BoeFly, the premier online marketplace connecting lenders with business borrowers, announced today that CiCi’s Pizza, an award-winning pizza franchise, has selected BoeFly to assist its franchisees in obtaining bank financing.
Nearly half (49.2%) of the respondents in a recent member survey by the International Franchise Association (IFA) 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, franchisors can offer 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.