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Wings, Etc. Franchisee Secures Financing Through BoeFly’s Online Loan Exchange
By: BoeFly, LLC
Previously, Niedbalski was discouraged by the amount of time and energy required to secure financing through the traditional bank-to-bank approach. With experience in small business ownership and management, Niedbalski recognized the need for BoeFly’s services in order to make financing his start-up a time efficient and cost effective process. BoeFly expedited the financing process and quickly connected him with compatible lenders using its proprietary matching technology.
“BoeFly experts put me in contact with lenders who actually wanted to help me start my business,” said Niedbalski. “I was hesitant to become a franchise owner before I had heard of BoeFly because I just didn’t think I had the time to devote to finding bank financing. BoeFly solved the problem for me.”
“At Ridgestone Bank, we love working with ambitious franchisees like Chris Niedbalski,”
“The process of going from bank to bank to look for financing is antiquated and inefficient,”
Wings Etc. is a rapidly growing, family-friendly franchise operating in the full-serve bar and grill restaurant segment. The company’s combination of “laid-back”
“BoeFly offers a service that provides benefits to franchisees, lenders, and franchisors,”
About Wings Etc.
Wings Etc. Grill & Pub first gained fame when, in 1995, its signature “Jumbo Wings” beat out a host of Buffalo Wing competitors in the South Bend (IN) Tribune’s “Best Wings” annual reader’s poll. It’s a title Wings Etc. has won for 20 consecutive years, and the chain’s popularity with South Bend sports fans—and those graduating from its famed local university—has propelled Wings Etc. from a single location into a multiregional franchise company operating 34 pubs in Illinois, Indiana, Michigan, Missouri, and North Carolina. In addition to its menu options, the chain features daily lunch specials from 11a-2p, daily food and drink specials, full bar service, and a popular kid’s menu.
For information about Wings Etc. franchising please visit http://www.wingsetcfranchise.com/
BoeFly is the industry’s only on-line matching platform connecting small business borrowers with multiple lenders from among its more than 5,000 participating banks and specialty finance companies. By using BoeFly’s proprietary matching technology, borrowers have a greater probability of obtaining a small business loan with favorable rates and terms. 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 a strategic ally of the International Franchise Association, with the objective being to expand credit access within the franchise community, and is the choice of more than 125 brands, including Dunkin’ Donuts, Carl’s Jr., and Kiddie Academy.
Founded in 2010 by small business owners and small business lending experts, BoeFly’s marketplace has accommodated over $4.2 billion in transactions. For more information, visit www.boefly.com.
About Ridgestone Bank
Ridgestone Bank is a privately-held bank with full-service branch locations in Brookfield, Wis. and Schaumburg, Ill., as well as lenders in Indianapolis, Northeast Wisconsin, Northcentral Wisconsin, Tennessee, Southern California, Ohio and Madison, Wis. Founded in 1995, the bank is a leader in small business and government guaranteed lending nationwide. Distinguished by the SBA as an “SBA Preferred Lender,” Ridgestone Bank is a top 10 SBA lender in the nation, is the number one SBA lender in Illinois, and is the number one SBA lender in its asset size in Wisconsin. Ridgestone Bank is a leader in USDA lending in the United States and has been recognized as a valued partner by the USDA for its commitment to small businesses. Ridgestone Financial Services trades its common stock on the OTC Market exchange under the ticker symbol “RGST.” For more information on Ridgestone Bank, visit www.ridgestone.com.