Franchisees, new and existing, know that access to capital is a critical item on their path to opening and growing. Combine that with record fast-rising interest rates and a looming recession and we know franchisees need information now more than ever. Listen in below as a panel of experts discuss topics around the state of franchise lending, pitfalls to avoid, and tips for success!
NEW YORK – January 13, 2023 – BoeFly, the leading financial technology company specializing in franchise solutions, announced today that Lanetta Williams, new Smoothie King franchisee, has successfully secured funding through the BoeFly platform to open her first location in Dallas, TX.
Even if you’re familiar with the business model or industry you’re entering, financing a franchise can be challenging. A considerable part of this challenge lies in finding the right lender, efficiently moving through the bank underwriting and closing process, and understanding the requirements every step of the way. This process can be confusing and time-consuming if you’re unfamiliar with the lending process. That’s where BoeFly comes in. Our Specialists will guide you through every step of the franchise financing process, and our secure online platform helps make things quick and easy. “The most rewarding part of my job is helping first-time business owners achieve their dreams of opening their own business. These business owners appreciate the hands on approach our Funding Services team provides throughout the financing process.” – Brooke Ingram, Senior Director of Funding
NEW YORK – December 1, 2022 – BoeFly, the leading financial technology company specializing in franchise solutions, announced today that Drake Reynolds, Granite Garage Floors franchisee, has successfully secured a start-up loan through the BoeFly platform to open his first location in San Antonio, TX.
What should you know about Small business Financing going into 2023?
NEW YORK – Sept. 23, 2022 – BoeFly, the leading financial technology company specializing in franchise solutions, announced today it assisted a seasoned franchisee with successfully securing funding to acquire an automotive business and convert it to a Meineke Car Care Center.
NEW YORK – Aug. 22, 2022 – BoeFly, the leading financial technology company specializing in franchise solutions, announced today that first-time franchisees Claudia Roca and Alvaro Curiel have successfully secured funding through the platform to open their first Wetzel’s Pretzels.
When it comes to securing the financing you need to expand your business portfolio or jumpstart that next growth spurt, the process can be overwhelming. The logical first step would be to approach a bank. But is that really the best choice? Approaching bank after bank and navigating the paperwork can be a drain on your time and productivity. There is a better way. Here are three reasons you should let BoeFly connect you to your next loan.
NEW YORK – June 13, 2022 – BoeFly, the leading financial technology company specializing in franchise solutions, announced today that first-time franchisee Dinesh Patel has successfully secured funding through the platform to open his first Idolize Brows and Beauty in East Hanover, New Jersey.