BoeFly, Franchise Solutions Partner to Provide Seamless Access to Fundability Wizard and Loan Center

Feb. 6, 2012 - PRLog -- New York, NY - BoeFly, the premier online marketplace connecting small business borrowers with lenders, announced today a partnership with Franchise Solutions, a leading franchise lead generation website. Through the partnership, BoeFly provides Franchise Solutions users with access to BoeFly’s free Fundability Wizard tool and its Loan Center.  

Visitors to Franchise Solutions can gain access to the Franchise Solutions Fundability Wizard and the Franchise Solutions Loan Center, both powered by BoeFly to help users connect with over 1,500 lenders. Franchisees can access the Franchise Solutions Loan Center to build an online bank-ready financing request, which includes the ability to securely store documents online. Using BoeFly’s proprietary matching technology, Franchise Solutions users’ financing requests can be matched with interested lenders based on lending preferences submitted to BoeFly by participating banks.  

“Franchise Solutions aims to bring better results for our clients and provide meaningful connections for prospective business owners, and we are proud to offer BoeFly’s efficient service to assist our clients with accessing the financing they need,” said Matt Alden, President of Franchise Solutions. “With the information gathered on BoeFly’s Fundability Wizard tool, we will also be able to better match franchise prospects to the best opportunities for them.”

“Just like Franchise Solutions helps prospective franchisees find the right franchise opportunity, BoeFly helps borrowers connect with the right lenders,” said David Nayor, Co-President of BoeFly. “We are glad to be able to assist Franchise Solutions clients in tackling the key issue of financing.  Our goal is to empower existing and prospective franchisees to connect with lenders in the most efficient manner and to receive the best possible rates and terms on their loans.”

About BoeFly

BoeFly makes it easier to obtain small business loans (http://www.boefly.com/) by reducing the time, cost, complexity, inefficiency and frustration associated with small business lending.  Its online proprietary matching technology connects small business borrowers with multiple lenders from among its over 1500 participating banks, based on the lending profiles provided by the banks and the information provided in the borrower’s loan request.

Borrowers build a complete decision-ready loan request online using BoeFly’s exclusive “SmartForm” technology which, when completed, provides the information that  over 1500 lenders nationwide indicated to BoeFly they want to see before moving forward with a loan request. The SmartForm is easy to use and guides borrowers through the process. Once BoeFly’s matching technology identifies compatible lenders, borrowers then have complete control over which lenders can instantly access their loan request.  Using BoeFly, borrowers can connect with multiple lenders quickly and easily, providing a greater probability of obtaining a loan, as well as more favorable loan terms resulting from the creation of a competitive marketplace.   Lenders benefit by being presented with only those loan requests that fit their lending profile, dramatically lowering their cost and time of origination.   BoeFly is not a broker.  Borrowers pay a small one-time fee and lenders pay an ongoing subscription fee; BoeFly never charges transaction or referral fees.

BoeFly’s Franchise Program brings these benefits to the large and growing small business franchisee community and is the choice of over 90 brands including Dunkin’ Donuts, Carl’s Jr., Express Personnel and Kiddie Academy, among many others.

BoeFly’s Affiliate Solution is the financing exchange chosen by the Association of Small Business Development Centers, representing approximately 1,000 centers nationwide, which are funded in part by the U.S. Small Business Administration to serve small businesses.

BoeFly was founded by small business owners and small business lending experts with extensive small business lending experience. The company is privately-held and is based in New York City. http://www.boefly.com.

About Franchise Solutions

Franchise Solutions is the Internet´s foremost medium for connecting with qualified prospective franchise buyers. Franchise Solutions has an established track record of helping clients achieve their development goals, with an unwavering commitment to creating meaningful connections between franchise companies and business ownership seekers.
http://www.franchisesolutions.com.

Media inquiries:

Bill Fallon/ Keating Co. /212.925.6900/ bfallon@keatingco.com

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BoeFly connects small business borrowers, franchisors, and lenders online to facilitate the process of small business lending. For more information please visit http://www.boefly.com