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Owner of New Delta Disaster Services in Salt Lake City Secures Start-Up Financing Through BoeFly
BoeFly connects Salt Lake City, Utah borrower with regional credit union for a business start-up loan to finance his Delta Disaster Services franchise
By: BoeFly, LLC
McKnight, a life-long Salt Lake City resident, will focus the business on insurance restoration, handling all emergency services and reconstruction for both water and fire damages, as well as more specialized work in mold remediation and asbestos abatement. With more than 20 years of construction experience, including 15 years of construction business ownership and management experience, McKnight will apply his skills toward operating his new disaster services business.
“The business ownership and management experience that I’ve had over the years has helped me maximize efficiency in all aspects of business, including the key area of financing,” McKnight said. “When I needed financing, Delta Disaster Services fortunately pointed me to BoeFly, which completely streamlined the process of applying for a small business loan and allowed me to move quickly with starting the business.”
McKnight’s loan request received interest from several lenders across the country, and after evaluating the financing options, he chose to work with Mountain America Credit Union in Phoenix, Ariz.
“After reviewing Shane’s loan application for his business start-up, I could tell right away that his information aligned with the criteria we look for in prospective borrowers,” said Bill Luckinbill, business loan officer at Mountain America Credit Union. “Using BoeFly to find and close this deal couldn’t have been more efficient, and we will continue to use it to source additional deals.”
McKnight learned about BoeFly at the recommendation of Delta Disaster Services, which is among more than 125 franchise brands that have selected BoeFly to assist their franchisees with financing support.
“Most start-up businesses require funding on some level, even if only to establish a line of credit, and we work with our franchisees to ensure they have access to the best tools to help them get their Delta Disaster Services businesses financed,” said Dixie Feld, VP of Operations at Delta Disaster Services. “To achieve this, we have formed relationships with top third-party funding sources, including BoeFly, which has proven to be immensely helpful in connecting our franchisees with the funding they need to start up and grow.”
BoeFly Co-president Mike Rozman views this success story as an uplifting solution to the widespread issue of small business credit access in the U.S.
“It is always encouraging to see small business owners, franchisors and lenders taking advantage of more efficient solutions to the challenge of accessing capital in today’s tight small business credit market,” said Rozman. “BoeFly has helped Shane McKnight and many others efficiently secure financing to start up or grow their businesses, and we look forward to continuing to work with reputable franchisors like Delta Disaster Services and lenders such as Mountain America Credit Union 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/