The goal is to help bring awareness to entrepreneurs and small business owners about the alternatives to traditional lenders.
New York, NY (PRWEB) July 24, 2014
Biz2Credit.com, the leading online resource for entrepreneurs in search of funding, today announced that CEO Rohit Arora, one of the top experts in small business finance, will speak on peer-to-peer lending (P2P) and crowdfunding at several upcoming conferences.
Peer-to-peer lending (P2P) and crowdfunding are two increasingly popularity methods of acquiring a business loan that has revolutionized the landscape of small business finance in recent years. Crowdfunding is an evolving method for entrepreneurs to raise capital through the Internet for a wide variety of purposes.
P2P lending has become a popular alternative to traditional loans, as big banks are only approving one in five loan requests, according to the latest Biz2Credit Small Business Lending Index. In P2P lending, borrowers typically receive capital from unrelated individuals. However, institutional investors are increasingly entering the P2P lending space. In fact, Biz2Credit estimates that institutional investors will fund $300 million in small business loans by end of 2014 via its online platform.
Rohit Arora will highlight the advantages and disadvantages of bank loans and the alternatives to traditional lending, including:
- Alternative lending assessments and evaluations
- Strategies for crowdfunding
- The risks/rewards involved with alternative lenders
- The future of crowdfunding and P2P lending
He will be speaking at the following conferences:
The AltLend: Innovative Finance for Small Business
Financial Research Associates
September 23-24, 2014
Las Vegas, Nevada
http://10times.com/altlend
American Banker’s P2P Lending and Investing Conference
October 6, 2014
Sheraton, New York
http://www.americanbanker.com/conferences/p2p-lending/
Crowdfinance 2014
October 16, 2014
New York, NY
http://www.crowdfinance2014.co/
AltFi Global Summit
November 4, 2014
New York, NY
http://www.altfi.com/events/altfi_global_summit_2014
American Banker’s Alternative Lenders: Friends or Foes? Conference
November 19-21, 2014
Miami, Florida
http://www.americanbanker.com/conferences/sbb/
“Small businesses, especially startups often face tight lending standards and have a difficult time securing capital,” said Arora, who co-founded Biz2Credit, which has arranged more than $1.2 billion in funding for small business throughout the U.S. “The goal is to help bring awareness to entrepreneurs and small business owners about the alternatives to traditional lenders.”
Rohit Arora oversees the Biz2Credit Small Business Lending Index, a widely reported monthly snapshot of small business loan approvals. Its findings are reviewed by Federal Reserve and SBA officials, as well as the President’s Council of Economic Advisors.
About Biz2Credit
Founded in 2007, Biz2Credit has arranged more than $1.2 billion in small business funding throughout the U.S. and is widely recognized as the #1 online credit resource for startup loans, lines of credit, equipment loans, working capital and other funding options. Using the latest technology, Biz2Credit matches borrowers to financial institutions based on each company's unique profile -- completed in less than four minutes -- in a safe, efficient, price-transparent environment. Biz2Credit’s network consists of 1.6 million users, 1,300+ lenders, credit rating agencies such as D&B and Equifax, and small business service providers including CPAs and lawyers. Visit http://www.biz2credit.com, follow on Twitter @Biz2Credit, and Facebook at http://www.facebook.com/biz2credit.