How Tier 2 and 3 Franchisees Are Funding Growth

BOEblogUserBoeFly In The News

Last year, Karen Mills, former head of the Small Business Administration, heaped praise in the Harvard Business Review on a group of entrepreneurs she claimed were vital to America’s middle-class. Surprisingly, it wasn’t the bright people who’ve brought us Pandora, Uber and DoorDash. It was instead the folks who operate the roughly four million local enterprises that handle our daily … Read More

Franchise Finance Index Shows Denver residents have a better shot at getting a franchise

Jessica SarterBoeFly In The News

Denver Business Journal

Good news for Denver residents who are looking into owning a franchise, the credit scores of Denver residents are above average, which means that the odds of securing a financing are greater than typical. The averages are part of a new monthly report by Chicago-based 1851 Franchise online magazine and New York-based BoeFly. They two companies teamed up to provide … Read More

How bQual Could Rewrite Franchise Development

Jessica SarterBoeFly In The News

bqual on 1851

BoeFly has introduced a new tool, bQual, which should transform the franchise development process by giving financial confidence to franchisees and prospects during the research and discovery period. bQual provides borrowers with key financial details, such as the SBSS by FICO (business credit score), FICO score, and financial assessment. “When we built bQual, it was with the idea that a … Read More

Franchise Today Episode

Jessica SarterBoeFly In The News

On this episode of the Franchise Today podcast, host Stan Friedman welcomes BoeFly CEO and co-founder Mike Rozman as his featured guest. The interview covers a lot of ground, from the derivation of the BoeFly name to the development of the company from an online financing marketplace to a fully integrated franchise sales and financing system. Rozman also shares some … Read More

BoeFly’s Partnership With Papa Murphy’s on New Program Featured

Jessica SarterBoeFly In The News

1851

Papa Murphy’s and BoeFly were recently featured on 1851, which covered the remarkable new program that resulted in a 14-times higher lead-to-sale conversion rate as a result of engagement with BoeFly’s bQual financing assessment report. The results are clear that those Papa Murphy’s franchise prospects who gleaned the financial confidence from generating a bQual report early in the process ended … Read More

BoeFly Featured As September’s Cover Story Of The Franchise Times

Mike RozmanBoeFly In The News

BoeFly in The Franchise Times

BoeFly was featured as this month’s cover story for The Franchise Times: ‘How BoeFly Plans To Finance The Masses’ by Beth Ewen. The feature outlines how BoeFly is taking the initiative to help ordinary business owners looking to open a lessor-known franchise with the needed the financial support, that they may not otherwise obtain through the franchisor.   “It’s BoeFly’s … Read More

BoeFly Featured In The Guardian: Business News

David NayorBoeFly In The News

the guardian PR

Regarding the increase in small business owners seeking business financing through digital channels, BoeFly was featured this past Sunday in the ‘The Guardian’; a New York based online newspaper. The article focuses on how more alternative lenders are utilizing social media outlets to do due diligence on business borrowers. “Social media is an easy and credible source of information for … Read More