After extensive research we decided that Gyroville, a restaurant franchise, was right for us. We ended up securing an SBA loan from a bank halfway across the country which we never would have found without BoeFly.
NEW YORK – Sept. 24, 2019 – PRLog — BoeFly, the franchise sales and financing system that has supported franchisees from more than 600 unique brands, announced that Joseph and Mara Cremen, new franchisees of emerging franchise concept Factory Donuts, secured an SBA loan through BoeFly to open their first location in Doylestown, PA. Joseph and Mara were drawn to the quality and experience of … Read More
ConnectOne Bancorp to Acquire BoeFly BY MARY JO LARSON “We were looking for an entrepreneurial bank,” said Mike Rozman, CEO and co-founder of online lending platform, BoeFly. “There aren’t a lot of them out there. We needed to find that leadership who thought entrepreneurially; it wasn’t going to work otherwise.” He’s speaking about the recent announcement that ConnectOne Bancorp will … Read More
April 12, 2019 07:00 ET | Source: ConnectOne Bancorp, Inc. ENGLEWOOD CLIFFS, N.J., April 12, 2019 (GLOBE NEWSWIRE) — ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced it has entered into an Asset Purchase and Assumption Agreement with BoeFly, LLC, a New York City based, privately held company, whose online business lending marketplace … Read More
Excerpt from April 2019 Franchising.com Article on how brands rely on lending firms help franchise candidates and franchise brands secure the best loans. Click read more to view the full article at franchising.com Got Funding? ApplePie and BoeFly Make Lending Better By: Eddy Goldberg Once upon a time (about 10 years ago), a franchisee in search of funding had few choices: … Read More
Seasoned multi-unit franchisees acquire existing location in first of many planned units NEW YORK – March 28, 2019 – BoeFly, the premier marketplace for small business borrowers and lenders which has supported franchisees from more than 600 unique brands, announced that Ryan Debin and Mark Murphy, Launch Trampoline Park franchisees, secured an SBA franchise loan through BoeFly to acquire an existing location. Ryan, who … Read More
New AAMCO Franchisees Secure Small Business Loan Through BoeFly Mar. 22, 2019 / NEW YORK — BoeFly, the premier marketplace for small business borrowers and lenders which has supported franchisees from more than 600 unique brands, announced that Curtiss and Sara Rasmussen, new AAMCO franchisees, secured an SBA loan through BoeFly to acquire their first AAMCO. Curtiss, a longtime manager … Read More
All franchisors have (or will have) struggling franchisees. BoeFly hosted a webinar on April 30th 2019 in which franchise leaders shared best practices to address struggling franchisees. Franchisors learned tips for early detection as well specific actions to solve an array of problems. Webinar panelists included: Nancy Broudo – SVP, BoeFly, Aaron Chaitovsky, CFE – Partner, Citrin Cooperman, Mitch Cohen … Read More
Listen in as experts discuss FDD best practices such as: Controlling the multi-state registration processes; Managing the franchisee receipt workflow; Importance of properly signed agreements; How documentation can impact private equity transactions.
Paula and James Bullock, Tropical Smoothie Cafe franchisees, secured an SBA loan through BoeFly to open their first Tropical Smoothie Cafe. When it came to sourcing financing for their start-up franchise, the couple was introduced to BoeFly, which proved to be an excellent resource. Paula and James already had a significant workload in running their existing businesses, so the two greatly valued BoeFly’s streamlined workflow and dedicated support throughout the financing process