Financing for Buying and Selling a Business Webinar Recording

BOEblogUserSmall Business Lending

The webinar recording covers buying and selling a business with a focus on financing.  Topics covered include: • A review of the current environment for business acquisition transactions • Best practices in listing your business for sale • Key steps a buyer should follow to find the ‘right’ business • The role financing plays in business acquisition transactions • Key … Read More

Department of Business and Industry Small Business Portal – Capital Connections

Jessica SarterSmall Business Lending

boeFlyLogo

  BoeFly makes it easier to obtain small business loans by reducing the time, cost, complexity, and inefficiency associated with small business lending. Its online matching technology connects small business borrowers with multiple lenders from among its over 2,200 participating banks, based on the lending profiles provided by the banks and the information provided in the borrower’s loan request.   … Read More

Start-Up Loan For Kennedy’s Cuts in Atlanta Secured On BoeFly

BOEblogUserSmall Business Lending

A new franchisee in Atlanta secured a loan through BoeFly, the online lending marketplace connecting business borrowers and lenders. In this case, despite the fact that the hair salon business was a start-up, the borrower secured an SBA loan to cover start-up costs such as building out their location and initial working capital.  “What’s nice about a franchise deal, is … Read More

Loans for Fresh2Order Franchisees More Accessible

BOEblogUserSmall Business Lending

Fresh2Order, with five Atlanta locations, adding two more, is an emerging franchise brand that is constructing a strategy that will support their long-term growth plans. Leadership at the brand is committed to supporting its franchisees with efficient access to financing which is why they became a member of BoeFly, the lending marketplace that connects business borrowers and lenders. “They need … Read More

Personal Guarantees Cause Personal Angst For Entrepreneurs as They Seek Ways to Avoid Liability for Business Loans

Jessica SarterSmall Business Lending

Personal Guarantees 101

Here is a myth: incorporate your company and it will protect your personal assets when you borrow money. But in the real world you will be required to personally guarantee repayment of your loan. Moreover, you could lose everything you own, if you don’t make your payments. “There was one time where things were pretty bad,” an owner of a … Read More

Small Business Loan Personal Guarantee Webinar

BOEblogUserSmall Business Lending

Learn what a personal guarantee for a small business loan is and what it means to you and your business.  You may not need to sign a personal guarantee for a business loan – or at the very least you may be able to mitigate the risk. Watch this video and hear from  a panel of experts about personal guarantees … Read More