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Biz2Credit Partners with Univision to Expand Access to Capital for Hispanic-Owned Businesses
  • USA - English


News provided by

Over The Moon PR

Jun 11, 2015, 09:05 ET

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New York, NY (PRWEB) June 11, 2015 -- Biz2Credit Inc., the leading online resource for small business finance, has partnered with Univision Enterprises, the products and services division of Univision Communications Inc. (UCI), the leading media company serving Hispanic America, to provide Latino business owners with a broad set of small business solutions.

This partnership presents a tremendous opportunity for Univision and Biz2Credit to enhance the borrowing experience for our community.

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Latinos are starting businesses at more than twice the start-up rate for all U.S. firms, marking an impressive 43 percent growth since 2007. Despite this growth, it can still be particularly difficult for these businesses to secure capital. To address these challenges, Biz2Credit and Univision have launched a dedicated, bilingual small business platform (http://www.empresitio.com) to empower Latino business owners. Through the platform, Latino business owners will have access to a broad set of lending products as well as a wealth of educational resources including, periodic research reports on the state of Latino businesses and Biz2Credit’s Small Business Lending Index.

“We are thrilled to partner with Univision and offer their audience financing to expand their businesses,” said Rohit Arora, CEO of Biz2Credit. “Through our automated online loan application platform -- available in both Spanish and English -- Biz2Credit streamlines the financing process so that business owners can spend more time running their companies and less time trying to figure out financing."

“This is a very important partnership for us. The community we serve is very entrepreneurial and poised for growth," said Rick Alessandri, EVP of Enterprise Development, Univision Communications Inc. "This partnership presents a tremendous opportunity for Univision and Biz2Credit to enhance the borrowing experience for our community. Traditionally, the financing landscape has been difficult to navigate but through this new platform our customers will not only find lending options but also learn how to grow their businesses.”

This partnership is an extension of the work Univision has been doing to provide Hispanic entrepreneurs with access to the information and tools to succeed. In March, as part of the Company’s Univision Contigo efforts, Univision celebrated Latino entrepreneurship with a month-long effort which included nationwide events, awareness events, boot camps, and enhanced tools.

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 leading online resource for small business lending. Using the latest technology, Biz2Credit matches borrowers to financial institutions based on each company's unique profile – in a safe, efficient and price-transparent environment. Biz2Credit’s network consists of 1.6 million users, 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.

About Univision Communications Inc.
Univision Communications Inc. (UCI) is the leading media company serving Hispanic America. The Company, a leading content creator in the U.S., includes Univision Network, one of the top five networks in the U.S. regardless of language and the most-watched Spanish-language broadcast television network in the country available in approximately 93% of U.S. Hispanic television households; UniMás, a leading Spanish-language broadcast television network available in approximately 87% of U.S. Hispanic television households; Univision Cable Networks, including Galavisión, the most-watched U.S. Spanish-language cable network, as well as UDN (Univision Deportes Network), the most-watched U.S. Spanish-language sports network, Univision tlnovelas, a 24-hour cable network dedicated to telenovelas, ForoTV, a 24-hour Spanish-language cable network dedicated to international news, and an additional suite of cable offerings - De Película, De Película Clásico, Bandamax, Ritmoson and Telehit; Univision Television Group, which owns 61 television stations in major U.S. Hispanic markets and Puerto Rico; digital properties consisting of online and mobile websites and apps, including Univision.com, the most visited Spanish-language website among U.S. Hispanics, UVideos, a bilingual digital video network and Uforia, a music application featuring multimedia music content; and Univision Radio, the leading Spanish-language radio group in the U.S. which owns and operates 67 radio stations including stations in 16 of the top 25 U.S. Hispanic markets and Puerto Rico. UCI’s assets also include a minority stake in El Rey Network, a 24-hour English-language general entertainment cable network and a joint venture with Disney/ABC Television Network for Fusion, a 24-hour English-language news and lifestyle TV and digital network. Headquartered in New York City, UCI has television network operations in Miami and television and radio stations and sales offices in major cities throughout the United States. For more information, please visit http://www.Univision.net.

John Mooney, Over The Moon PR, +1 908-720-6057, [email protected]

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