Aversano found the BoeFly platform to be very efficient in helping him build a secure financing request online and connect with 10 serious lenders who competed to fund his loan, and he was ultimately glad to connect with a bank in his area.
“Without BoeFly, I probably would not have connected with Ridgestone Bank, and I am very pleased with how efficient the entire process was,” said Aversano, who owns a dental practice in Manhattan. “Now that I have secured a loan, I look forward to opening a new dry cleaning business to serve the Mokena community.”
Aversano chose to work with Ridgestone Bank, since they have extensive experience in SBA lending and are the #1 SBA lender in Illinois and a top SBA lender nationwide.
“As a longtime user of BoeFly, I know how valuable it can be in helping me find appropriate business borrowers,” said Tony Kim, business development officer and vice president specializing in SBA lending and commercial banking at Ridgestone Bank. “I am pleased to have met Vince Aversano through BoeFly and am looking forward to a sustained relationship with him and his Martinizing franchise.”
Aversano used BoeFly at the recommendation of Martinizing, which has selected the platform to assist its franchisees in obtaining bank financing.
“Franchisees of Martinizing Dry Cleaning are seeking a long-term business opportunity, and we are committed to providing our franchisees with the necessary support, especially in the area of financing, to help them successfully operate their stores,” said Kevin Kaeding, the Corporate Controller of Martin Franchises Inc., franchisor of Martinizing Dry Cleaning. “We are very glad to know that one of our newest franchisees, Vince Aversano, had success in seeking financing on BoeFly, the leading marketplace for franchise loans.”
Mike Rozman, BoeFly’s co-president, views this success story as an effective solution to the issue of credit access facing many small business owners across the U.S.
“Vince Aversano’s story speaks to a common issue in today’s tight small business credit market, as many small business owners nationwide find challenges in efficiently accessing the capital they need,” said Rozman. “Fortunately, BoeFly has helped him and many others efficiently secure financing to start up or grow their businesses, and we look forward to continuing to work with reputable lenders such as Ridgestone Bank and franchisors such as Martin Franchises Inc. to help drive small business growth and create new jobs.”
BoeFly makes it easier to obtain small business loans (http://www.boefly.com/
Borrowers build a complete decision-ready loan request online using BoeFly’s exclusive “SmartForm”
BoeFly, now a strategic ally of the International Franchise Association to expand credit access within the franchise community (http://www.boefly.com/
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/