An Easier Way to Apply for Loans

Jessica SarterBoeFly In The News

inc

The loan application process can be daunting, what with thousands of possible lenders and stacks of forms to fill out. BoeFly.com aims to make it less onerous by letting businesses give one streamlined loan request to banks that are likely to be good matches. Read More – Inc.com

Area businesses get creative to acquire loans during credit crunch

Jessica SarterBoeFly In The News

Losing sales and profits in the severe recession was bad enough, but small businesses also lost a lot of their ability to get financing. A commonly heard complaint the past three years has been that starting or expanding a business has been made especially difficult by the unwillingness of banks to lend on favorable terms or even lend at all. … Read More

BoeFly Creates Online Marketplace for Business Loans

Jessica SarterBoeFly In The News

fox

Today you can buy a car, find your true love, and even earn your degree online. So why not get your small business started via the Internet? Through Boefly.com, small businesses are doing just that. The site, which is the Match.com of the small business lending world, helps to connect startups and funders through their commonalities. Read More – FOX Business

Boefly, A New Online Marketplace, Matches Borrowers With Lenders

Jessica SarterBoeFly In The News

aznow

One couple searched unsuccessfully for six months to secure a loan. Then, 14 days after using a new online marketplace, Ted and Cindy Ferkenhoff had an offer. The Ferkenhoffs, who needed a loan to open an AlphaGraphics franchise in Flagstaff, weren’t expecting such a quick response. “With the lending market being pretty shaken up … it was a little surprising … Read More

Fox Business Channel’s Closing Bell with Liz Claman – Interview with BoeFly Co-President David Nayor

Jessica SarterBoeFly In The News

fox

BoeFly co-president David Nayor recently made an appearance on Fox Business Channel’s Closing Bell with Liz Claman. David and Liz discussed small business lending trends, how BoeFly helps small businesses connect with lenders, and the types of businesses currently receiving the most lender interest on the BoeFly marketplace. David pointed out that one of the greatest difficulties standing in the … Read More

Jobs Act juices up growth

Jessica SarterBoeFly In The News

Crain's

From solo entrepreneurs to founders of restaurants, small business owners throughout the city are starting to reinvest in their businesses or launch new ventures, courtesy of the Small Business Jobs Act. Read More – Crain’s New York Business

Firms With Collateral Gain an Edge

Jessica SarterBoeFly In The News

wsj

Companies that hold tangible assets like buildings or other types of property are getting a first look by banks, even when their cash flow and creditworthiness aren’t as strong as businesses with less collateral. BoeFly.com, which connects lenders to borrowers, says many of the 570 institutions that use its service are favoring loan applications from restaurants, hotels, manufacturers, retailers and … Read More

Streamlining Small-Business Loans

Jessica SarterBoeFly In The News

westfair

Robert Tannenhauser compares Boefly.com to a well-oiled online dating service, with one exception – “We know the people are going to fall in love before they get together.” The online loan exchange connects commercial borrowers and banks in small-business loan originations and sales. It boasts a tally of 592 lenders in its short, seven-month existence. “We launched in March and … Read More

Boefly Surpasses the $1 Billion Transaction Mark

Jessica SarterBoeFly In The News

Though only launched on March 17, 2010, Boefly, Inc. has already passed the $1 billion mark for transactions in just six months. Bobby Tannenhauser, President and CEO, recently sat down with Coleman Report editor Bob Coleman to discuss his success and what lenders can do at this time to stay on top. Read More – Coleman Report