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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

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

Business Financial Services Announces $125 Million Credit Line Extension

August 26, 2014
Specialty Finance Company Increases Credit Line to Meet Needs of Nation’s Small Businesses Business Financial Services, Inc. (BFS), a leading specialty finance company, 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. “The demand for small business financing is stronger than ever. Even as the economy appears to be on the… Read More

Marc Glazer Named Ernst & Young Entrepreneur of The Year Finalist

May 22, 2013
Glazer, Business Financial Services CEO, nominated as Florida financial services finalist for Entrepreneur of The Year Business Financial Services, Inc. (BFS) 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. Glazer, who co-founded BFS in 2002, is a finalist in the competition’s financial services category in the Florida market. A serial entrepreneur, Glazer has transformed BFS from an online small business portal to a leading specialty… Read More

Business Financial Services Expands Business Loan Product to All 50 States

May 7, 2013
Tight Bank Credit for Small Businesses Creates High Demand for Alternative Financing Solutions Business Financial Services, Inc. (BFS), a leading specialty finance company providing working capital to small business owners since 2002, 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. BFS… Read More