First time business owners, Jay and Renee Davis, worked with BoeFly, the online marketplace for business lending, to secure a SBA loan for a Meineke Car Care franchise in Monroe, LA. Aware of the need for reasonably priced capital to operate a successful business, the Davises worked closely with BoeFly experts who reduced the time and frustration typically associated with the financing process.
“Our devoted loan specialist at BoeFly really helped us,” said Jay Davis, “guiding us through the entire process and matching us with impressive lender options. We are so grateful that Meineke has partnered with BoeFly to help franchisees like Renee and I secure the financing we needed quickly and easily.”
BoeFly assisted Jay and Renee Davis to assemble and present a competitive loan package to potential lenders in BoeFly’s database. With an extensive network of more than 5,000 lenders, BoeFly has the ability to match franchisees with lenders specifically interested in financing their project. Jay and Renee Davis matched with Craig Kaffenberger, Vice President of the SBA Division at T-Bank, who closed the Davis’s Meineke Car Care loan.
“Deciding to extend a small business loan to Jay and Renee was an easy decision for us,” said Kaffenberger, “and we continue to find great success in meeting qualified and worthy borrowers through our BoeFly relationship.”
Franchisor Meineke Car Care provides BoeFly as a valuable lending solution for both established and prospective Meineke franchisees. Recognizing the value in BoeFly’s ability to streamline the financing process for franchisees, Meineke incorporates BoeFly as an integral part of its future growth strategy.
“Meineke is committed to strong, steady growth and we remain committed to delivering proven support and guidance to our franchisees with financing being a crucial way we help,” said Danny Rivera, President of Meineke. “BoeFly is a key partner that really streamlines the loan process so franchisees can open the door to profitability sooner.”
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