Papa Murphy’s Franchisees in North Carolina Secure SBA Loan to Open Second Pizzeria

Jessica SarterPress Releases, Successful Fundings

Papa Murphy's2

BoeFly connects Hickory, N.C. borrowers with a local bank for an SBA expansion loan to open their second Papa Murphy’s location in Charlotte

Papa Murphy’s is the fifth-largest pizza chain in the country and the pioneer and leader of the take-and-bake pizza segment. Papa Murphy’s operates more than 1,300 franchised and corporate-owned locations in 37 U.S. states and Canada.

“When we decided to expand and open a second store, Sharon and I wanted the process of seeking an expansion loan to be as efficient as possible, and Papa Murphy’s was very helpful in positioning BoeFly as a resource that helped us connect with a bank and secure the financing we needed,” said Mark Slaughenhoupt. “We look forward to opening our second location and bringing quality take-and-bake pizzas to our customers.”

When the Slaughenhoupts submitted their pizza franchise loan request to BoeFly, they received 14 funding offers from lenders as far away as Michigan and New York. They ultimately chose to work with a local bank.