Finding the Right Match

Jessica SarterBoeFly In The News

The many complaints these days from banks that want to lend and small businesses that want to borrow suggest the two sides are having a tough time finding each other. But online loan exchanges like BoeFly and Biz2Credit say they can help. Both take loan applications from businesses and, using an automated system, match them with participating lenders. Read More … Read More

Online Lending Site Greases Wheels of Credit Market

Jessica SarterBoeFly In The News


Perhaps you’ve heard: there’s a jobs bill on Capitol Hill, loaded with measures designed to jumpstart small businesses. A crucial component of the legislation is a $30 billion lending fund that community banks could tap into for cheap. Logic follows that community banks will lend that money to small businesses. All the bill requires is some goodwill among senators. Good … Read More

Need a Loan? Find a Lender Online

Jessica SarterBoeFly In The News


Small business owners looking for a loan should try hopping online. A handful of companies including BoeFly and Biz2Credit are creating online marketplaces to connect small business owners with lenders. While the current economic climate has made it tough for small business owners to get a loan, there are banks with money to lend but simply can’t find the right … Read More

Site matches small businesses with lenders

Jessica SarterBoeFly In The News


The lending market is like the dating market in at least one respect: It’s tough out there. With that in mind, one new website aims to lessen the chance of loan rejection by connecting small businesses with willing lenders across the nation. Launched in March, says it has already brokered nearly $1 billion in transactions, with about $4 million … Read More