Streamlined Franchise Financing Solutions Guide Meineke to Funding Success
NEW YORK – December 11, 2023 – BoeFly, the leading financial technology company specializing in franchise business solutions, announced today that Meineke franchisee, Diane Bowden, has successfully secured funding to open her first location.
Based in Louisburg, NC, Bowden is set to convert her well-known autobody shop into a Meineke with the help of BoeFly. After running the shop as an independent business owner, she decided to pursue further guidance under an established franchising brand alongside her son and daughter-in-law.
“As newly established Meineke franchisees, we are thrilled to have received assistance from BoeFly in acquiring a loan that met our specific requirements,” Bowden shared. “We are grateful to both BoeFly and our dedicated Funding Specialist, who expertly guided us through the SBA process, making it an effortless and speedy experience. We strongly recommend BoeFly to any fellow Meineke franchisee seeking similar assistance.”
Since Meineke first opened its doors in Houston, TX, in 1972, the brand has fostered a network of friendly, locally owned shops led by true auto care professionals. Spanning services from brake repair to oil changes, Meineke has remained a trusted name among consumers seeking routine automotive care.
“Our partnership with BoeFly has now been going on for the better part of the last six years and it continues to not disappoint,” said Ted Rippey, Senior Vice President of Real Estate and Development at Meineke. “They provide us with an ability to seamlessly diligence our new franchise partners during the onboarding process and then, as was the case with Diane and so many of our other franchisees, ensure that the financing piece is handled with expertise and care so that our franchisees have the most streamlined opening process possible.”
“Our team develops highly personalized guidance to help fund franchisees’ needs as they pursue their business ventures,” said Mike Rozman, CEO of BoeFly. “We’re thrilled to see Diane and her family’s vision come to life with our help, and we congratulate them on this milestone!”
For more information on BoeFly or to learn more about how the company’s extensive suite of services could support your business, visit boefly.com.
Founded in 2009, BoeFly is a leading financial technology company that continues to deliver innovative online tools and solutions to accelerate business forward. Led by a team of franchising and finance industry experts, BoeFly specializes in identifying gaps in the marketplace and creating customized solutions to meet changing needs. The company has developed a proprietary Franchise Sales and Finance System to meet the core needs of franchise brands and small businesses throughout the entire process, from vetting franchise candidates to matching them with lenders who can move fast.
Through its data-driven system and robust online marketplace, BoeFly is able to connect borrowers to a wide array of banks and specialty finance companies, which has accommodated over $7 billion in transactions and supported more than 600 unique franchise brands. BoeFly’s pioneering technology and products have allowed the company to offer flexible options and serve businesses at all stages of development, from established brands with thousands of locations to emerging franchisors and startups. For more information, visit www.boefly.com.