Biz2Credit, a leading online resource for small business finance, has allied with Tally Solutions and its systems are processes are now compatible with Tally Solutions products. The alliance will facilitate easy access to finance to thousands of small and mid-sized companies. Biz2Credit has provided more than $2 billion in financing to thousands of small and mid-sized companies. Ramit Arora, president of the company, said through the Biz2Credit-Tally Add On, lenders can access financials, GST returns, P&L statements for small businesses that use Tally. Lenders using the Biz2Credit platform in India can check during customer acquisition if the small business owner is a Tally user. If yes, the Biz2Credit platform will generate a unique ID that the customer will use to invoke the ‘Add on’. With this add on feature, users will be able to share relevant financial data instantly with Biz2Credit lenders. This data can be further used for establishing veracity of financial statements and underwriting.
