Press Releases



BFS Capital Announces New $165 Million Credit Line

February 2016

“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. Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

September 2015

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 Rebrands as BFS Capital

September 2015

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 Acquires Entrust Merchant Solutions

August 2015

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 Hits $1 Billion in Small Business Financing

July 2015

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.


Business Financial Services Announces $125 Million Credit Line Extension

August 2014

Business Financial Services, Inc. announced a $125 million credit line with Wells Fargo Capital Finance, a part of Wells Fargo & Company (NYSE: WFC). The new credit line is an increase from the existing $82 million credit line that the company announced last year.


Marc Glazer Named Ernst & Young Entrepreneur of The Year Finalist

May 2013

Business Financial Services, Inc. is pleased to announce that President and CEO Marc Glazer has been named a finalist in the Ernst & Young Entrepreneur of The Year 2013 awards program.


Business Financial Services Expands Business Loan Product to All 50 States

May 2013

Business Financial Services, Inc. announced that it has expanded its business loan product to all 50 states. Additionally, the company recently announced a new $82 million credit facility provided by Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC), to facilitate the expansion and increasing demand for capital.


Business Financial Services Announces $82 Million Credit Line to Fund Small Businesses

April 2013

Business Financial Services, Inc. announced a new $82 million credit line provided by Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC). The new credit facility bolsters the Company’s ability to serve small business owners throughout the United States, and through affiliates in Canada and the United Kingdom.