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In the news

Why BFS Capital’s Glazer Is Passing the Torch

August 22, 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…

BFS Capital’s Marrache on Canadian Small Business Landscape

June 28, 2017
It’s been about five months since Michael Marrache took the reins as CEO of BFS Capital. He spoke with us thenabout 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. deBanked: When did BFS Capital begin operating in Canada? Marrache: BFS Capital…

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

January 26, 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

December 22, 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. This is a 77.7% increase over the same time period in 2014 Construction surpassed retail and food & hospitality as the biggest industry for BFS “Construction has long been seen as an economic indicator, however many…

Interview with the CEO of BFS Capital (Lend Academy)

November 3, 2015
BFS Capital is an established small business lender that has provided over $1 billion in financing to small businesses since 2002. 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. I contacted the company and their CEO, Marc Glazer (pictured below), agreed to this email interview. What does BFS Capital do exactly? We empower the growth…

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

November 1, 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.

Pros and cons of scaling your small business (Bankless Times)

October 10, 2015
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.

With Credit for Businesses Tight, Nonbank Lenders Offer Financing

June 7, 2014
Even with the economy on the mend, the alternative financing industry continues to grow, debunking the notion that small businesses are able to secure capital from the banks. In fact, Marc Glazer, chief executive of Business Financial Services, estimates about two dozen nonbank lenders lent approximately $3 billion collectively last year, double the 2012 total. These short-term lenders want to become the go-to financiers for business owners in need of quick cash.

Winter storms slam online sales, too

February 14, 2014
Small business loan applications have increased 60 percent in the past six weeks when compared to last year, at least half of which are weather-related.

Coral Springs firm offers loans to mom and pops

September 14, 2013
Business Financial Services helps small- and mid-sized companies that are growing and have a rising cash flow, but don’t have the assets or longevity in business to be approved for bank loans.