One of the most significant hurdles to starting a small business is establishing necessary credit. Lacking an existing business credit report, small businesses are typically shut out of lending possibilities through financial institutions.
Enter Tillful. The small business credit platform—which already enjoys backing by Bitrock Capital, ING, and Katalyst Ventures, among others—is set up to help small businesses navigate the complicated field of contemporary credit options. And thanks to its new partnership with Experian, the company is now geared to help users quickly and easily investigate their credit and build new business credit profiles.
Ken So, Tillful’s Founder and Chief Executive Officer, was optimistic about what this new alliance would mean for his company’s customers. “We're excited to work with Experian to empower small business owners to have greater control and access to their business credit. We're proud to continue to bring innovations to the table that increase financial inclusion to new borrowers.”
The Experian partnership comes at the end of a banner year for the credit firm. Having launched a secured business credit card in June, Tillful is in the spotlight as a Featured Startup at the 2022 Collision Conference.