A ‘Match.com’ for entrepreneurs and lenders The company: BoeFly

Jessica SarterBoeFly In The News

crains

What it does: It’s an online marketplace matching small business borrowers with lenders around the country. How it’s doing: Founded in 2010 by two finance industry veterans, the Manhattan-based site is generating nearly $150,000 in revenue a month. It has raised $4 million from private investors. The founders expect it to become profitable in 2012. After he’d done business with the … Read More

More Ways Franchisers Are Helping Franchisees Get Loans

Jessica SarterBoeFly In The News

wsj

Another way franchisers are helping out that didn’t make the story is by signing up with BoeFly.com. The Web service matches lenders and borrowers nationwide, making it a somewhat unique resource. BoeFly has roughly 75 franchiser clients including big chains like Burger King Holdings Inc. and Dunkin Brands Group Inc. It charges franchisers with more than 500 franchisees up to … Read More

Lending Match Made Online

Jessica SarterBoeFly In The News

njbiz

It may not sound romantic, but do not tell that to small-business owners who have found their lending soul mate through online matchmaker BoeFly. BoeFly Co-President David Nayor said the concept was modeled after platforms like eBay.com, Cars.com and various online dating sites. “Conceptually, it is two parties wanting to find each other, and using profiles and profile settings to … Read More

Adapting the Approaches of Successful Internet Sites to Help Franchisees Connect With Lenders

David NayorBoeFly In The News

ifa

While media reports suggested that the nation’s economic skies were brightening this summer before the debt ceiling debate and the nation’s credit rating downgrade, access to capital remains a challenge for many current and prospective franchisees, and therefore franchise system operators. An estimate by FRANdata, disclosed during the April 2011 International Franchise Association’s Small Business Lending Summit, forecast that only … Read More

BoeFly Helps Businesses Struggling after Hurricane Irene

Jessica SarterBoeFly In The News

mybanktracker

Small Business online marketing company, BoeFly has decided to aid those businesses struggling after Hurricane Irene by launching a new program to help borrowers. Noting that small businesses already face challenges, BoeFly understands that trying to rebuild or having the the excess products necessary can prove to be a financial strain and/or nearly impossible. BoeFly is introducing a special program … Read More

BoeFly Co-President David Nayor on “The Hays Advantage” with Kathlene Hays

Jessica SarterBoeFly In The News

bloombergoc

BoeFly President David Nayor is interviewed on Bloomberg Radio’s The Hay&rsqs Advantage with Kathleen Hays. David and Kathleen discuss small business lending trends, how borrowers can see how likely they are to receive funding by using BoeFly’s “Fundability App&rdq, and how BoeFly helps small businesses connect with lenders. Listen – Bloomberg News

BoeFly’s New Partnership Will Assist in More Successful Loans

Jessica SarterBoeFly In The News

mybanktracker

BoeFly, the premier online marketplace for obtaining a loan, announced a partnership with the Association of Small Business Development Centers (ASBDC) for even easier connectivity between lenders and small business owners. BoeFly’s services previously relied on small business owners finding the site on their own or through their franchisor, if applicable, and presenting themselves to lenders. Now, with the newly … Read More

More Ways Franchisers Are Helping Franchisees Get Loans

Jessica SarterBoeFly In The News

wsj

Another way franchisers are helping out that didn’t make the story is by signing up with BoeFly.com. The Web service matches lenders and borrowers nationwide, making it a somewhat unique resource. BoeFly has roughly 75 franchiser clients including big chains like Burger King Holdings Inc. and Dunkin Brands Group Inc. It charges franchisers with more than 500 franchisees up to … Read More

Small Business Development Centers Launch Loan Center

Jessica SarterBoeFly In The News

businessnewsdaily

The Association of Small Business Development Centers announced a strategic partnership to create a loan center to seamlessly connect SBDC counselors and their clients with more than 1,000 lenders nationwide. The new loan center will be powered by BoeFly, which is the most efficient way for an SBDC counselor to seek financing for a small-business owner. Read More – Business news Daily

Franchisors Shouldn’t Ignore Financing

Jessica SarterBoeFly In The News

restaurant finance

The small business dating-style lending website BoeFly recently studied franchisor disclosure documents and found that nearly half, 45 percent, indicated they don’t provide either a direct or indirect support for lending. That number should be smaller. Read More – Restaurant Finance Monitor