This week on Franchise Today, host, Paul Segreto, and co-producer, Joe Caruso welcome David Nayor, Co-President and COO, and co-founder of BoeFly, one of the primary hosts and sponsors of the upcoming Small Business Lending Summit in Washington DC on April 17th. David will provide his insight into the Summit as well as share his perspective on the current state of small business lending and credit access.  … [Read more...]

Congratulations to Kevin Ellis, BoeFly's Lender of the Year Recipient! … [Read more...]

BoeFly will be attending IFA Annual Convention's Financial Summit starting on on Feb 11th: "Some in franchising say small-business lending is up, but many current and potential franchisees are struggling to get loans. Where are the solutions? At the IFA Annual Convention's Financial Summit on Feb. 12, 28 experts from Bank of America, JPMorgan Chase, alternative lenders, the SBA and The Wall Street Journal, along with accomplished franchise leaders, will hash out the challenges and potential answers. Don't miss this solutions-driven dialogue among the industry's inside players. The IFA Annual Convention is Feb. 11 to 14 in Orlando, Fla." via  SmartBrief.com … [Read more...]

  We repeatedly hear banks say they want to understand the franchise brand and not just the franchisee borrower.  Join us for a complimentary webinar as leading lenders and franchisors explore this topic and discuss the role the Bank Credit Report, produced by FRANdata, plays in this area. Join Us  March 1, 2012 at 2:00 ET.  Visit here to register Topics to be covered include: An overview of the Bank Credit Report (SM) How banks use the report in their credit decision process How do growing brands use the report Is the report a fit for young/emerging brands What if the report presents a less than positive view Panelists include: CiCi's Pizza - Jeff Moran, Assistant Corporate Controller Kiddie … [Read more...]

Top Business Lenders Discuss Best Practices in Franchise Finance  Around the country banks are being faced with a question:  “should franchise loans be evaluated differently than independent business loans?  And if so, what are the best practices in originating and closing franchise loans?” BoeFly has assembled a panel of leading lenders, including a national, regional and community bank, an equipment leasing firm, a specialty finance company and an independent analyst to explore this important topic. Join us to hear from this expert panel about what is important to them in evaluating franchise loans. January 11, 2012 at 2:00 ET, Click here to register Atlantic Coast Bank - Kevin Ellis, VP Balboa Capital - Robert J. Rasmussen - COO, Chief Risk Officer Bank of … [Read more...]

BoeFly announces the 2011 BoeFly Lender of the Year Award Competition.  The Award recognizes those top lenders who have exhibited the attributes of the Ideal BoeFly Lender in 2011.   Innovative Responsive Serves their client’s needs Embraces smart technology Is diligent Executes well All BoeFly members – business borrowers, franchisors, professional consultants and lenders - are invited to nominate the lender(s) with whom they have interacted during the previous year who exemplify the attributes of the Ideal BoeFly Lender.  Self-nominations are welcomed.  The winner will be selected by the BoeFly Lender Award Committee, which includes Bob Coleman, publisher of the Coleman Report, a leading publication dedicated to small business lending and Mary Jo Larson, … [Read more...]

BoeFly.com exec Mike Rozman joined leaders from the SBA, IFA and NAGGL to celebrate Veterans Day and share how the organizations are working together to help veterans obtain jobs and create jobs through franchising.   The group gathered at a veteran-owned UPS Store on Boston’s top shopping strip – Newbury Street. SBA Administrator Mills, who has lead the agency to record loan originations, was in from Washington to share how the SBA delivers veterans vital loan programs, but also key educational support.  In particular she highlighted the Entrepreneurs Bootcamp for Veterans with Disabilities which BoeFly is proud to support with free access to its loan marketplace. Steve Caldeira repeated the commitment he made a day earlier at the Whitehouse, in which the IFA community would … [Read more...]