Instant Imprints Selects BoeFly To Assist Its Franchisees In Obtaining Bank Financing

Dec. 12, 2011 - PRLog -- New York, NY – BoeFly, the premier online marketplace connecting lenders with business borrowers, announced today that Instant Imprints, a promotional products and branding solutions franchise, has selected BoeFly to assist its franchisees in obtaining bank financing.

Nearly half (49.2%) of the respondents in a recent survey by the International Franchise Association (IFA) of its members identified “financing/access to credit” as the top issue of concern to franchise business leaders.    In response to this concern, and bolstered by its success in helping many individual franchisees obtain financing, BoeFly created a portfolio of services for the franchisor market.   Through BoeFly, they can offer their franchisees access to a network of lenders through the posting of a single loan request on BoeFly’s Internet-based loan exchange, assistance in creating an effective loan request, and support managing lender inquiries.   BoeFly uses proprietary matching technology to connect franchisees with lenders that their loan package meets specific lending criteria, increasing franchise revenue by helping franchisees connect with the capital they need to open their businesses.

Instant Imprints offers products and services for businesses, schools, non-profit organizations, sports teams, entrepreneurs and anyone else who needs to promote their brands and messages.

“We are a company that is in a rapid growth mode and poised to be the number one branding and promotional advertising chain in the US and Canada,” says Ralph Askar, President and CEO of Instant Imprints.  “BoeFly’s online services will make it easier for our franchisees to secure the loans they need to maintain and grow their stores.”

“Today even top franchisors face a significant challenge – converting otherwise qualified franchisee candidates into ongoing, paying customers because of the difficulty they have accessing capital” said Mike Rozman, Co-president of BoeFly.  “Franchise lending has been down by as much as 40% in the past two years due in part to the inefficiencies in the lending process that have been exposed by the financial crisis.   BoeFly eliminates these inefficiencies by connecting franchisees with banks that are ready and willing to lend.”

About Instant Imprints

Instant Imprints helps customers promote.  The company has revolutionized the promotional advertising industry by combining multiple businesses (screen printing, embroidery, wide format printing, heat transfers, and promotional products) into one efficient business model – the first and still the only franchise to combine these businesses into one model.  Every business, school, organization or group needs to promote in order to grow.  Instant Imprints empowers its franchisees to imprint on anything from business apparel, event banners, trade show displays, custom t-shirts, pens mugs and business cards, to cars and buildings.  Instant Imprints has been ranked as one of Entrepreneur Magazine's Top 10 New Service Franchises.  CEO Ralph Askar, with 23 years hands-on franchising experience, brings to Instant Imprints a proven record of accomplishments as one of Mail Boxes Etc. and The UPS Store's most successful multiple Area Franchisee's and Multiple International Master Licensee's.  Askar was an officer of Mail Boxes Etc. parent company from 1995-1997. Find out more about Franchise Opportunities here: http://www.instantimprints.com/franchise/index.php

About BoeFly

BoeFly is the only online marketplace harnessing technology to dramatically simplify the execution of commercial transactions, including all loan origination and sales. BoeFly revolutionizes how deals get done by seamlessly connecting all parties, including lenders, borrowers, franchisors, investors, buyers and sellers to a potential transaction and facilitating the efficient completion of these transactions. For small business lenders, BoeFly also provides the ability to sell loans to investors freeing up liquidity for even more small business lending.  BoeFly is a subscription service and does not charge any transaction fees.

Key to the success of BoeFly is the site's dynamic compatibility technology and comprehensive SmartForm loan application which matches parties based on a specific set of criteria. Also, to help BoeFly subscribers complete transactions, BoeFly offers online access to service providers in a wide variety of professions from appraisers, to closing attorneys, to environmental consultants.

BoeFly was founded by small business lending experts with extensive banking and secondary market experience. The company is privately-held and is based in New York City. http://www.boefly.com.    Franchisors seeking to grow revenue by increasing the number of successfully financed franchisees please visit http://www.boefly.com/franchisor.

# # #

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