[fundingsmbs]

any info on this co? are they just like a lending tree model and connect with a ton of different financing sources for customers?how do they earn revenue if they are not funding the deal

[EatSleepFundRepeat]

Is Itria and b2c the same company? Not sure but if so then they are funding.

[abfunders]

Look up Itria Ventures online. First website you hit is biz2credit (and they put their brand on there, too).

And besides..... Sean knows his beans.
https://dailyfunder.com/showthread.p...Itria-Ventures

[fundingsmbs]

they are telling customers they have a 1.25/24 mo program.

[Karen37a]

This was on Debanked 2015. YOu have no way of knowing someone's internal procedures. I've said before I try to stay away from the too low offer and the consolidation offers...unfortunately money costs x and operations x payroll x...

The rate would depend on the original cost of the money...there is a libor rate ( this is sarcasm like the binary code thing..please no debates on exchange commodites rates and costs)

https://debanked.com/2015/10/legal-b...tria-ventures/

Kalamata alleged that, under its contract with Biz2Credit, Kalamata paid Biz2Credit commissions for referrals and for managing all of Kalamata’s accounts, including the referrals, on Biz2Credit’s online platform. Kalamata also alleged that the contract with Biz2Credit prohibited Biz2Credit from soliciting Kalamata’s merchants. The crux of the lawsuit is Kalamata’s claim that Biz2Credit secretly referred Kalamata’s merchants to Biz2Credit’s closely related company, Itria, and intentionally induced those merchants to stack additional cash advances in breach of the merchants’ contracts with Kalamata, despite an alleged agreement between with Kalamata and Biz2Credit that prohibited Biz2Credit from doing so. Biz2Credit and Itria disputed Kalamata’s claims and argued that they were permitted to solicit any account that Biz2Credit referred to Kalamata or serviced for Kalamata.

Ultimately, the court found that if Biz2Credit was, solely for malicious purposes, sharing Kalamata’s confidential customer information with Itria, Kalamata’s competitor, and, if Itria and Biz2Credit were knowingly inducing Kalamata’s customers to breach their merchant agreements with Kalamata, then such conduct would rise to the level of tortious interference.

__

Check to see what the outcome was ***

[fundingsmbs]

Biz2credit is an online credit resource offering finance to small businesses. The company is a direct lender to small businesses that have been in business for at least six months. The company is known for its products BizAnalyser and Small Business Lending Index. Wikipedia

Founder: Ramit Arora
Founded: 2007
Headquarters: New York City, NY, Noida, India
Areas served: United States of America, United Kingdom, India, Australia


well there you go, if they were referring to kalamata they were brokering not funding so my assumptions are they do both

[Davincinc]

they are telling customers they have a 1.25/24 mo program.

they due and also can and sometime will take you deal if its been inhouse within 12 months

[Christian]

they due and also can and sometime will take you deal if its been inhouse within 12 months

Cheers