New York, New York – BoeFly, the premier marketplace for small business borrowers and lenders which has supported franchisees from more than 600 unique brands, announced that a new franchise owner, recently acquired two existing Pure Barre studios after using BoeFly to source funding for the acquisition.
The new franchisee, a proven business executive who is staying in his current job and therefore requested to remain unnamed, sought to acquire two Pure Barre studios to create long term value. As a busy, full time professional, the franchisee recognized that he didn’t have time to drive from bank to bank looking for financing for his acquisition, which is why he decided to rely on BoeFly.
“I have been following Pure Barre’s exciting success and I knew it was the right opportunity for me. The locations I identified to purchase are winners, but I knew financing was going to be critical for me to close the acquisition. I’m so grateful to my BoeFly dedicated specialist, who helped me efficiently secure competitive financing,” explained the franchisee. “The best part was I didn’t have to spend any time visiting banks.”
“Here at BoeFly, we are committed to delivering small business owners like this franchisee, efficient, competitive financing,” said Mike Rozman, BoeFly’s CEO. “We know new franchisees have a ton on their plate which is why BoeFly exists: we address financing so the franchisee can focus on their business. We are pleased to have supported this franchisee’s acquisition of two Pure Barre studios and we wish him all the best.”
BoeFly helps prospective and existing small business owners secure fast, efficient and competitive financing through its online matching platform, which connects borrowers with lenders from among its more than 5,000 participating banks and specialty finance companies. Lenders benefit by being presented with only those loan requests that fit their lending profile, dramatically lowering their time and cost of origination.
BoeFly’s Franchise Sales & Financing System, centered on BoeFly’s patented solution, bQual™, has proven to increase a brand’s lead to sales conversion rate. BoeFly is the leader in franchise lending solutions, having supported franchisees from more than 600 unique franchise brands including Meineke, Papa Murphy’s and Jamba Juice.
Founded in 2010 by small business owners and small business lending experts, BoeFly’s marketplace has accommodated over $5 billion in transactions. For more information, visit www.boefly.com.
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