NEW YORK – December 27, 2023 – BoeFly, the leading financial technology company specializing in franchise solutions, announced today that Patrick Ruland, new Buddy’s Home Furnishings franchisee, has successfully secured funding through the BoeFly platform. Patrick brings with him over ten years of experience in the home furnishings business.
“We are thrilled to share our experience as newly established Buddy’s Home Furnishings franchisees and express our heartfelt thanks to BoeFly for their invaluable assistance in securing a loan that was tailored to our specific needs,” said Patrick Ruland. “Our Funding Specialist walked us through the SBA process with ease, making it a seamless and enjoyable experience. We strongly recommend BoeFly to any fellow Buddy’s franchisee seeking similar assistance, as they truly exceeded our expectations with their exceptional service and expertise.”
Buddy’s Home Furnishings is a retailer specializing in the sales and rental ownership of furniture, electronics, and appliances. Since opening in 1961, Buddy’s Home Furnishings has expanded to over 300 stores throughout the U.S. and Guam, making it one of the fastest-growing rent-to-own franchises in America.
“We are thrilled to welcome Patrick into the Buddy’s franchise family,” said Mitchell Lee, Director of Franchise Development at Buddy’s Home Furnishings. “We are delighted that our partnership with BoeFly has helped streamline his development process from his early stages as a potential franchisee when we were first getting to know each other all the way to closing on his financing and getting his location opened.”
“BoeFly continues to be a steadfast ally when it comes to guiding franchisees and aspiring entrepreneurs towards obtaining the funding needed to start on their franchise journey,” said Mike Rozman, CEO and Co-Founder of BoeFly. “Our financial experts are there to help navigate the complex terrain, empowering franchisees to take their first steps and we are happy to be able to help Patrick open his Buddy’s location in Alabama.”
For more information on BoeFly or to learn more about how the company’s extensive suite of services could support your business, visit www.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.