BoeFly connected Baskin-Robbins franchisee with a lender for a start-up loan that closed today to open his first Baskin-Robbins shop.
BoeFly, the ground breaking platform that connects small business borrowers with lenders, announced today that Muhammad Ahsan, Baskin-Robbins Franchisee, secured a start-up loan to open a Baskin-Robbins shop through a connection made through BoeFly to one of BoeFly’s 3,600 participating lenders. BoeFly was established to make business loans easy. BoeFly formed a strategic alliance with the International Franchise Association (IFA) to expand credit access within the franchise community. Muhammad Ahsan comes from a family steeped in small business owners. Since age 16, Ahsan has been helping operate and manage his family business, learning the ins and outs of what it takes to be a successful business owner from his father, who is his mentor. With management experience under his belt, Ahsan decided it was time to become a business owner himself and saw the family-friendly environment of Baskin-Robbins as a perfect fit for the type of small business he wanted to own. Ahsan, a budding entrepreneur, knew that getting financing would be the key to reaching his lifelong goal of owning and operating a Baskin-Robbins restaurant.
“I have very strong operating and management experience, but I knew securing a loan for my first business could be difficult. Luckily, I was directed to BoeFly, which simplifies the loan seeking process and makes the process more efficient. BoeFly introduced me to my lender, Eleina Leon, from AccessBank, and now I am on my way to becoming a business owner. I will be sure to use BoeFly every time I need financing,” said Muhammad Ahsan.
When Muhammad Ahsan submitted his loan request to BoeFly, he received several funding offers from lenders. He ultimately chose to work with Eleina Leon, VP/Business Development SBA from AccessBank in Denton, TX. Eleina Leon said, “I’m thrilled to have met Muhammad Ahsan, a driven entrepreneur with a huge career in front of him, through BoeFly. My bank is looking to grow and I used BoeFly to efficiently make an SBA loan to a borrower I wouldn’t have found otherwise. BoeFly is an important and easy way for my bank to find business borrowers. I look forward to financing more small business owners I find on BoeFly in the future.”
“BoeFly was created to make sure business owners like Baskin-Robbins franchisee, Muhammad Ahsan, have the easiest possible access to financing. The more efficiently business owners can secure the financing they need, the more jobs get created. I applaud Dunkin’ Brands for making BoeFly available to Muhammad, as it is clear evidence that they position their franchisees for success. I also congratulate Eleina from AccessBank who, by relying on BoeFly to make more business loans, has efficiently grown his bank’s loan portfolio,” said Michael Rozman, Co-President of BoeFly. Currently, Baskin-Robbins, part of Dunkin’ Brands, has more than 7,100 retail shops in nearly 50 countries and is growing worldwide. As Baskin-Robbins continues to grow, access to capital for its franchisees is critical.
PR originally posted on prweb.com