- Better.com partners with Biz2Credit to offer up to $500,000 in home equity financing options to small businesses.
- Biz2Credit customers will gain access to Better.com’s digital home equity products, including HELOCs and HELOANs.
- The partnership aims to provide small business owners with more financial flexibility and ease of accessing capital.
Better Home & Finance Holding Company (NASDAQ: BETR), a leader in AI-driven digital homeownership solutions, has announced a strategic partnership with Biz2Credit, a top financing platform for small businesses. The collaboration aims to enhance financing options for Biz2Credit's customers by providing them with Home Equity Line of Credit (HELOC) and Home Equity Loan (HELOAN) products through Better.com.
Biz2Credit, which has supported over 250,000 small businesses with more than $10 billion in financing since its founding in 2007, will now enable its clients to access additional liquidity ranging from $50,000 to $500,000. Customers will benefit from Better.com’s fully digital and automated second lien mortgage origination experience, leveraging Better’s AI platform, Tinman™.
“By joining forces with Biz2Credit, we are excited to empower thousands of small business owners with more financial flexibility to thrive,” said Vishal Garg, CEO & Founder of Better.com. As part of the partnership benefits, Biz2Credit customers will receive a $250 price concession when they fund a HELOC or HELOAN through the dedicated partnership channel.
The collaboration underscores both companies' commitment to facilitating easy access to capital for small businesses, which play a crucial role in the U.S. economy. Rohit Arora, CEO and Co-Founder of Biz2Credit, stated, “Our partnership with Better.com gives entrepreneurs a unique opportunity to obtain additional financing, secured with their real estate assets.”
For more information on the partnership and financing options, Biz2Credit customers can visit the co-branded landing page on Better.com’s website.
