NEW YORK [January 19, 2024] – BoeFly, the leading financial technology company specializing in franchise funding solutions, announced today that Grease Monkey® franchisee, Jose Heredia, has successfully secured funding through BoeFly’s financial lending platform to open his franchise in South Texas.
“BoeFly was extremely helpful in ensuring the process for my first SBA loan went smoothly,” said Jose Heredia. “Their personalized approach ensured that I was supported throughout my financing process and that I was matched with the best lender for my needs. I would highly recommend BoeFly to other business owners seeking financing.”
FullSpeed Automotive was founded in 1978, boasting nearly 600 automotive centers across the United States and internationally. Under the holding company, FullSpeed Automotive, subsidiary companies include Grease Monkey®, SpeeDee®, American Lubefast®, and Uncle Ed’s Oil Shoppe®.
“We are excited to welcome Jose into the FullSpeed franchisee family and look forward to 2024 and many great years ahead,” said Ron Stilwell, President of FullSpeed Automotive. “BoeFly has been a trusted partner of ours for some time and continues to provide valuable diligence and financing support services both to us as the franchisor and to our franchisees as they work to open new and grow their existing franchise portfolios.”
“Funding your business goals should be the least of your worries when pursuing your entrepreneurial dreams,” said Mike Rozman, CEO and co-founder of BoeFly. “Our team works tirelessly to provide our franchisor partners and their franchisees with the necessary tools and financial assistance they need to operate successfully. We’re honored to be a part of Jose’s first SBA loan process and look forward to seeing his business thrive.”
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.