BoeFly Increases Loan Compatibility for Franchises

Mike RozmanBoeFly In The News

BoeFly Las Vegas Review Journal

Franchise Finance & Growth Conference at The Venetian on Thursday, March 27, 2014. (Samantha Clemens/Las Vegas Review-Journal)

Regarding the recent article “Lenders ‘back in the game’ of Financing Franchises “ featured in the Las Vegas Review Journal, BoeFly was mentioned as a significant matchmaker for franchisees and franchisors obtaining quality financing from approved lenders.

BoeFly attended the Franchise Finance and Growth Conference held at The Venetian in Las Vegas, this past week looking to match lenders and franchise owners. While at the conference, we were able to offer advice to franchisors on financing issues, by matching them with potential lenders. Las Vegas Review Journal, Author Alan Snel highlighted that “To grow their brands and revenue, restaurant companies need to help get financing to qualified franchise owners. Meanwhile, lenders need to generate revenue from loans to placate shareholders.” which is where our loan matchmaking makes the process possible and much more efficient.

As explained also by Snel “Under the Checkers-Beefy partnership, franchise candidates can access information such as statistically valid small-business credit scores, consumer credit scores, score explanations and feedback on how lenders typically view the scores.” via BoeFly. Read the Full Article Here: Lenders ‘back in the game’ of Financing Franchises

BoeFly was also mentioned regarding our appearance at the conference, in this week’s IFA SmartBrief discussing how we are contributing to helping small businesses on the ‘lending rebound’