Famous Dave’s Selects BoeFly to Assist Its Franchisees in Obtaining Financing

Jessica SarterPress Releases

Famous Dave’s of America Inc. has announced that it will be working with BoeFly to help Famous Dave’s franchisees secure financing for both existing and new franchises across the country.  Famous Dave’s now joins the ranks of hundreds of other franchise brands that have decided to harness the efficiency of BoeFly’s online technology to improve franchise financing opportunities and to allow a greater variety of potential lenders to view, gain access to, and ultimately fund franchise financing requests.

“Famous Dave’s continues to look for opportunities to support its franchise partners with their growth and BoeFly’s platform represents an additional tool to help connect our franchisees with cost-effective financing.” – Christopher O’Donnell, CEO of Famous Dave’s of America Inc.

Securing financing has proven to be a major obstacle to franchisees across the country. In a poll conducted by the International Franchise Association (IFA) almost half of respondents indicated that gaining financing for their franchises was a major concern and a roadblock often encountered in trying to start a new, or grow an existing, franchise unit.  Famous Dave’s new partnership with BoeFly will allow its franchisees to better overcome that hurdle by helping franchisees secure financing through through its online online access to more than 3,600 lenders.

Currently there are 180 Famous Dave’s locations throughout 37 states offering award-winning bar-b-q along with salads, sides, sandwiches, and desserts. Many grocery stores throughout the country stock Famous Dave’s sauces and spices.

Famous Dave’s and hundreds of other brands have now turned to BoeFly to help their small business owners throughout the country gain access to franchise financing opportunities. BoeFly’s technology permits franchise borrowers to post a single financing request package; and Famous Dave’s is now eager to embrace that technology to allow its franchisees to connect with lenders and therefore secure franchise financing in a more efficient and cost-effective way.

 

Read The Full Press Release Here: Famous Dave’s of America Inc. Selects BoeFly to Assist Its Franchisees in Obtaining Bank Financing