Boost Capital implements Open Banking to power small business financing
Open Banking connectivity will speed up the funding process for businesses looking to grow.
LONDON— 15 March, 2019—Boost Capital, a leading provider of small business financing, today announced the launch of Open Banking capabilities as part of the company’s efforts to accelerate the funding process and improve the customer experience for small and medium-sized enterprises (SMEs) applying for financing.
Boost Capital named as finalists in the British Bank Awards 2019
Small business loan provider Boost Capital has been named as a finalist in the prestigious British Bank Awards 2019.
Boost Capital Parent BFS Capital Hits $2 Billion (£1.6 billion) in Financing
Boost Capital, a leading small business financing platform, today announced that BFS Capital (its parent company) has now surpassed more than $2 billion (£1.6 billion) in financing to over 22,000 small businesses across the United Kingdom, United States and Canada.
Boost Capital secures £47 million credit line from Atalaya
Boost Capital, a leading provider of small business financing, today announced it has refinanced and renewed its existing credit line with American investment firm Atalaya Capital Management, increasing its funding capacity by 50% to £47 million from £31 million to support continued growth for the company’s business financing solutions.
Boost Capital makes getting approved for a small business loan even faster
Leading alternative finance provider Boost Capital has launched a new version of their loan decision tool meaning they’re now able to approve a greater number of business loans more quickly.
BFS Capital, a leading originator of small business financing in the U.S., U.K. and Canada, announced today the appointment of Mark Ruddock as Chief Executive Officer, effective immediately. He will also join the company’s Board of Directors.
Boost Capital and Smarter Business team up to support small businesses with the finance they need to grow
Leading small business financing platform Boost Capital has agreed to a partnership with Smarter Business, one of the UK’s leading independent consultancies.
As part of the agreement, Smarter Business, who help to secure the best deals for small businesses across a range of general overheads including gas, electricity, water, telecoms, and waste management, will offer Boost Capital’s financial products to its customer base.
Alex Littner, Managing Director of Boost Capital, said: “This partnership highlights our commitment to small businesses that are often time-poor. Our timely, flexible financing solutions are built with the busy small business owner in mind and seek to make the process as simple and accessible as possible.”
A new loan decision tool has been built and launched by Boost Capital, a leading small business financing platform, to bring decisions to applicants within a few hours of requesting finance.
Alex Littner, Managing Director of Boost Capital, commented, “We are focused on delivering a quality service to small businesses, a key element of which is providing them with rapid decisions and quick access to finance. Our new decision tool does exactly that. Decisions and offers for finance are being made within a matter of hours after application, and financing is being provided to the business within one or two days.”
Leading small business financing platform Boost Capital has unveiled a revamped website as part of its initiative to increase support for small businesses requesting finance.
Boost Capital has focused on making the application process as simple as possible, which in turn leads to a more rapid decision.