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Filing year 2023

BUSINESS FINANCE GROUP INC

Fairfax, Virginia·EIN 54-1193174·6
Total revenue
$5.1M
Total assets
$8.3M
Total expenses
$4.7M
Reported officers
19
Mission

OUR MISSION IS TO HELP SMALL BUSINESSES SUCCEED THROUGH CREATIVE FINANCING SOLUTIONS DEVELOPED BY A QUALIFIED AND EXPERT TEAM OF PROBLEM SOLVERS. WE FOCUS ON STRENGTHENING COMMUNITIES AND PROMOTING ECONOMIC DEVELOPMENT THROUGH THE GROWTH OF OUR SMALL BUSINESS BORROWERS AS WELL AS THROUGH COMMUNITY SERVICE PROJECTS. WE PROVIDE OUTSTANDING CUSTOMER SERVICE TO OUR SMALL BUSINESSES AND OUR LENDING PARTNERS. WE FOSTER A WORK ENVIRONMENT THAT VALUES AND RESPECTS OUR STAFF.

Executive compensation, broken down

Form 990 · Schedule J · 6 reported individuals · Filing year 2023

$425k
$466k
Base
$300k
Bonus
$100k
Other
$13k
Benefits
Sr. Vice President/loan of
highest compensated employee
$288k
$316k
Base
$88k
Bonus
$173k
Other
$17k
Benefits
Sr. Vice President,service
vice president
$220k
$241k
Base
$175k
Bonus
$24k
Other
$13k
Benefits
Vp/loan Officer
highest compensated employee
$198k
$218k
Base
$85k
Bonus
$93k
Other
$13k
Benefits
Chief Credit Officer
highest compensated employee
$197k
$216k
Base
$157k
Bonus
$21k
Other
$13k
Benefits
Director, Finance & Acc
$190k
$208k
Base
$144k
Bonus
$19k
Other
$20k
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Up 2%
from 2022

From $416k in 2022 to $425k in 2023.

$416k
2022
$425k
2023
In today's dollarsEst.
Down 1% in real terms$470k to $466k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BUSINESS FINANCE GROUP INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.7M
$4.5M
2022
$5.1M
$4.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
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