SmartBiz is now the exclusive platform for SBA-guaranteed loans for Sam’s Club Business Lending Center, a convenient digital platform for small businesses that eases access to the capital they need with member-exclusive savings of up to 20% on loan fees.
As a Business Lending Center participant, SmartBiz will provide qualifying Sam’s Club business members with SBA loans with low monthly payments, single digit interest rates, and a simple, streamlined application process. In addition, SmartBiz developed and runs the technology platform that drives the Sam’s Club Business Lending Center, now available at SamsClub.com/businesslending.
Sam’s Club created the Business Lending Center in response to business member feedback that access to capital was a critical need. Sam’s Club has always placed a high priority on supporting its members and continuing to innovate on the services it provides. The Business Lending Center is a convenient platform that reduces the time and hassle of finding the right financing solution by featuring three market leaders that offer business loans, SBA loans, and business credit cards — Lending Club, Sam’s Club Business MasterCard, and SmartBiz. All of these financing solutions offer exclusive discounts for Sam’s Club members including reduced fees or cash back rewards through the Business Lending Center.
SmartBiz has changed SBA lending by dramatically simplifying the SBA loan application and funding process. Businesses can prequalify for a SmartBiz SBA loan in about five minutes and complete the intuitive application online within 30 minutes. The normal SBA process can take months to complete; however, with SmartBiz, businesses can receive funds in as fast as seven days after completing the application. SmartBiz offers loans from $5,000 to $350,000 with low 6 to 8 percent interest rates and long repayment terms- a combination that delivers extremely low monthly payments and enables businesses to keep more of their revenue and fund solid, sustainable business growth.
With the Business Lending Center, Sam’s Club business members will gain access to exclusive offers, including a 20 percent savings on loan fees; the chance to earn up to $5,000 in cash back rewards with the Sam’s Club Business MasterCard; and loans from $5,000 to $350,000 with an easy application process and fast funding.
SmartBiz (www.smartbizloans.com) is the #1 online provider of SBA loans $350,000 and under, and leverages advanced technology to dramatically speed up the SBA loan process. Businesses can apply and get funds quickly through SmartBiz lending partners. SmartBiz makes SBA loans easy. The company is based in San Francisco and is a division of Better Finance, Inc.
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