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Intuit Investing in $100M Fund to Tackle Small Business Credit Crunch

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MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU) is investing in a new $100 million fund that will let small businesses use their QuickBooks Online data to access low-rate loan offers. The fund will include investment from Intuit and third parties. The fund will be available on the QuickBooks Financing platform, a marketplace of small business finance products. It will deliver: Lower rates – Provides small businesses with lower rates than are usually available for short-terms

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