Biz2Credit and Citigroup Partner for Small Business Online Lending

Citigroup has a new small business loan offering offered through a branded partnership with Biz2Credit; the partnership follows new small business offerings from JPMorgan and Wells Fargo; Rohit Arora from Biz2Credit said the partnership has not been widely publicized because it is in very early stages; small business lenders use a website interface managed by Biz2Credit that submits their information to a Citigroup banker for follow up; Arora also said the new small business loan offering is part of the bank’s Community Reinvestment Act obligations.  Source

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