BFS Capital Appoints Mark Ruddock as Chief Executive Officer — Business Wire (November 28, 2018)

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A November 28, 2018 Business Wire release from Coral Springs, Fla. announces that BFS Capital appointed Mark Ruddock as Chief Executive Officer, effective immediately, and that Ruddock will also join the company's Board of Directors. Marc Glazer, co-founder of BFS Capital, will continue to serve as Chairman of the Board of Directors. The release says Ruddock joins after completing a mandate as interim CEO of 4finance, and earlier was founder and CEO of INEA Corporation and CEO of Viigo. It says that since 2002 BFS Capital has delivered over 40,000 financings totaling more than $1.9 billion.

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BFS Capital Appoints Mark Ruddock as Chief Executive Officer

Ruddock brings 20 years of financial and technology leadership
 experience

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Mark Ruddock appointed CEO of BFS Capital

- Mark Ruddock appointed CEO of BFS Capital

November 28, 2018 08:30 AM Eastern Standard Time

CORAL SPRINGS, Fla.--( BUSINESS WIRE )--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.

“Mark has an outstanding track record of transforming financial services
 and technology companies by accelerating their innovation and business
 growth. His diversity of experience, from founder to growth stage
 executive, across a wide variety of industries and geographies makes him
 an exceptional choice for BFS Capital at such a pivotal stage in our
 evolution,” said Marc Glazer, co-founder of BFS Capital. Mr. Glazer will
 continue to serve as Chairman of the Board of Directors.

A veteran entrepreneur and internationally experienced executive,
 Ruddock brings two decades of leadership to the role. An accomplished
 thought leader, his expertise spans many industries, including
 enterprise software, mobile applications and online financial services.
 He joins BFS Capital after completing a mandate as interim CEO of
 4finance, Europe’s largest online and mobile consumer lender.

“BFS Capital is at an exciting point in its evolution. I look forward to
 working with Marc, the board and the management team to help realize the
 company’s potential as we reimagine how BFS Capital will serve the
 unique financial needs of small businesses in a rapidly evolving digital
 economy,” said Ruddock.

Prior to 4finance, Ruddock played important leadership roles across a
 variety of industries. He was founder and CEO of INEA Corporation, an
 enterprise software firm focused on the financial services industry
 which was acquired in 2005. Following INEA, he became CEO of mobile
 software company Viigo, which he transformed into a multiple-award
 winning company, whose flagship app became one of BlackBerry’s most
 downloaded apps of all time by the time the company was acquired by RIM
 (Blackberry) in 2010. Following Viigo, Mr. Ruddock became the Managing
 Director, International at Wonga Group, and was responsible for
 overseeing all businesses outside of the UK, including the consumer
 lending businesses in Canada, Spain, Poland and South Africa and the
 eCommerce and product financing business BillPay in Germany. During his
 tenure, Wonga International developed exciting new products, and grew to
 over 50 percent of the company’s lending volume. He then joined Finstar
 Financial Group as CEO of Finstar Labs, their FinTech incubator and
 corporate innovation arm, before agreeing to step in as interim CEO of
 4finance.

To learn more, please visit BFSCapital.com .

About BFS Capital

BFS Capital champions the growth and prosperity of small businesses by
 providing smart, reliable, best-in-class financing solutions. BFS
 Capital’s leading small business financing platform leverages customized
 underwriting and proprietary algorithms to fund businesses in all 50
 states and Canada, and through its affiliate, Boost Capital, in the
 United Kingdom. Since 2002, BFS Capital has delivered over 40,000
 financings across 400 industries totaling more than $1.9 billion.
 Headquartered in South Florida with offices in New York, California and
 the United Kingdom, BFS Capital is an accredited
 BBB company with an A+ rating. Respondents to Trust
 Pilot consistently score BFS Capital small business loans and
 merchant cash advances with a 5-Star rating. For more about our
 financial solutions please visit www.BFSCapital.com (U.S.,
 Canada) and www.BoostCapital.co.uk (U.K.).

Contacts

Gregory Papajohn gregory@archiegroup.com

Release Summary

BFS Capital, a leading originator of small business financing in the U.S., U.K. and Canada, has appointed Mark Ruddock as Chief Executive Officer.

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Contacts

Gregory Papajohn gregory@archiegroup.com

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