Franchisors Limit Risks with BoeFly’s Asset Verification

Emma GrubmanFranchise Finance

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Opening a franchise, like any business venture, comes with a handful of risks—especially on the end of the franchisor. Franchisees could fail to open their unit, have too little working capital to be profitable and successful, or even become future litigants, having been subjected to the aforementioned.  One way that franchisors can minimize these risks is by verifying assets, or … Read More

Palmetto Twist Franchisees Secure SBA Loan With BoeFly

Emma GrubmanSuccessful Fundings

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Matt and Haley LaMarche are not newcomers to the corporate world. The couple spent years working their way up the corporate ladder—Matt as an executive at one of the nation’s largest insurance companies, and Haley as an early childhood educator. And while they were happy with their success, they always wanted the chance to run their own business. It was … Read More

BoeFly Helps Veteran Secure Loan for Wayback Burgers

Emma GrubmanSuccessful Fundings

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When Navy veteran Darrell Gobble decided to open his own business, he was immediately drawn to the world of franchising and the option of joining an established brand with a built in support system for new franchisees. It was this notion that initially led him to UPS Store—his first business venture in the franchise world. After successfully opening and running … Read More

BoeFly Helps Baskin-Robbins Franchisees Secure SBA Loan

Mike RozmanSuccessful Fundings

Baskin-Robbins

For those who dream of owning a business, they quickly learn that putting ideas into action is no small feat, especially when it comes to securing proper financing. Such was the case for Army veteran Mathew Nesbett and his wife Bridget. Even with years of both retail and restaurant experience, the couple encountered difficulty when it came to securing the … Read More

Senior Helpers Franchisees Secure SBA Loan Through BoeFly

Emma GrubmanSuccessful Fundings

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For those in the business of helping people, the first draw to opening a business stems from the importance of selfless acts of kindness. Such was the case for Jim and Karen McGee when they decided fulfill their dream of opening a franchise branch of the company Senior Helpers, one of the largest in-home senior care organizations in the United … Read More

BoeFly Helps Family Secure Loan for New Wok Box Location

Emma GrubmanSuccessful Fundings

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When it comes to good, wholesome food, Dropiate Singh of Jacksonville, Fl. doesn’t mess around. Originally the owner of a small food shop in Guyana, Singh has a deep rooted passion for serving up authentic cuisine paired with top-notch customer service that leaves customers happy and hungry for more. But after moving to the United States in 2004 with her … Read More

MaidPro Franchisee Secures Loan Through BoeFly

Emma GrubmanSuccessful Fundings

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With 27-years of work experience within the healthcare field, specifically delivering paraprofessional service throughout New York, Noel Serrano gained an understanding of how to manage employees effectively, while still embracing a team atmosphere conducive to great work. While Serrano continued to grow throughout his career in healthcare, he wanted to build on his experience in a way that allowed him to … Read More

Husband and Wife Open Koko FitClub

Jessica SarterSuccessful Fundings

Koko FitClub Exterior

Ruben and Meraris Brignoni were uniquely well situated to embrace the technologically unique approach provided by Koko FitClub and open a new franchise location in their Florida area. They both had strong backgrounds in health and nutrition and were determined to own and run their own business. Luckily for them, Koko is a BoeFly member and harnesses that partnership regularly … Read More

How bQual Could Rewrite Franchise Development

Jessica SarterBoeFly In The News

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BoeFly has introduced a new tool, bQual, which should transform the franchise development process by giving financial confidence to franchisees and prospects during the research and discovery period. bQual provides borrowers with key financial details, such as the SBSS by FICO (business credit score), FICO score, and financial assessment. “When we built bQual, it was with the idea that a … Read More

Fitzgerald Couple Secures SBA Loan Through BoeFly to Open Meineke Franchise

Emma GrubmanSuccessful Fundings

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Becoming a franchisee is no small task, no matter what level of experience. Even with 25 years of combined management experience, Ciaran and Christina Fitzgerald still needed guidance when it came to securing the financing they needed to open their own Meineke franchise location. Because the couple decided to work closely with BoeFly’s financing experts throughout the process, they were … Read More