Media Room

Press releases, news mentions and more

At BFS Capital, we’ve been helping small businesses grow and prosper since 2002. We’ve been praised for helping small and mid-sized businesses across all industries that have been underserved by banks and other traditional lending institutions.

Our media room lets you keep on top of our latest happenings including our press releases, company news and mentions in local and national media outlets.

Press Releases and Announcements

BFS Capital Appoints Mark Ruddock as Chief Executive Officer

November 2018

BFS Capital, a leading originator of small business financing in the U.S., U.K. and Canada, announced today the appointment of Mark Ruddock as Chief Executive Officer, effective immediately. He will also join the company’s Board of Directors.

BFS Capital’s Marc Glazer: Technology is driving big changes in the lending industry

October 2018

Marc Glazer, chairman and interim CEO of BFS Capital, talks about how SMB lending has changed and where he sees the industry heading. Throughout his career, there have been dramatic shifts in the online lending space and Marc shares how intellectual property combined with technology can deliver differentiated value to merchants.

BFS Capital Announces Fall 2018 Industry Event Lineup

October 2018

BFS Capital, a leading originator of small business financing, will be sponsoring and speaking at key industry and partner events over the next month including deBanked CONNECT San Diego October 4, the National Alliance of Commercial Loan Brokers’ (NACLB) annual conference on October 16-18 and Money20/20 on October 21-24.

BFS Capital Announces New $175 Million Credit Line

February 2018

BFS Capital has received a new $175 million revolving credit line provided by funds managed by Ares Management, L.P. BFS Capital will use the new facility to accelerate the growth of its lending business, following a record year where the company generated more than $300 million in originations, a new annual high.

BFS Capital Surpasses $300 Million In Originations for 2017

January 2018

We’re thrilled to report that BFS Capital funded more than $300 million in originations in 2017 after previously forecasting the milestone in December. Our sustained focus on small businesses’ financing needs and our continued expansion across key geographies (US, Canada and UK) helped us achieve this new annual high.

In the news

BFS Capital’s Marrache on Canadian Small Business Landscape

January 2018

It’s been about five months since Michael Marrache took the reins as CEO of BFS Capital. He spoke with us then about the company’s algorithmic solutions, ISO relationships and product pipeline. He recently took some time to talk with deBanked about the key themes in the Canadian market in 2018 – from minimum wage, to the impact of US tax reform on the Canadian economy, to ISO opportunities — and BFS Capital’s role there.

Why BFS Capital’s Glazer Is Passing the Torch (deBanked)

August 2017

Marc Glazer co-founded BFS Capital in the early 2000s and has remained at the helm all this time – until now. Glazer has passed the torch over to Michael Marrache, effective last week. He isn’t going too far, as the former chief executive will remain chairman of the board working alongside Marrache on the next chapter for the MCA and small business lending company. Meanwhile, the executive pair points to a future not only where there is sustainability but where there is growth.

The Power of Small: Small businesses have new sources of credit (Stores Magazine)

January 2016

According to the U.S. Census Bureau, 99.7% of American businesses are classified as small—consisting of 500 or fewer employees. When narrowed down to those with 20 or fewer workers, the figure still stands at a still-overwhelming 89.9%.

Construction Industry Jumps in Small Business (Commercial Construction & Renovation)

December 2015

Good news for 2016: the construction sector is on the upswing. Data from BFS Capital, a small business lender, shows that demand for small business loans is at an all-time high among construction companies. BFS lent $48.8 million to construction companies through Nov 30, 2015.

Tips for Small Business Owners on How to Keep Up with Debt Payments (AltFi Funding)

November 2015

Debt payment is an unavoidable part of almost every business owner’s daily life. But if handled responsibly, those payments need not be a burden. At BFS Capital, we always encourage our small business customers to talk with their lending provider to figure out a payment schedule that makes sense for them.