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

BoeFly Helps Baskin-Robbins Franchisees Secure SBA Loan

Mike RozmanSuccessful Fundings

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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

Burger 21 Franchisee Secures Financing

Jessica SarterSuccessful Fundings

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Wade and Parisa Googe first started thinking about opening a restaurant back in October of 2014. They found both that opportunity and support in Burger 21, a gourmet hamburger franchise concept that is growing quickly throughout the country. Having never owned a restaurant before, they wanted to make sure they pursued an opportunity that would give them all the support … Read More

What the Fed’s Interest Rate Hike Means for Financing

Jessica SarterFranchise Finance

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For the first time in almost a decade, the Fed has raised interest rates. What does this mean for franchising? Mike Rozman, President and CEO of BoeFly shared his thoughts today since franchisees and franchisors alike have raised their hands. “The economy is healthy and that’s good news for growth,” said Rozman. Coming out of the recession the Fed’s interest … 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

Wings Etc. Franchisee Secures Financing Through BoeFly

Jessica SarterSuccessful Fundings

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Chris Niedbalski, a Wings Etc. franchisee from Fishers, Indiana, secured financing with a lender he met through BoeFly, the online marketplace for small business lending. With assistance from BoeFly loan specialists, Niedbalski packaged and posted his loan request to BoeFly’s online exchange platform. Once posted, his loan request connected him with several interested lenders, but he ultimately decided to close … Read More

AAMCO Inegrates BoeFly Into Franchise Growth Strategy

Jessica SarterPress Releases

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The strategic partnership between leading transmission and auto care specialist, AAMCO, and BoeFly, the online marketplace for business lending, will fast-track AAMCO’s growth strategy as the brand continues to expand nationwide. Through this partnership, AAMCO franchisees gain access to BoeFly’s extensive and geographically diverse lender network where franchisees can connect with the right lender for their financing needs. “At AAMCO, … Read More

Matco Tools Collaborates with BoeFly to Accelerate Franchise Loan Acquisition

Jessica SarterPress Releases

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Major American tool manufacturer, Matco Tools, collaborates with BoeFly to accelerate the process for franchise loan acquisition. To bolster Matco’s ability to service the nation’s professional mechanics and construction enthusiasts, BoeFly will help Matco to efficiently finance the development of the franchise. With access to BoeFly’s portfolio of services, new Matco franchisees can create effective loan requests and connect efficiently … Read More

Extra Innings Selects BoeFly To Assist Franchisees to Obtain Bank Financing

Jessica SarterPress Releases

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Massachusetts-based indoor baseball and softball training franchise, Extra Innings, recently collaborated with BoeFly as it begins to expand the franchise nationwide. As the premier online marketplace for small business lending, BoeFly will aide Extra Innings as the company works to obtain bank financing for each new store opening. Recognized as the premier Baseball and Softball organization in the country, Extra … Read More

Toppers Pizza Franchisee Secures SBA Loan Through BoeFly

Jessica SarterPress Releases, Successful Fundings

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Franchisee Myron Allen secured an SBA loan through BoeFly, the online marketplace for business lending, and takes one step closer to opening his very own Toppers Pizza. With locations in Illinois, Minnesota, Indiana, Michigan, Ohio, and North Carolina, Toppers Pizza is quickly expanding its presence in the U.S. However, many franchisees, like Myron Allen, interested in becoming small business owners … Read More