This partnership provides the small business clients of WIB's member banks and bank service providers access to Bizfi’s alternative financing platform. The agreement benefits small businesses encompassing the Western states of Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada New Mexico, Oregon, Utah, Washington, Wyoming and the U.S. Territories. Bizfi's connected marketplace instantly provides a diverse selection of financial products and real-time pre-approvals with options ranging from short-term to medium term financing, medical financing, lines of credit, equipment financing and invoice financing. Bizfi’s platform includes 15 fully integrated partners including OnDeck, (ONDK), Funding Circle, Kabbage, IMCA Capital, Bluevine, Dealstruck and Bankers Healthcare Group as well as more than 30 non-integrated partners.

As a Premier Solution Provider, Bizfi will bring their expertise in providing high-quality, value-added products and services that can expand WIB member banks’ support of small businesses. Bizfi’s platform offers a unique one-stop-shop experience for clients and financing partners that combines aggregation, a funding marketplace, and financing products. WIB will introduce its partnership with Bizfi to its members at their annual conference, to be held on April 2-6, 2016 on The Big Island, Hawaii, as well as through its branded education series, WiBINARS.

“WIB member banks are the leading funders of America’s small businesses,” said Michael Delucchi, President and Chief Executive Officer of WIB and WIB Service Corporation. “With Bizfi as a WIB Premier Solutions Provider we are able to offer their expertise in alternative financing and superior technology to our member banks and deliver a complete solution for small business funding.”

“Small businesses have many different funding needs, from lines of credit and equipment finance to long-term loans. As a premier solution provider, Bizfi’s unique multi-partner platform can help WIB members meet those needs faster and more efficiently than ever before while maintaining relationship continuity with its current small business clients. Bizfi is honored to join WIB in serving America’s entrepreneurs,” said Stephen Sheinbaum, founder of Bizfi.