Firms With Collateral Gain an Edge

Jessica SarterBoeFly In The News


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., 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


Robert Tannenhauser compares 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