The franchise industry, so dependent on financing to fund both start ups as well as its franchisees’ continuing growth, has turned to BoeFly in record numbers. BoeFly has supported franchisees from 600 unique franchise brands, a level unrivaled by any other loan marketplace. “We know that access to capital is critical to a new franchise owner, which is why we provide BoeFly to all new franchisees,” said Michael Osovksy, VP Strategic Initiatives & Chief Compliance Officer for Driven Brands, parent to Meineke, Maaco, CarStar and other top automotive brands.
Uncle Maddio’s Franchisee Utilizes BoeFly to Secure Small Business Loan to Open His First Restaurant Entrepreneur receives an SBA loan to open a fast casual pizza restaurant in Castle Rock, Colorado New York, NY – June 28, 2017 – BoeFly, the premier online marketplace that connects business borrowers and lenders from across the nation, announced that Craig Tappin, an Uncle … Read More
An excerpt of an article by Mary Jo Larson of the Franchise Times. All the gnashing of teeth over the SBA Registry rule change may be for naught, since the four points the SBA has pulled out into an addendum are best practices most franchisors are already doing. Or so said a panel of franchisors and lenders that discussed the … Read More
On Nov. 22, 2016 the SBA issued a rule change that will impact all franchise brands who want their franchisees to have access to SBA financing. BoeFly has assembled at panel of legal, banking and franchise experts to share their perspective on this major change in the recorded webinar below. Target audience: Franchisor management Panelists: Nancy Broudo, SVP, BoeFly Jeff … Read More
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
Emerging franchise brands face a unique set of challenges and pitfalls. Smart brand executives learn from the mistakes made by others. Watch this recorded featuring franchise experts as they explore the 5 worst mistakes made by emerging brands and best practices for brands. Panelists inclue Matt Alden, President, Franchise Solutions & Frachise.com, Aaron Chaitovsky, Partner, Citrin Cooperman, Keith Gerson, President, FranConnect, Robert Mitchell, Vice President of … Read More
BoeFly is excited to announce that industry veteran, Nancy Broudo has joined the BoeFly team as Senior Vice President of Franchise Development. Broudo is expected to further strengthen BoeFly’s role as a leader in the franchise finance industry. Broudo is a established and respected with deep roots in franchise finance, sales management, client services and leadership development. Broudo was a natural fit for … Read More
Leading franchisors are adopting an innovation to trade out their dead franchise leads for new ones. Watch this recorded webinar below: Leading franchisors are adopting an innovation to trade out their dead franchise leads for new ones, known as Franchise Field. This new development addresses a long standing dilemma: brands invest meaningfully to generate new leads knowing that only … Read More
BoeFly Job Opening: The Transaction and Sales Support role at BoeFly is responsible for providing administrative processing support for all inbound lead/customer activity. The role ensures data control on the company’s systems, initial sales inquiry support and other front-line functions.
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