Coronavirus (COVID-19) Capital Access Relief Options

Mike RozmanFranchise Finance, Press Releases

Your bank has unilateral authority to provide temporary relief in the form of a deferment. With unilateral authority your bank can act without SBA approval. Banks can defer your loan for up to three or six months. [A max deferment of three months if the bank has sold the guaranteed portion of your loan; a maximum of six months if the bank has retained the loan.]

Factory Donuts Franchisees Rely on BoeFly to Get Franchise Loans

BOEblogUserPress Releases, Successful Fundings

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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

Restaurant Finance Monitor interview with Mike Rozman

Emma GrubmanBoeFly In The News, News & Events

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

ConnectOne Bancorp, Inc. Announces Agreement for Strategic Acquisition of BoeFly, a Leading Online Business Lending Marketplace

BOEblogUserPress Releases, Small Business Lending

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

Franchisor and Franchise Loan Journey – Franchising.com

BOEblogUserBoeFly In The News

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