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Resource Center > Article
Online Marketplace Broadens Small Business Borrowing Options
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Launched in 2010 and now boasting close to $3 trillion in transactions, BoeFly.com, which stands for “business opportunity exchange,” connects small business owners with lenders from its two-thousand-plus strong stable of participating banks nationwide. But BoeFly.com is not a broker. It does not charge a brokerage fee for its services. Instead, BoeFly.com requires its borrowers to pay a one-time fee of $99 to $499, depending on a number of factors, while banks pay a monthly subscription fee of just $55.

BoeFly’s secret to success in just over two short years? It’s very own “SmartForm” technology, which quickly and easily matches small business borrowers of various kinds with potential lenders who have already expressed an interest in investing in businesses that meet certain requirements, including type of industry and loan amount.

BoeFly’s platform creates a win-win scenario all around. Small business, business opportunity and franchise owners have access to lending options they might otherwise not have, for relatively little investment in terms of both time and money. And banks don’t waste precious time weeding through prospective borrowers who don’t meet their lending criteria.

No wonder the BoeFly.com is being called the lender-borrower world’s equivalent of Match.com!

For more information on BoeFly.com and how it works, click here now.

 

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