iBank.com Reports that Applications Doubled in 2006

January 17, 2007; 02:49 AM

iBank.com reports that applications have doubled when compared to 2006. With only a few days into the new year, registrations have increased 100% and seem to be increasing daily.

“This is not shocking,” stated CEO and Chairman of Credentrust Software that powers iBank.com, Tom Markel. “Small business owners are looking to start the year off right and iBank.com can assist them achieve their goals. Whether it’s acquiring equipment through leasing, insurance for the business, loans or capital through Venture Capitalist or Angel investors; iBank.com is here to help.”

Service oriented businesses such as iBank.com experience an increase in business at the beginning of a new year. Small business owners that make New Year’s resolutions to start a business or expand a pre-existing business, turn to iBank.com for help and direction. As a small business resource, iBank.com helps the borrower reach lenders, brokers, insurance agents and investors across the nation with just one click. Borrowers fill out just one online digital application, which is then stored in their personal secured Vault and then hundreds of qualified lenders, agents or investors can access the information and close the deal. Spending a few minutes filling out a single application when compared to the traditional process of running to many banks or brokers, saves the borrower time, money, hassles and heartache. iBank.com eliminates multiple applications and fees, which lets the entrepreneur spend his time working on matters that are more important to his future.

“New technology leads small business owners towards a brighter future,” states Manager of Technical Services, Tim Lee. “Thursday was our biggest registration day since we started iBank.com, which proves that small business owners are looking for easy and secure ways to handle their financial and investment matters. Our software works and small business owners are realizing how easy it is to get funding.”

About iBank.com
Based in Costa Mesa, Calif., iBank.com, is America’s largest online small business Finance network. The network helps small businesses collect and store all business information inside a secure online VAULT; it helps create a digital loan package, and insurance and investor application packages. Formed in 1999, iBank.com utilizes advanced search engine technology, and numerous other online tools for communication and connecting in real time with a nationwide network of loans, insurance and capital sources for a faster, easier, and lower cost experience.