Pizza franchise loans can be difficult to secure in today’s economy. But it will no doubt be getting easier for Cici’s Pizza franchisees, as the company has just decided to embrace a new partnership with BoeFly, the premier online marketplace connecting small business borrowers with small business lenders. Cici’s Pizza has decided to harness the matchmaking technology of BoeFly to help its franchisees secure the pizza franchise loans they need to open new and expand existing locations.
Obtaining bank financing is often one of the most frustrating aspects for small business owners or eager first-time entrepreneurs wanting to open a new franchise. By partnering with BoeFly, Cici’s Pizza has taken a powerful step toward helping its franchisees efficiently and effectively secure the funding they need. The days of going from bank to bank, recreating the same application over and over and likely getting turned down each step of the way, are no more. Now, by using BoeFly, Cici’s pizza franchisees will be able to create a single, bank-ready financing request, post it on BoeFly’s online marketplace, and reach potential lenders nationwide at once with a single application. That single application, along with the necessary documentation uploaded by the borrower, will then be able to be viewed by thousands of participating lenders throughout the country who may be interested in financing the deal. By generating simultaneous interest from multiple lenders, Cici’s pizza franchisees will now be in the unique and advantageous position of being able to shop for the best deal and therefore secure the most favorable terms for their loan product.
“Cici’s goal for 2011 is strategic and sustainable growth. We’re working with a number of industry leaders like BoeFly to connect future franchisees with top-notch services to ensure business success. – Bill Spae, CiCi’s Pizza Chief Development Officer
Read The Full Press Release Here: CiCi’s Pizza Selects BoeFly to Assist Its Franchisees in Obtaining Bank Financing – Press Releases