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Last Updated: 06/21/2025

Boefly Small Business Loans

in Business Loans from Boefly

Last Updated: 06/21/2025

Boefly Small Business Loans logo
Rating not yet determined1 total votes
1 users don't recommend

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Highlights

Amount Range

$1,000 - $5,000,000

APR (Fixed APR)

0% - 150%(Verified 06/21/2024)
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Loan Term (Months)

Up to 0
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Boefly Small Business Loans Review

Boefly is a business financing offering by Boefly, based in New York, NY. Founded in 2010, Boefly offers access to small business loans in 50 states (and Washington, DC).

Boefly FAQ

What are Boefly rates?

Boefly offers a fixed APR business financing product that ranges from 0% APR up to 150% APR.

Does Boefly charge an origination fee?

Yes, Boefly charges a loan origination fee .

Does Boefly charge prepayment fees?

Yes, Boefly may charge additional fees to borrowers who pay off their small business loans sooner than anticipated. Take this into consideration when choosing a business loan product because prepayment penalties can reduce or even cancel the interest savings of repaying a business loan early.

How much can you borrow from Boefly?

Business loan amounts start at $1,000 and go up to $5,000,000.

What is the maximum business loan term you can get with Boefly?

Boefly offers small business loans with a maximum term of 0 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What do you need to qualify for Boefly Small Business Loans?

Boefly Small Business Loans requires companies to be in business for at least month Businesses don't have to meet a minimum annual revenue to be considered.
When it comes to credit scores, Boefly Small Business Loans doesn't have a set minimum or maximum. People with all types of credit scores can apply.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Boefly Small Business Loans. An uncommon feature is for lenders to offer their services to non-residents. Boefly is one of the few that does.
To qualify, applicants may need to provide the following documentation:
  • Proof of income
  • Proof of identity

Does Boefly perform a hard credit pull?

Yes, Boefly performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Boefly Small Business Loans logo

Message from Boefly

Power the possible. Fund the business of your dreams. We make it easier than ever to connect with the right small business lender and get the funding and resources to realize your dreams and move your business forward. We got this. Let’s go. Our easy one-step online application simplifies the lending process — so you only have to enter your information once. And, we’re here to help you provide the exact information the banks need to move forward in the lending process for SBA funding or conventional loans.

Contact

Headquarters

50 W 72nd St
Apt C4
New York, NY 10023
Visit Site
Email Support

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SuperMoney Net Recommendation Score

Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.

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The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Boefly Small Business Loans Community Reviews

Would you recommend Boefly Small Business Loans to your friends?

CL

Chris L.

Jul 17, 2020

May or may not recommend

This is the most unprofessional company I’ve ever dealt with in 25 years of being in business. They put on this big webinar how professional they are, yea right. We apply our credit is good and they just blow us off. They don’t have the courtesy to tell you no, they just ignore you totally. To make a long story short we received two SBA loans ...Show More

Showing 1 of 1 reviews

Other Services by Boefly

Accounts Receivable Financing

Be the first to rate

Business Lines of Credit

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Commercial Mortgage

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Merchant Cash Advance

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