Richmond TCBY Owners Secured Start-Up Financing Through BoeFly to Open Frozen Yogurt Shop

Jessica SarterPress Releases, Successful Fundings

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BoeFly connects Richmond, Va. husband-and-wife franchisees with local bank for a start-up SBA loan to finance Richmond’s first TCBY location, which opened in December 2012

 

Les and Claudia Davis, husband-and-wife TCBY franchisees in Richmond, Va., have been able to secure a start-up SBA loan through a connection made by BoeFly.  With the loan, the Davises opened Richmond’s first TCBY store, located at 9468 West Broad Street, in December. TCBY (The Country’s Best Yogurt), part of Famous Brands International, is an international franchise chain of frozen yogurt stores and the largest U.S. retailer of soft-serve frozen yogurt with live active cultures.

 

“As entrepreneurs, Les and I have learned the great amount of efficiency and resourcefulness required in the start-up process, and we have applied this in our search for financing as we prepared to open our first frozen yogurt store,” Claudia Davis said. “We found BoeFly to be an ideal solution that offered us a variety of funding options and connected us with a bank right in our area.”

The Davises’ loan request received interest from several lenders across the country, and after evaluating the financing options, they chose to connect with a Richmond bank.

Read the full press release at prlog.com