Buffalo Business Loans is a non-bank business finance company that was established in 2018 by Timothy Kelly in cooperation with Biz2Credit, a leading New York City-based financial technology company specializing in business finance.
The company was conceived to fill the financing needs of small-to-mid-sized businesses in the Buffalo, New York area that have not been well-served by traditional commercial banks.
After the financial crisis in 2008, many banks simply stopped making business loans to small and mid-sized companies. Today, access to capital is difficult for small businesses as banks still focus the majority of their attention on larger corporations with large loan amounts.
Utilizing technology to underwrite business loans has dramatically altered the small business lending landscape since 2008. Small business loans can now be processed with less paperwork, in a shorter period of time and qualifying for a business loans has fewer restrictions than most traditional banks.
Biz2Credit was founded in 2007 and is backed by Nexus Venture Partners. Since its inception, Biz2Credit has become the leading online marketplace for small business funding, having arranged more than $2 billion in small business funding for thousands of companies throughout the U.S.
Our proprietary platform matches borrowers to sources of capital based on each company’s unique profile — completed in only a few minutes — in a safe, efficient, price-transparent environment. Our 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. Biz2Credit’s widely reported Small Business Lending IndexTM is followed closely by the SBA, and the other lenders, government agencies and the President’s Council of Economic Advisers.
The Buffalo Business Loan process relies upon leading financial technology developed over the past decade. The business loan process used by the company has been adopted by many banks and financial institutions to streamline the business loan process.
Dedicated Account Team
Every client, regardless of company size is treated equally. Your company will have an assigned and dedicated account manager that will work with you every step of the way.
The team behind Buffalo Business Loans has decades of experience in small business operations, financial services and financial technology. The benefit to the small business owner is working with people with experience in running a small business to help you achieve your business financing goals.
Located in Buffalo
While we rely uplon a global company as our technology and underwriting partner, our management team are comprised of long-time Buffalo-area residents who understand the nuances of the community and have a strong interest in local Buffalo-aea business growth.
Our mission is simple. We intend to simplify business lending in a simple-to-understand, transparent manner to every level of business owner. Utilizing technology to reduce paperwork, bureaucracy and uncertainty, we aim to simplify the business lending process and open access to business borrowing like never before.
We will work hard to provide information and resources that go beyond getting a business loan. Our web site will contain information and resources about running a small business and thriving in a competitive environment.
``Commercial real estate transactions comes with their own complexity,`` ... ``But Buffalo Business Loans made the application process much simpler. the loan team provided guidance every step of the way, and Buffalo Business Loans got us the funding that we needed, quickly and efficiently.``
``James called Buffalo Business Loans to help him get ready for this summer's rush. He worked with his case manager to identify all the inventory he wanted to purchase, and got a deal done to fund the full amount within 48 hours.``
We promise to treat all of our clients with the same level of priority regardless of the type and size of business. You can expect our case managers to be professional, knowledgeable, courteous and efficient.
If we cannot answer your questions immediately, we will tell you up-front and we will work to find the answers in a timely and thorough manner. We promise to work to find you the best solutions suited for your business financing needs and explain all aspects about the process.