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.
BFS Capital Inc., one of the leading small business financing platforms, today announced that the company has entered into a $165 million Amended and Restated Loan and Security Agreement with Wells Fargo Capital Finance as administrative agent. “We are very pleased with this deal, which reinforces our strong relationship with our banking partners,” said Marc Glazer, Co-Founder and CEO of BFS Capital. “The improved and expanded credit line boosts our funding capabilities to meet increasing demands of small businesses across diverse sectors.”
BFS Capital Inc., formerly known as Business Financial Services, Inc., today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common stock.
Business Financial Services, Inc., a leading technology-enabled small business financing platform, announced today that it has rebranded as BFS Capital and launched a new website, www.bfscapital.com. As part of this rebranding, the company has also unified its North American business affiliates.
Business Financial Services, Inc. (“BFS”), a leading technology-enabled small business financing platform, announced today that it has acquired Entrust Merchant Solutions (“Entrust”), an independent sales organization providing financing solutions for small businesses.
Business Financial Services and its family of companies (BFS), a leading technology-enabled small business financing platform, today crossed the $1 billion milestone in total financings to small businesses.
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%.
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.
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.
BFS Capital, formerly Business Financial Services, is a small business lender that has been around since 2002. They recently filed with the SEC for a confidential IPO and so I wanted to learn more about them.
Every small business owner wants to run a successful business. But the more ambitious ones dream of one day expanding beyond one location and a handful of employees. Whether it’s selling in new markets, developing new products or opening up additional locations, scaling a business is not a decision that should be made lightly.