Jamba Juice and BoeFly have entered into a new partnership whereby Jamba Juice will leverage the matching technology of BoeFly’s online loan marketplace to help its current and prospective franchisees more efficiently and effectively secure the financing they need to grow and/or start there Jamba Juice franchises.
Furthermore, Jamba Juice will be utilizing BoeFly’s bQual tool, a fundability assessment report that includes a borrowers FICO and SBSS credit scores and help educates borrowers about their attractiveness to potential lenders, as part of their franchisee development process. By using bQual, Jamba Juice will provide their prospective franchisees with a valuable early-stage tool in assessing their likelihood of securing financing; additionally, Jamba Juice will be strengthening its own lead analysis efforts by understanding up front the credit profiles and potential fundability of prospective franchisees.
Jamba Juice has also engaged BoeFly to verify the financial information on new franchisee applications in a further attempt to help the brand better understand at an early stage which prospects are most likely to become successful franchisees. By embracing BoeFly’s loan packaging services and online loan marketplace, as well as BoeFly’s bQual tool and financial information verification services, Jamba Juice has positioned itself to become a leading brand in the area of offering franchisees a complete and thorough suite of financing solutions.
Read the Full Press Release on MarketWire.