Kiddie Academy Owners in Fort Wayne Secure Small Business Loan to Open Childcare Center

Jessica SarterPress Releases, Successful Fundings

Kiddie Academy

BoeFly announced today that Hajira and Zubair Khan, husband-and-wife franchisees of Kiddie Academy in Fort Wayne, Ind., secured a small business start-up loan through a connection made by BoeFly. The Khans will open their education-based childcare center in August 2013.

Hajira, who has a degree in Elementary Education, previously taught Kindergarten and preschool and was an assistant director at a KinderCare Learning Center; Zubair opened Fort Wayne Vision Associates, a successful optometry practice, in 2004.

“With my background in early childhood education and Zubair’s as a business owner, we knew Kiddie Academy was the ideal business for us to go into,” said Hajira Khan. “This would not have been possible without the start-up loan we got through BoeFly, and now that we have the financing, we are excited to bring a new childcare center to Fort Wayne.”

When the Khans submitted their loan request to BoeFly, they received several funding offers from lenders. They ultimately chose to work with Larry Frank, vice president of SBA lending at Conestoga Bank in Philadelphia, Penn. – more than 600 miles away from Fort Wayne.

“If it were not for the BoeFly platform, we would never have connected with the Khans to fund their loan,” Frank said. “We very much value our new relationship with the Khans and wish them the best of luck with their upcoming opening, and Conestoga will continue to use BoeFly as a resource to connect with other qualified borrowers.”

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