Perhaps the single most important part of the franchise sale is the franchise application process. In particular, franchisors should integrate efficient and thorough vetting and due diligence steps within their application process to ensure the quality of prospects who apply for franchise ownership.
NEW YORK – November 19, 2021 – BoeFly, the leading financial technology company specializing in franchise solutions, announced today that first-time franchisee, Jonathan Barlow, has successfully secured funding through the platform to open his first Pet Supplies Plus.
Business loans can come in all shapes and sizes. Whether you’re looking to get your business off the ground or need some additional financing to help take your company to new heights, the right business loan can help you do just that.
NEW YORK – October 15, 2021 – BoeFly, the leading financial technology company specializing in franchise solutions, announced today that first-time franchisees, Christy and Jim Boswell, have successfully secured funding through the platform to open their Scenthound locations.
Owning a franchise can be extremely beneficial for entrepreneurs who want to own their own business, but don’t want to start from scratch. When you go the franchise route, you’ll benefit from having a proven brand and franchise system from day one.
Franchising can be a great opportunity for many business professionals. With tried-and-true processes and corporate support, opening and running your very own franchise offers the freedom of business ownership while allowing you to benefit by operating under a proven brand.
If you or someone you know is looking into starting a business and needs financing, then our story could save them a great deal of money, frustration, and disappointment.
NEW YORK – August 4, 2021 – BoeFly, the leading financial technology company specializing in franchise solutions, announced today that experienced multi-unit operator, Jack Litman, has successfully secured a conventional loan for refinancing on the company’s platform. Leveraging the loan secured, Litman refinanced the existing debt on his seven SONIC locations across Pennsylvania and New Jersey.
As the economy bounces back and the U.S. transitions out of the pandemic, small-business owners will need access to capital to both recover and grow. However, since federal relief from the Paycheck Protection Program ended on May 31, business owners may be wondering where to get financing or looking for new options after an unsatisfactory PPP experience with a particular lender.
NEW YORK – July 23, 2021 – BoeFly, the leading financial technology company specializing in franchise solutions, announced today that multi-unit operators, Rakesh Kalotra and Rajesh Singh, have successfully secured financing to expand their franchising network through the company’s platform.