BoeFly, the premier online marketplace connecting small business borrowers with lenders and a strategic ally of the
Kruger has over 20 years of experience managing multimillion dollar retail establishments. He was eager to enter the pizza restaurant industry as a new business owner and manager of a North Carolina Little Caesars.
"When I was first looking for a loan, I wanted the process to be as easy and efficient as possible, and luckily I found BoeFly, which was an essential tool that helped me become bank-ready," said
When Kruger submitted his loan request, BoeFly matched his request with several compatible lenders. Kruger ultimately chose to work with
"The Ameris Bank Government Guaranteed Lending Team is seeking to expand and is fully committed to growth. I plan to continue to use BoeFly to efficiently make SBA loans to quality borrowers like
BoeFly makes it easier to obtain small business loans by reducing the time, cost, complexity, inefficiency and frustration associated with small business lending. Its online proprietary matching technology connects small business borrowers with multiple lenders from among its more than 3,600 participating banks, based on the lending profiles provided by the banks and the information provided in the borrower's loan request.
Before seeking a loan business borrowers can find out their fundability and may get prequalified for a business loan through bQual. The bQual report will deliver a business borrower's FICO SBSS Small Business Credit Score (used by lenders nationwide and required for SBA loans), a personal consumer credit score and credit bureau report, and a detailed financing assessment of a borrowers fundability.
Integrating the bQual scores into the loan seeking process on BoeFly, borrowers can connect with multiple lenders quickly and easily, providing a greater probability of obtaining a loan, as well as more favorable loan terms resulting from the creation of a competitive marketplace. Lenders benefit by being presented with those loan requests that fit their lending profile, dramatically lowering their cost and time of origination. BoeFly is not a broker. Borrowers pay a small one-time fee and lenders pay an ongoing subscription fee.
BoeFly, now a strategic ally of the
BoeFly was founded by small business owners and small business lending experts with extensive small business lending experience. The company is privately-held and is based in
Read the full story at http://www.prweb.com/releases/2014/06/prweb11976261.htm
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