Itria Ventures is a subsidiary-alias for a lender called Biz2Credit. They provide small business loans, specializing in quick funding for small businesses, its main loan products are merchant cash advance and term loans.
Merchant Cash Advances is a type of financing that a lender will give you business loans in exchange for a percentage of future sales.
Whether you have an existing loan with itria ventures or not, Crystal Business Funding can provide you with quick & easy working capital solutions.
Why Crystal Business Funding?
Here are a couple reasons we might be the right lender for you:
Easy Application: You can easily apply online, similar to itria ventures, all we require is a one page application and the last 3 months bank statements.
Quick Approvals: You can have a loan approval in as quickly as a couple hours from when you apply.
High Dollar Amount: While Itria Ventures can provide businesses with funding, many times businesses require more.
Itria Ventures Controversy
In March 2024, Itria Ventures agreed to pay $33 million in damages to settle Federal Trade Commission charges of deceptive advertising. The FTC accused itria of falsely claiming PPP loan applications would be processed in 10-14 business days, when in fact the average processing time was over a month.
If you're wondering if itria has a website, the answer is, no. But the reason for that is, as mentioned above the name itria ventures is a subsidiary of the actual corporation.
How to choose the right lender
When evaluating lenders, focus on the following:
Choose a lender with a good reputation, you can Google the lender or check out the lender's reviews.
Make sure that you clearly understand the loan terms, fees, and repayment conditions.
Unlike many lenders, at Crystal Business Funding no matter what industry you're in, we will provide you with working capital.
Whether you need a different financing solution than what is available from Itria Ventures or have utilized all of your credit with them and want more, we're here to help.