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BFS Capital News

BFS Capital is a champion of small businesses by providing timely, flexible financing solutions in the United States, Canada and United Kingdom. Since 2002, BFS Capital has provided $2 billion in total financing to over 22,000 businesses across more than 400 industries.

For Media Inquiries:
Gregory Papajohn
Archie Group for BFS Capital
gregory@archiegroup.com

For General Inquiries:
Marketing@bfscapital.com

BFS Capital Will Sponsor and Speak at NACLB and Money 20/20

October 16, 2017
BFS Capital, a leading small business financing company, will be sponsoring and speaking at key lending industry events over the next two weeks including the National Alliance of Commercial Loan Brokers’ annual conference and Money20/20. BFS Capital is looking to deepen relationships and make new connections with Independent Sales Organizations and strategic partners to better understand and support their evolving needs. Company executives attending the conferences and trade shows will participate in press interviews and networking events to discuss the… Read More

BFS Capital Appoints Michael Marrache as CEO

August 17, 2017
BFS Capital Inc., a leading small business financing company, announced that it has appointed Michael Marrache as Chief Executive Officer to succeed outgoing CEO and co-founder Marc Glazer. Named President in September 2016, Marrache previously served for more than three years as the company’s Chief Operating Officer. He also will join the company’s Board of Directors. Marc Glazer will continue to serve as Chairman of the BFS Capital Board. “Michael has been invaluable in enhancing operations and driving sales. As… Read More

BFS Capital Surpasses $1.5 Billion in Financing to Over 18,000 Merchants

April 15, 2017
BFS Capital, a leading small business financing platform, today announced it has extended more than $1.5 billion in financing to businesses across the United States, Canada and through affiliate Boost Capital in the United Kingdom. Founded in 2002, BFS Capital first crested $1.0 billion in financings in July 2015. Since then, the number of small businesses and merchants using BFS Capital has grown by more than 33 percent from nearly 13,500 customers as of July 2015 to over 18,000 today.… Read More

Boost Capital secures new £15m credit line to meet small business loan demand in UK

December 1, 2016
An extra £15 million ($20 million) will now be available to UK small businesses as alternative business lender Boost Capital, a subsidiary of US-based BFS Capital Inc., a leading small business financing platform, has secured a new credit line from Atalaya Capital Management. Boost Capital has helped British businesses across a range of sectors achieve their growth ambitions since 2012. The funding line will enable the Company to support more businesses with their plans to grow. “In the days of increasing… Read More

BFS Capital Appoints Michael Marrache as President

September 28, 2016
BFS Capital Inc., a leading small business financing platform, today announced a new phase in the company’s operational strategy with the appointment of Michael Marrache as President. The company’s board of directors created the role for Marrache following his three years as Chief Operating Officer. “Over the last three years Michael has done a tremendous job enhancing operations, creating process efficiencies and driving loan portfolio growth” said Marc Glazer, founder, CEO and Chairman of BFS Capital. “In his new role,… Read More

BFS Capital Announces New $165 Million Credit Line

February 4, 2016
BFS Capital Inc., a leading small business financing platform, 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. The agreement provides for additional increases up to a maximum line of $250 million. The new facility represents an increase from the previous line of $135 million to support the Company’s ability to address continuing demand for small business financing in North America. “We are… Read More

BFS Capital Inc. Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

September 24, 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. The number of shares to be sold and the price range for the proposed offering have not yet been determined. The initial public offering is expected to commence after the SEC completes its review process, subject to… Read More

Business Financial Services Rebrands as BFS Capital

September 21, 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. A champion of small business, BFS Capital provides flexible, timely solutions for customers without access to traditional financing. The new BFS brand conveys a sustained commitment to empowering the growth and success of these businesses. Today, BFS Capital offers loans… Read More

Business Financial Services Acquires Entrust Merchant Solutions

August 26, 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. BFS began financing Entrust customers in 2009 and the relationship has grown successfully since then. Prior to the acquisition, Entrust was one of BFS’s largest independent sales organizations. “We are very excited to welcome Entrust into the BFS family,” said Marc Glazer, CEO and co-founder of BFS. “The… Read More

Business Financial Services Hits $1 Billion in Small Business Financing

July 29, 2015
Business Financial Services, Inc. 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. “This milestone is indicative of how much demand there is for working capital among small businesses, the backbone of the U.S. economy,” said Marc Glazer, CEO and co-founder of BFS. “We pride ourselves on being long-term partners to these businesses, providing capital to help maintain steady growth, while never over-funding and putting undue… Read More