New York, NY (PRWEB) February 06, 2014
Franchise Business Review, the market leader in franchisee satisfaction research, and BoeFly.com, the premier online marketplace connecting small business borrowers with lenders, announced today that they have formed a strategic partnership.
As part of the partnership, banks and lending institutions that use BoeFly.com to connect with qualified franchise candidates will now have access to unique data on franchisee satisfaction at leading franchise brands.
“Our research has shown a direct correlation between franchisee satisfaction and performance, so it’s critical that prospective investors and lenders have this information,” said Franchise Business Review president Michelle Rowan. “BoeFly is widely known in the franchising world for its network of lenders and investors, so it makes sense our firms should partner. I am excited lenders will now have our survey findings at their fingertips as they consider different franchise investment opportunities.”
“BoeFly is always searching for quality information that will better position our 3,600-plus lenders to make fully informed decisions,” said Mike Rozman, BoeFly co-president. “We’ve been impressed at the quality of Franchise Business Reviews’ independent surveys of franchisee satisfaction and are excited to feature these important reports.”
“As an active franchise lender and a long-time BoeFly member, I’m pleased to know that the Franchise Business Review surveys will be available to me on BoeFly,” said Doug Cullinan, Southeast Region Director for Cornerstone Bank’s Small Business Capital Group. “I expect this information to help me better understand the franchise brands that I’m evaluating.”
About Franchise Business Review
Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences. The firm’s services include commissioned franchise research projects, as well as industry-wide studies of franchisee satisfaction. The firm administers the FBR50 – Franchisee Satisfaction Awards™—an annual rating of the top franchise companies based on the highest level of overall franchisee satisfaction by participating companies.
For more information on Franchise Business Review, visit http://www.FranchiseBusinessReview.com.
BoeFly is the industry’s only on-line matching platform connecting small business borrowers with multiple lenders from among its more than 3,600 participating banks and specialty finance companies. By using BoeFly’s proprietary matching technology, borrowers have a greater probability of obtaining a small business loan, as well as more favorable loan terms resulting from the creation of a competitive marketplace. Lenders benefit by being presented with only those loan requests that fit their lending profile, dramatically lowering their cost and time of origination.
BoeFly is a strategic ally of the International Franchise Association, with the objective being to expand credit access within the franchise community (http://www.boefly.com/ifa.cfm), and is the choice of more than 125 brands, including Dunkin’ Donuts, Carl’s Jr., and Kiddie Academy.
Founded in 2010 by small business owners and small business lending experts, BoeFly’s marketplace has accommodated over $3.5 billion in transactions. For more information, visit http://www.boefly.com.