Dickey’s Barbecue Selects BoeFly to Assist Franchisees in Obtaining Bank Financing

Jessica SarterPress Releases


Dickey’s Barbecue and BoeFly Partner to Support Franchisees Nationwide

BoeFly, the online marketplace connecting small business borrowers with lenders and a strategic ally of the International Franchise Association to expand credit access within the franchise community, recently announced that Dickey’s Barbecue Restaurants, Inc. has selected BoeFly to assist its franchisees in obtaining bank financing.

In an International Franchise Association (IFA) survey of its members, nearly half (49.2 percent) identified “financing/access to credit” as the top issue of concern for franchise business leaders. In response to this, BoeFly offers a portfolio of services for the franchisor market. Through BoeFly, brands can offer franchisees access to a network of lenders through the posting of a single loan request on BoeFly’s Internet-based loan exchange, assistance in creating an effective loan request, and support managing lender inquiries. BoeFly uses proprietary matching technology to connect franchisees with lenders.

“Dickey’s Barbecue has a proven concept with exceptional offerings – our explosive growth over the last two years shows we are on the right track as a brand and there is no stopping our growth potential,” said Roland Dickey, Jr., President and CEO of Dickey’s Barbecue Restaurants, Inc. “To keep up with our exceptional growth, we’re excited to offer BoeFly to support our owner/operators.”

Dickey’s Barbecue Restaurants, Inc. was founded in Dallas, Texas in 1941 when Travis Dickey set out to perfect Texas-style barbecue. 72 years later the Dickey family continues the tradition of hickory-smoked signature meats in each of their 368 restaurants.

“Great franchise brands recognize that it is critical to support their franchisees in all business aspects, and financing is a headline issue,” said Mike Rozman, co-president of BoeFly. “BoeFly eliminates the systemic inefficiencies that borrowers face in securing financing by positioning the franchisee to build a complete financing request securely online and then connecting franchisees with banks that are ready and willing to lend. The entire BoeFly team is very pleased to be working with Dickey’s Barbecue and to support their exciting growth goals.”

Read the full press release on prweb.com