PRLog (Press Release)
- Feb. 18, 2013 -
LAS VEGAS, Nev. – BoeFly, the premier online marketplace connecting small business borrowers with lenders and a strategic ally of the International Franchise Association (IFA) to expand credit access within the franchise community, announced today that Co-president Mike Rozman will moderate a finance panel at the 2013 IFA Annual Convention in Las Vegas, Nev.
The panel, entitled “What Will It Take For Your Franchisee to Land the Loan”, will cover finance topics for franchisors. The panelists include:
• Richard Bradshaw, Executive Vice President and Director of SBA Lending at TD Bank
• Darrell Johnson, President and CEO of FRANdata
• Patrick Kelley, Special Advisor at the Small Business Administration (SBA)
• Patrick MacKrell, President and CEO of the New York Business Development Corporation
• David Nilssen, Co-Founder and CEO of Guidant
“Growth in the franchise sector depends largely on credit access for franchisees, and it has become increasingly important to educate franchisors on best practices for providing financing support,” said Mike Rozman, co-president of BoeFly. “This panel will provide the opportunity for franchise and finance experts to share their knowledge about access to capital within the franchise community, which in turn leads to business and economic growth nationwide.” 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 more than 3,600 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 more than 3,600 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, now a strategic ally of the International Franchise Association to expand credit access within the franchise community (http://www.boefly.com/ifa.cfm
), offers a Franchise Solution bringing these benefits to the large and growing small business franchisee community and is the choice of more than 125 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, and Franchise Gator, the leading site for information on franchise opportunities.
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
Bill Fallon/ Keating Co. /212.925.6900/