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 our exchanges have had more than $1.1 billion posted already,” said Tannenhauser, cofounder and CEO of Manhattan-based BoeFly. “So, it’s working, it’s catching fire and we’re growing 25 to 30 percent a month because it’s quality and it’s efficiency.

Read More – Coleman Report