BoeFly, the leading financial technology company specializing in franchise funding solutions, announced today that franchisee, Nathan Coyle, has successfully secured funding for his first Jamba Juice franchise. Nathan has progressed through the financing process to open his startup location based in Oakley, California.
Effective March 7, 2025, the U.S. Small Business Administration (SBA) has introduced stricter citizenship verification requirements for loan applicants.
BoeFly, the leading financial technology company specializing in franchise funding solutions, announced today that franchisee, Ryan McGrail, has successfully secured funding for his first Sip Fresh franchise, and Sip Fresh’s first locations in Florida. Ryan has progressed through the financing process to open one of the new specialty beverage locations in Orlando, Florida.
A new year means a new start. For some, this could mean making the leap to a more meaningful career path by owning a franchise business. For franchise brands, it may mean implementing new growth strategies for the coming year. Let’s explore the franchise trends for 2025, and how they affect franchise financing solutions for both franchisors that want to grow and borrowers that want to finance their ownership dream.
BoeFly, the leading financial technology company specializing in franchise funding solutions, announced today that Melting Pot franchisees, Daina Senatore and Jonathan Reeve, have successfully secured funding through BoeFly’s financial lending platform. The couple will open their first Melting Pot location in New Haven, Connecticut.
In December, the Federal Reserve reduced the federal funds rate by .25%, the third reduction since September. The new federal funds target rate is 4.25% to 4.5%. Lower interest rates sound good, but how do they actually impact franchisees looking to borrow and franchisors looking to develop more units? And should borrowers wait to secure financing in case interest rates drop again? Keep reading to learn more about how BoeFly can make franchise lending work for you, regardless of current interest rates.
BoeFly, the leading financial technology company specializing in franchise funding solutions, announced today that Tropical Smoothie Cafe franchisees, Jerri and Elliott Temple, have successfully secured funding through BoeFly’s financial lending platform. The couple will open their first Tropical Smoothie Cafe in Milton, Georgia, a suburb of Atlanta.
The results from our latest Franchise Growth Confidence Index- BoeFly’s quarterly survey measuring how certain economic conditions and external factors affect franchisors’ growth – was recently published by Franchise Times. Between September 19 – October 2, 2024, we surveyed nearly 700 franchisor executives to determine if there were any significant changes in franchisor sentiment regarding domestic franchise growth.
BoeFly has been helping both franchisors and franchisees accelerate growth since 2010. For franchisors, this means finding the most efficient way to diligence new franchisees. For franchisees, BoeFly delivers a more efficient and competitive funding process to help secure the financing needed to open.
NEW YORK – October 8, 2024 – BoeFly, the leading financial technology company specializing in franchise solutions, announced today that first-time franchise owner, Moneshia Washington, has successfully secured funding through BoeFly’s platform to open her first franchised Wetzel’s Pretzels location in Fresno, California.