Franchising Solutions Platform Enables Family to Open First Restaurant
NEW YORK – March 1, 2022 – BoeFly, the leading financial technology company specializing in franchise solutions, announced today that first-time franchising family, the Lowes, have successfully secured funding through the platform. As a result, Karen Lowe, alongside her husband, son, and daughter-in-law are projected to open their first Smoothie King location by March 2022 in Gilbert, Arizona.
“My family and I are so excited to become Smoothie King owners in the Gilbert, Arizona area,” said Karen Lowe. “This is our first time opening a franchise so, we had plenty on our plate. Fortunately, BoeFly made financing easy and straightforward. Our dedicated BoeFly representative guided us through the process and ultimately matched us up with the start-up financing we needed. We recommend BoeFly to any Smoothie King franchisee who wants competitive financing.”
“We have come to rely on BoeFly as an integral partner in our franchise development process. They execute critical diligence reports on all of our franchise candidates, which allows us to efficiently vet our franchise candidates and award franchise agreements based on verified information,” said Chad Tramuta, Franchise Development Director of Smoothie King. “Our partnership with BoeFly, and the services they provide, extend well beyond the initial vetting of our franchise candidates. Many of our new franchisees have turned to them for their financing support service as well, which continues to prove an effective and helpful way for our franchisees to source and secure competitive financing opportunities.”
With more than 1,300 units worldwide, Smoothie King is one of the fastest-growing franchises on a mission to help others achieve better health in a delicious way through smoothies. The company also offers retail products that include sports beverages, energy bars, vitamins, supplements, and more.
“It is always exciting to watch the success of a family business unfold. That is why my team and I were thrilled to help the Lowes find the right financing to get their Smoothie King up and running,” said Mike Rozman, CEO, and co-founder of BoeFly. “Better yet, Smoothie King has been an incredible partner over the years and we know they take pride in their franchise candidate diligence process to ensure success for everyone involved.”
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.