EZBOB is pleased to announce that HSBC, Santander and Halifax customers can qualify for instant business loans
London, UK (PRWEB UK) 22 July 2013 -- For the first time, loan applicants can pool their bank account data and receive instant funding based on their transactional history.
Until today, EZBOB customers could apply online and link up ‘data points’ which are accounts held in places such as eBay, Amazon, PayPal, ekmpowershop, shopify, Volusion, Play.com and others in order to receive an immediate funding decision. Now for the first time, businesses with bank accounts at HSBC, Santander, and Halifax can apply online on EZBOB’s web site and receive instant business financing based on their transactional history at their banks.
Tomer Guriel, CEO of EZBOB, comments: “We encourage applicants to add as many data sources as they can to allow our systems to obtain a fuller picture of their business and thereby offer them more funding. We believe this process gives a more accurate automated analysis of business performance.”
EZBOB ensures 100% security - its systems use ‘Read Only’ tools which means they cannot access passwords, or make changes nor move money into and out of accounts.
EZBOB is asserting its place in the UK small business funding arena by being the first lender to use information gathered over the Internet in making a funding decision.
ENDS
For more information or case studies, please contact Lansons Communications:
Sarah Waterson on 020 7294 3649 or email ezbob(at)lansons(dot)com
Notes to editors:
About EZBOB:
EZBOB currently offers instant financing for E-retailers in the UK. EZBOB’s proprietary system is dedicated to financing Small Business, at the click of a button. SAN.MC EZBOB is leading the online financing market by introducing new financial products and offering funding based on information collected from new platforms and softwares (data connectors). HSBA.L The more information the system is able to gather on an applicant’s business the more credit typically extended. EZBOB’s qualifying customers make up a considerable part of the UK e-commerce market which had total sales of £78 bn in 2011. If qualified, funds are automatically transferred to the client’s account in thirty minutes or less.
Sarah Waterson, Lansons Communications, http://lansons.com, +44 2033711842, [email protected]
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