The latest happenings at the Chamber and the broader business community.

The Manhattan Chamber and Fundera Launch Partnership to Help Small Businesses Discover their Credit Options

Wednesday, October 26, 2016

(New York, NY) — Fundera, an online marketplace that connects small business owners with the capital they need to grow, and the Manhattan Chamber of Commerce, an organization that works to accelerate and sustain success for its business members, have formalized a partnership to help Manhattan small businesses grow by providing information about the various financing options available to them. Starting next month, Fundera will provide Chamber members with a suite of services to help them discover and assess the credit options available to them online. Members will be able to access free credit score monitoring, repayment calculators, and financing toolkits on the Chamber’s website, as well as a wealth of written content that goes in depth about small business finance, all of which will be powered by Fundera.

“Access to capital is one of the most pressing issues facing small businesses in Manhattan, but it can be hard for businesses to understand credit options and ascertain which one is best for them,” said Jessica Walker, president and CEO of the Manhattan Chamber of Commerce. “We are excited to partner with Fundera to provide our members with the tools they need to understand their credit options, and ultimately find the right solution to grow their businesses.” Once Chamber members have discovered their credit options through an online match page, Fundera’s software and customer success team will help evaluate the loan options they qualify for. Fundera’s technology connects business owners with a network of leading online and traditional lenders across the country, offering small businesses a full suite of products, including Small Business Administration loans, medium- and short-term online loans, startup loans, as well as credit and charge cards.

In addition to the Manhattan Chamber of Commerce, Fundera has also partnered with the Arizona Tucson Hispanic Chamber of Commerce, as well as the Arizona Chamber of Commerce and Industry. The company is aiming to work with several other city governments and chambers of commerce by the end of 2016.

“We are really excited to work with local small businesses to fund their growth,” said Jared Hecht, CEO of Fundera. “New York’s character is defined by the diversity of these small businesses, and we’re grateful for the opportunity to help them succeed.”