PTIN Directory Selects Bizfi for Access to Funding for Accountants, Small Biz Clients
Bizfi Technology Enables PTIN Members to Access Funding Faster
New York –July 19, 2016 – The National Directory of Registered Tax Return Preparers & Professionals (PTIN) (http://www.ptindirectory.com/) has selected premier fintech company Bizfi (www.bizfi.com) to provide its tax professionals, accountants, CPAs and their small business clients with access to funding through its aggregation marketplace via a custom referral process.
The partnership gives PTIN’s hundreds of thousands of members access to the full range of Bizfi’s funding products, including lines of credit, short-term financing, equipment and invoice financing, medical financing, franchise financing, medium-term loans and even long-term loans backed by a guarantee from the U.S. Small Business Administration. Members are able to leverage these solutions for their own businesses as well as refer their small business clients to Bizfi to speed the process of applying for and receiving capital.
Built using proprietary technology, Bizfi’s platform leverages APIs (application protocol interfaces) from a wide variety of sources to quickly offer loans and other capital products to small businesses. Bizfi’s technology is further strengthened by strategic relationships with more than 45 funding partners, including OnDeck (NASDAQ: ONDK), Funding Circle, IMCA Capital, Bluevine and Kabbage. Bizfi also participates as a lender on the platform. Regardless of what kind of financing is sought from any of the funding partners, the small business owner is guided through the entire process by Bizfi’s team of funding concierges.
“CPAs and accountants are often the first people small businesses owners turn to when they need financial guidance,” said Stephen Sheinbaum, Bizfi founder. “They need capital to grow their practices as well and want to be able to refer their clients to a reliable funding source when circumstances arise. Traditional lenders can’t always provide small business owners with the capital they need due to strict credit requirements. Bizfi can now help PTIN members and their clients meet those needs with access to our unique platform that encompasses access to financial offers, facilitation of documents, underwriting and completion of funding.”
“Since its inception, PTIN has been committed to providing its members with innovative tools and programs to support the growth of their professional practices,” said Michael Rosedale, President of PTIN. “Bizfi’s technology and expertise, and its more than 10 years of experience providing financing options to small businesses will equip PTIN members and their clients with the tools to quickly find the right funding to meet their needs.”
Bizfi, is the premier fintech company combining aggregation, funding and a participation marketplace on a single platform for small businesses. Founded in 2005, Bizfi and its family of companies have provided more than $1.7 billion in financing to more than 31,000 small businesses in a wide variety of industries across the United States.Bizfi’s connected marketplace instantly provides multiple funding options and real-time pre-approvals to businesses from a wide variety of funding partners. Bizfi’s funding options include short-term financing, franchise financing, lines of credit, equipment financing, invoice financing, medium-term loans and long-term loans guaranteed by the U.S. Small Business Administration. The Bizfi API provides a turnkey white label or co-branded solution that easily allows strategic partners to access the Bizfi engine and present their clients with financial offers from Bizfi lenders all while maintaining their customer’s user experience. A process that once took hours, now takes minutes.
About PTIN Directory
PTINdirectory.com is the first comprehensive national online directory of federally registered tax preparers. It is independently owned by the National Directory of Registered Tax Return Preparers & Tax Professionals, Ltd. and has no affiliation with the Internal Revenue Service or any government agency. The directory can be used by agencies, individuals and business owners to find a tax preparer that has been issued an IRS Preparer Tax Identification Number (PTIN). The mission of the National Directory of Registered Tax Return Preparers & Tax Professionals, Ltd. (PTIN.ORG) is to provide IRS-registered tax professionals, including CPAs and Enrolled Agents, with the resources and technology they need to succeed in a rapidly changing and regulated environment.
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