JetPay Partners with Biz2Credit to Expand Customer Access to Business Loans
03 Mai 2018 - 3:00PM
JetPay Corporation ("JetPay" or the "Company") (NASDAQ:JTPY), a
leading provider of debit and credit card processing services,
payroll, tax, and human capital management services, today
announced a partnership with, Biz2Credit, the leading online
resource for small business finance. Through this arrangement,
JetPay customers will gain access to capital through Biz2Credit's
small business lending marketplace which has arranged more than $2
billion in financing to thousands of small and mid-size companies
over the last decade.
“JetPay specializes in building and enhancing unique and
strategic partnerships that provide solutions that businesses need
to manage and grow,” said Diane (Vogt) Faro, CEO of JetPay.
“Through this partnership with Biz2Credit, our small and mid-size
business customers gain access to capital through an online lending
platform. It’s a win-win for small business owners.”
“Our partnership with JetPay will help their customers secure
financing quickly, easily, and safely,” said Rohit Arora, CEO of
Biz2Credit. “Our online small business loan application platform
streamlines the financing process so that small business owners can
focus on running their companies."
Financing on Biz2Credit’s platform ranges from $5,000 to $5
million and can be coordinated in as little as 24 hours for working
capital, commercial real estate and equipment purchases, and other
capital needs.
About JetPay Corporation
JetPay Corporation, based in Allentown, PA, is a leading
provider of vertically integrated solutions for businesses
including card acceptance, processing, payroll, payroll tax filing,
human capital management services, and other financial
transactions. JetPay provides a single-vendor solution for
businesses throughout the United States. The Company's vertically
aligned services provide customers with convenience and increased
revenues by lowering payments-related costs and by designing
innovative, customized solutions for internet, mobile, and
cloud-based payments. Please visit www.jetpay.com for
more information on what JetPay has to offer or call 866-4JetPay
(866-453-8729).
About Biz2Credit
Founded in 2007, Biz2Credit has arranged more than $2 billion in
small business financing and has several times been named to
Crain’s New York’s Fast 50 and was ranked among the top 200
fast-growing companies on Deloitte's 2017 Technology Fast 500.
Biz2Credit is expanding its industry-leading technology in custom
digital platform solutions for leading banks and other financial
institutions, investors and service providers in the U.S. Visit
www.biz2credit.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995. JetPay’s actual
results may differ from its expectations, estimates and projections
and consequently, you should not rely on these forward-looking
statements as predictions of future events. Words such as “expect,”
“estimate,” “project,” “budget,” “forecast,” “anticipate,”
“intend,” “plan,” “may,” “will,” “could,” “should,” “believes,”
“predicts,” “potential,” “continue,” and similar expressions are
intended to identify such forward-looking statements. These
forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. Many of these factors are
outside JetPay’s control and are difficult to predict. Factors that
may cause such differences include, but are not limited to, those
described under the heading “Risk Factors” in the Company’s Annual
Report for the fiscal year ended December 31, filed with the
Securities and Exchange Commission (“SEC”) on Form 10-K for the
fiscal year ended December 31, 2017, the Company’s Quarterly
Reports on Forms 10-Q and the Company’s Current Reports on Form
8-K.
JetPay cautions that the foregoing list of factors is not
exclusive. Additional information concerning these and other risk
factors is contained in JetPay’s most recent filings with the SEC.
All subsequent written and oral forward-looking statements
concerning JetPay or other matters and attributable to JetPay or
any person acting on its behalf, are expressly qualified in their
entirety by the cautionary statements above. JetPay cautions
readers not to place undue reliance upon any forward-looking
statements, which speak only as of the date made. JetPay does not
undertake or accept any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
to reflect any change in its expectations or any change in events,
conditions or circumstances on which any such statement is
based.
Contacts
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JetPay Corporation |
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JetPay Corporation |
Peter B. Davidson |
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Gregory M.
Krzemien |
Vice Chairman and
Corporate Secretary |
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Chief Financial
Officer |
(610) 797-9500 |
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(610) 797-9500 |
Peter.Davidson@jetpaycorp.com |
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gkrzemien@jetpaycorp.com |
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