Fort Worth, TX (PRWEB) January 22, 2014
BoeFly, the premier online marketplace connecting small business borrowers with lenders and a strategic ally of the International Franchise Association (IFA) to expand credit access within the franchise community, announced today that Heidi and James McGregor, husband-and-wife franchisees of a Toppers Pizza restaurant store in Fort Worth, Texas, successfully secured a start-up SBA loan of $360,000 through a connection made by BoeFly. Toppers Pizza is a pizza delivery franchise with most of the locations throughout the Midwestern United States.
The McGregors’ restaurant opened in August 2012. Jim and Heidi McGregor have 22 years of business ownership and management experience and work in the medical industry.
“We have been open for business for over a year now, and it would not have been possible without the financing we secured through BoeFly,” said Heidi McGregor. “The process was clear and extremely efficient, and it allowed us to establish a relationship with a nearby bank that funded our loan.”
When the McGregors submitted their pizza restaurant loan request to BoeFly, they received several funding offers from lenders, and they ultimately chose to work with a Texas lender, who has eight years of experience in credit and lending.
The McGregors used BoeFly at the recommendation of Toppers Pizza, which is one of more than 150 franchisors that have selected the platform to assist franchisees in obtaining bank financing.
“BoeFly has proven to be an effective resource for our franchisees now and in the past, and this plays an invaluable role in helping them start up and operate successful restaurants,” said Mark Cairns, director of franchise development at Toppers Pizza. “Toppers will continue to promote BoeFly as an efficient tool for our franchisees so they can be less concerned with financing and focus their efforts toward delivering top-quality food and service to customers.”
“It is great to work with a franchise system like Toppers Pizza that supports franchises throughout the process from the ground up,” said Mike Rozman, co-president of BoeFly. “Toppers pointed the McGregors to BoeFly, where they were guided through building a bank-ready financing request, which was matched to a bank in Texas, their home state. We look forward to our continued work with Toppers Pizza in helping to support its franchisees.”
BoeFly is the industry’s innovative on-line matching platform that reduces the time, cost, complexity, inefficiency and frustration associated with small business lending. Using BoeFly’s proprietary technology, small business borrowers connect with multiple lenders from among BoeFly’s more than 3,600 participating banks and specialty finance companies thereby enhancing their ability to obtain a business loan efficiently and on favorable loan terms. Lenders benefit by being presented with only those loan requests that fit their lending profile, dramatically lowering their cost and time of origination.
Borrowers build a complete decision-ready loan request securely online with BoeFly’s exclusive “SmartForm” application which, when completed, provides the information that more than 3,600 lenders nationwide indicated to BoeFly they want to see before moving forward with a loan request. The SmartForm is easy to use and guides borrowers through the process.
BoeFly is a strategic ally of the International Franchise Association, to expand credit access within the franchise community (http://www.boefly.com/ifa.cfm), and is the choice of more than 150 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.
About Toppers Pizza
With a mission to be the best pizza company in the world by killing it on every detail of the customer experience, Toppers Pizza is a 49-unit eclectic pizza delivery franchise brand, headquartered in Whitewater, WI. Toppers takes a unique approach to the crowded pizza segment by appealing to the young, and young at heart, in an irreverent way that unquestionably separates them from the competition. Ranked No. 343 in Entrepreneur Magazine’s top 500 franchises and one of the Nation’s Restaurant News 50 Breakout Chains for 2013,Toppers’ menu includes 18 house pizzas; the franchise’s signature product line Topperstix; Oven-Toasted Grinders; Buffalo Wings; Q'Zas (a pizza style quesadilla); and cold drinks. The brand has strongly established itself in Wisconsin, and is now in the midst of Midwest and national domination. By focusing on Toppers’ demographic friendly markets, Toppers is able to continue building a fanatical relationship with its customer base. For more information on Toppers, visit http://www.toppers.com.