Sloan’s Ice Cream Selects BoeFly To Assist Its Franchisees In Obtaining Bank Financing

Jessica SarterPress Releases

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Sloan’s Ice Cream to offer BoeFly’s Concierge Team Services to its franchisees nationwide

Sloan Kamenstein founded Sloan’s Ice Cream in 1999 in West Palm Beach, Fla. Since then, Sloan’s Ice Cream shops have become destination favorites for South Florida residents and visitors alike. Plush toys line the walls, Sloan’s homemade sweets fill the countertops, and rich original ice cream flavors are served, made from the finest ingredients. Now, Sloan and his leadership team are launching an aggressive franchise growth strategy targeting Florida, California, the Carolinas, Georgia, New York and New England, along with additional areas nationwide. Sloan’s has already signed two franchising agreements, one with a franchisee in Southern California, another in South Florida. Company projections call for the first franchised Sloan’s Ice Cream shops to be near completion in early 2013, with additional openings throughout the year. Sloan’s anticipates a total of approximately 200 U.S. locations in the coming years.

“Everything about Sloan’s has been well thought out,” said David Wild, Sloan’s director of franchising, “From our twinkling chandeliers and mouthwatering display cases, to the posh pink walls and ceilings, coming to Sloan’s is an escape from reality. With our planned expansion, we’re excited to offer BoeFly to support and position our franchisees to obtain financing.”

“Every franchisor faces significant challenges,” said Mike Rozman, co-president of BoeFly. “Franchise lending has been down by as much as 40 percent in the past two years due in part to the inefficiencies in the lending process that have been exposed by the financial crisis. BoeFly eliminates these inefficiencies by connecting franchisees with banks that are ready and willing to lend.”

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