Vice President, Product, attended the dinner and accepted the award on behalf of the team.

“We are extremely proud to be recognized for the impact we have had in helping entrepreneurs maintain and grow their businesses during this difficult time,” Bogan said. “We’re working hard to eliminate friction through automation to provide more small business owners with reliable access to smart capital.”

“This is a testament to the hard work of our team and exemplifies SmartBiz’s vision to transform small business banking,” said Evan Singer, CEO of SmartBiz. “By bringing technology, data and people together, we’re creating a smarter, more intuitive lending platform.”

“SmartBiz helps rebuild small businesses, crushing them with SBA loans and quick approvals,” reported the judges, who selected the category’s six nominees from hundreds of entries. Plaid, LendingClub, LendInvest, Wisetack, Nubank and BM Technologies’ Luvleen Sidhu were among the winners in other categories.

ABOUT SMARTBIZ LOANS

SmartBiz is the leading AI-powered small business finance platform, giving entrepreneurs access to the right capital at the right time. To date, SmartBiz has connected borrowers to over $9 billion in PPP, SBA 7(a) and term bank loans while increasing the efficiency of its network of trusted banks and lending partners. More than 230,000 entrepreneurs have used SmartBiz to access the financing they need to grow, with 60% of loans going to minority, women or veteran-owned businesses.

Founded in 2009 and based in San Francisco, SmartBiz is backed by Venrock, Investor Growth Capital, First Round Capital, Baseline Ventures and Uncork Capital. Learn more about SmartBiz at: smartbizloans.com.

ABOUT LENDIT FINTECH

Founded in 2013, LendIt Fintech is the largest media and events company dedicated to innovation in digital lending and banking. They organize three major conferences a year, in New York, London and Miami, and maintain a digital community. Learn more: lendit.com

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220222005048/en/

CONTACT: Tamara Bohlig

Marketing Director

m: 4156996781

[email protected]

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: DATA MANAGEMENT TECHNOLOGY BANKING PROFESSIONAL SERVICES SMALL BUSINESS ENTERTAINMENT SOFTWARE OTHER PROFESSIONAL SERVICES NETWORKING OTHER ENTERTAINMENT FINANCE

SOURCE: SmartBiz Loans

Copyright BusinessWire 2022.

PUBLISHED: 02/22/2022 06:00 AM/DISC: 02/22/2022 06:02 AM

http://www.businesswire.com/news/home/20220222005048/en

Copyright BusinessWire 2022.

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