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BoeFly To Host Workshop Session at ASBDC Annual Conference in New Orleans

Co-President David Nayor will discuss the current state of small business lending and the efficiency of BoeFly’s online marketplace in connecting small businesses and lenders with attendees of the ASBDC annual conference

 
PRLog - Sep. 11, 2012 - New York, NY – BoeFly, the premier online marketplace connecting small business borrowers with lenders, announced today that Co-President David Nayor will host a session about the usage of BoeFly’s platform during the Association of Small Business Development Centers (ASBDC) annual conference on September 12th. The conference will take place at the Hilton New Orleans Riverside in New Orleans, La. from September 11th to 14th. Nayor’s session will take place Wednesday from 2:00 to 3:30 p.m. in the Rosedown Meeting Room.

In addition to discussing how SBDCs can leverage BoeFly’s online marketplace to help their small business clients connect efficiently with a network of over 2,200 lenders nationwide, Nayor will address the small business lending environment and elaborate on best practices for securing a bank loan in today’s tight credit market.

“The ASBDC has been a strong force in addressing the core issue inhibiting small business growth and job creation: efficient access to financing,” said Nayor. “We created BoeFly for that same reason:  to address the vast inefficiencies we saw in the traditional process of small business owners going from bank to bank in search of a loan. We knew there had to be a faster, easier and better way for borrowers to access the capital they need, and I look forward to hosting a session at the ASBDC conference to show SBDC counselors how they can leverage technology such as the BoeFly platform to help their clients save time and secure loans under the best possible terms.”

America’s Small Business Development Centers (SBDCs) are a nationwide network operating over 1,000 centers. The SBDC Network is dedicated to providing the consulting and technical assistance business owners need to make their dreams a reality. The annual conference will bring together over 1,400 SBDC professionals, trainers, consultants, management and administrative personnel, offering top-quality workshops, roundtables, general sessions, working luncheons and an Exhibit Hall.


About BoeFly

BoeFly makes it easier to obtain small business loans (http://www.boefly.com/) 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 over 2,200 participating banks, based on the lending profiles provided by the banks and the information provided in the borrower’s loan request.

Borrowers build a complete decision-ready loan request online using BoeFly’s exclusive “SmartForm” technology which, when completed, provides the information that  over 2,200 lenders nationwide indicated to BoeFly they want to see before moving forward with a loan request. The SmartForm is easy to use and guides borrowers through the process. Once BoeFly’s matching technology identifies compatible lenders, borrowers then have complete control over which lenders can instantly access their loan request.  Using 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 only 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 never charges transaction or referral fees.

BoeFly, now a strategic ally of the International Franchise Association to expand credit access within the franchise community (http://www.boefly.com/ifa.cfm), offers a Franchise Solution brings these benefits to the large and growing small business franchisee community and is the choice of more than 125 brands, including Dunkin’ Donuts, Carl’s Jr., Express Personnel and Kiddie Academy, among many others.

BoeFly’s Affiliate Solution is the financing exchange chosen by the Association of Small Business Development Centers, representing approximately 1,000 centers nationwide, which are funded in part by the U.S. Small Business Administration, to serve small businesses, and Franchise Gator, the leading site for information on franchise opportunities.

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 New York City. http://www.boefly.com.


About ASBDC

The Association of Small Business Development Centers (ASBDC) represents America’s Small Business Development Center Network – the most comprehensive small business assistance network in the United States and its territories.

The mission of the network is to help new entrepreneurs realize their dream of business ownership, and to assist existing businesses to remain competitive in the complex marketplace of an ever-changing global economy.

Hosted by leading universities, colleges, and state economic development agencies, and funded in part through a partnership with the U.S. Small Business Administration, approximately 1,000 service centers are available to provide no-cost consulting and low-cost training.

Media inquiries:

Bill Fallon/ Keating Co. /212.925.6900/ bfallon@keatingco.com

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Source:BoeFly, LLC
Country:United States
Industry:Finance, Small business
Tags:BoeFly, conference, new orleans, small business lending
Shortcut:prlog.org/11971504
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