“We built bQual to address the questions we’ve heard from some of the thousands of business owners that have used BoeFly since we launched in March of 2010 — “Can I get real-time information and insight before I start the search for financing,” said Mike Rozman, co-president of BoeFly. “With the help of FICO and Equifax we’re solving a long pressing issue in the small business community.”
“One of the keys to success for small businesses is being able to obtain credit quickly and at favorable terms,” said David Vonk, vice president at FICO. “Since we launched our small-business scoring program in 1993, we have seen the tremendous benefits it can bring, helping small businesses get credit faster and with less paperwork. BoeFly’s bQual takes this to the next step: helping business owners understand how lenders see them, just as we provide credit scores and information to consumers through myFICO.com and the FICO Score Open Access program. This is a major advance for American businesses.”
Watch Coleman Report video discussing bQualtm here