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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of Earliest Event Reported): December 31, 2000
BLC FINANCIAL SERVICES, INC.
(PREDECESSOR TO BUSINESS LOAN EXPRESS, INC.)
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(Exact Name of Registrant as Specified in its Charter)
DELAWARE
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(State or Other Jurisdiction of Incorporation)
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001-14065 75-1430406
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(Commission File Number) (I.R.S. Employer Identification No.)
645 MADISON AVENUE, 19TH FLOOR
NEW YORK, NY 10022-1010
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(Address of Principal Executive offices) (Zip Code)
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(212) 751-5626
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(Registrant's Telephone Number, Including Area Code)
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ITEM 5. OTHER EVENTS.
On November 8, 2000, BLC Financial Services, Inc. ("BLC") filed
a Form 8-K announcing the execution of an Agreement and Plan of Merger by BLC,
Allied Capital Corporation ("Allied") and Allied Capital B Sub Corporation, a
wholly owned subsidiary of Allied Capital ("Merger Sub"), pursuant to which
Merger Sub will be merged into BLC (the "Merger"). On December 31, 2000, the
stockholders of BLC voted at a special meeting of the stockholders to approve
the Merger. The Certificate of Merger was effective December 31, 2000, and the
merger was thereby consummated.
Subsequent to the merger, BLC filed a certificate of amendment
to its certificate of incorporation changing its name to Business Loan Express,
Inc.
The information set forth in the press release and attached
hereto as an exhibit is incorporated herein by reference in its entirety.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS
(c) Exhibits.
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Exhibit No. Exhibit
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99.1 Press Release, dated January 2, 2001, issued by Allied Capital
announcing the consummation of the Merger.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the registrant has duly caused this Report to be signed on its
behalf by the undersigned hereunto duly authorized.
BLC FINANCIAL SERVICES, INC.
(predecessor to Business Loan Express, Inc.)
Date: January 8, 2001. By: /s/ Robert F. Tannenhauser
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Robert F. Tannenhauser
President
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EXHIBIT INDEX
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Exhibit No. Exhibit
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99.1 Press Release, dated January 2, 2001, issued by Allied Capital
announcing the consummation of the Merger.
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