MarketWatch:
BoeFly, the premier online marketplace connecting small business borrowers with lenders, announced today a strategic alliance with the International Franchise Association (IFA), the world’s oldest and largest organization representing franchising, representing the nation’s 825,000 franchise businesses which support nearly 18 million jobs and contribute more than $2.1 trillion in economic output. The strategic alliance was announced at IFA’s 52nd Annual Convention in Orlando, FL.
“Access to capital is one of the foremost challenges facing franchise business owners in the current economic climate, and BoeFly’s strategic alliance with the International Franchise Association will allow for the expansion of credit access resources to more franchise borrowers nationwide,” said Mike Rozman, Co-president of BoeFly. “BoeFly already works with over 100 franchise brands, helping them offer their franchisees financing support, and by working with the IFA and its members, we expect to greatly expand credit access for this vital job-creation engine.”