Juice It Up! Franchisees in Albuquerque Secure Small Business Start-Up Loan Through BoeFly

BoeFly connects Albuquerque, N.M. husband-and-wife franchise owners with Phoenix, Ariz. credit union for business start-up loan to finance opening of Albuquerque’s first Juice It Up! raw juice bar in 2013.
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* Juice It Up!
* BoeFly
* Franchise Finance
* Macu
* Sba Loan

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* Business
* Finance

Location:
* Albuquerque - New Mexico - US

ALBUQUERQUE, N.M. - Nov. 12, 2013 - PRLog -- ALBUQUERQUE, N.M. – 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 Kelly and Shawn Wolf, husband-and-wife franchisees of Albuquerque’s first Juice It Up raw juice bar, secured a start-up business loan from Mountain America Credit Union in Phoenix, Ariz. through a connection made by BoeFly.

With the loan they secured, Kelly, a real estate agent, and Shawn, restaurant manager at Weck’s on Osuna Road in Albuquerque since 2006, look forward to opening their Juice It Up! franchise in the third quarter of 2013.

“While determining how to start our first business together, Shawn and I saw an incredible opportunity to bring great-tasting and nutritious raw juices and smoothies to the Albuquerque area through Juice It Up!’s franchise model,” Kelly Wolf said. “However, the start-up process has not been without obstacles, particularly that of financing. Fortunately, BoeFly offered an easy solution that allowed us to secure the right loan and move ahead quickly.”

The Wolfs’ loan request received interest from several lenders across the country, and after evaluating the financing options, they chose to work with Mountain America Credit Union in Phoenix, Ariz.

“In achieving our efforts to help small business owners secure the right loans for their businesses, Mountain America uses BoeFly’s service to connect with qualified borrowers and meet their capital needs,” said Bill Luckinbill, Business Loan Officer at Mountain America Credit Union. “We have been impressed with the efficiency of the platform in connecting us with the Wolfs to provide the funding they need to get their juice bar started.”

Kelly and Shawn Wolf learned about BoeFly at the recommendation of Juice It Up!, which is among more than 125 franchise brands that have selected BoeFly to assist their franchisees with financing support.

“To continue our growth and bring delicious raw juices and smoothies to more customers across the country, Juice It Up! understands the importance of providing our franchisees with tools they need to succeed, especially in challenging areas such as financing,” said Marcus Skinner, Business Development Manager at Juice It Up!. “We are pleased to know that BoeFly has helped the owners of our first Albuquerque location overcome this critical challenge and work on getting their franchise up and running.”

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 Kelly and Shawn Wolf 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 Juice It Up! and lenders such as Mountain America Credit Union to help drive small business growth and create new jobs.”

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, 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., 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.

About Juice It Up!

Since the first Juice It Up! opened in Orange County, California, nearly 20 years ago, the franchise has grown to over 80 locations in California, Arizona, New York and Texas. Founded in 1995 by Dan York and Larry Sidoti, and now headed by principal owner, president and CEO Frank N. Easterbrook, Juice It Up!, the nation’s largest raw juice bar chain, is on track to open 13 additional locations in 2013. The recent trends in the juicing market continue to grow at a phenomenal rate, with the global market for juice and smoothie bars to reach $10.7 billion dollars by 2015. Juice It Up! has been at the forefront of that movement, establishing their objectives early and focusing on continuing to meet the rising demand of healthy-lifestyle consumers. For more information, visit www.juiceitup.com.

Media inquiries:

Jessica Sarter/ BoeFly/800-277-3158/ contact@boefly.com

Contact
Jessica Sarter
contact@boefly.com
800-277-3158
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Tags:Juice It Up!, BoeFly, Franchise Finance, Macu, Sba Loan
Industry:Business, Finance
Location:Albuquerque - New Mexico - United States
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