Dickey’s Barbecue Selects BoeFly to Assist Franchisees in Obtaining Bank Financing
New York, NY (PRWEB) January 28, 2014 -- BoeFly, the online marketplace connecting small business borrowers with lenders and a strategic ally of the International Franchise Association to expand credit access within the franchise community, recently announced that Dickey’s Barbecue Restaurants, Inc. has selected BoeFly to assist its franchisees in obtaining bank financing.
In an International Franchise Association (IFA) survey of its members, nearly half (49.2 percent) identified “financing/access to credit” as the top issue of concern for franchise business leaders. In response to this, BoeFly offers a portfolio of services for the franchisor market. Through BoeFly, brands can offer franchisees access to a network of lenders through the posting of a single loan request on BoeFly’s Internet-based loan exchange, assistance in creating an effective loan request, and support managing lender inquiries. BoeFly uses proprietary matching technology to connect franchisees with lenders.
“Dickey’s Barbecue has a proven concept with exceptional offerings – our explosive growth over the last two years shows we are on the right track as a brand and there is no stopping our growth potential,” said Roland Dickey, Jr., President and CEO of Dickey’s Barbecue Restaurants, Inc. “To keep up with our exceptional growth, we’re excited to offer BoeFly to support our owner/operators.”
Dickey’s Barbecue Restaurants, Inc. was founded in Dallas, Texas in 1941 when Travis Dickey set out to perfect Texas-style barbecue. 72 years later the Dickey family continues the tradition of hickory-smoked signature meats in each of their 368 restaurants.
“Great franchise brands recognize that it is critical to support their franchisees in all business aspects, and financing is a headline issue,” said Mike Rozman, co-president of BoeFly. “BoeFly eliminates the systemic inefficiencies that borrowers face in securing financing by positioning the franchisee to build a complete financing request securely online and then connecting franchisees with banks that are ready and willing to lend. The entire BoeFly team is very pleased to be working with Dickey’s Barbecue and to support their exciting growth goals.”
About Dickey's Barbecue Restaurants
Dickey's Barbecue was founded by Travis Dickey with the goal of authentic slow smoked barbecue. More than 72 years later, the Dallas-based family run barbecue franchise still offers a quality selection of signature meats, home-style sides, tangy barbecue sauce and free kids meals every Sunday. All meats are slow smoked on site in each restaurant. The fast-casual family-friendly concept has expanded to over 350 locations in 43 states and holds the title of the world's largest barbecue franchise. This year Technomic named Dickey's "Fastest-growing restaurant in the country" and they were also named "Best Franchise Deal" by QSR Magazine. For more information, visit Dickey’s or for barbecue franchise opportunities call (866) 340-6188.
About BoeFly
BoeFly makes it easier to obtain small business loans (http://www.boefly.com/) by reducing the time, cost, complexity, inefficiency and frustration associated with small business lending. Its online proprietary matching technology connects small business borrowers with multiple lenders from among its more than 3,600 participating banks, based on the lending profiles provided by the banks and the information provided in the borrower’s loan request.
Borrowers build a complete decision-ready loan request online using BoeFly’s exclusive “SmartForm” technology 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. Once BoeFly’s matching technology identifies compatible lenders, borrowers then have complete control over which lenders can instantly access their loan request. Using BoeFly, borrowers can connect with multiple lenders quickly and easily, providing a greater probability of obtaining a 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 not a broker. Borrowers pay a small one-time fee and lenders pay an ongoing subscription fee.
BoeFly, now a strategic ally of the International Franchise Association to expand credit access within the franchise community (http://www.boefly.com/ifa.cfm), offers a Franchise Solution bringing these benefits to the large and growing small business franchisee community and is the choice of more than 125 brands, including Dunkin’ Donuts, Carl’s Jr., and Kiddie Academy, among many others.
BoeFly’s Affiliate Solution is the financing exchange chosen by the Association of Small Business Development Centers, representing approximately 1,000 centers nationwide, which are funded in part by the U.S. Small Business Administration, to serve small businesses, and Franchise Gator, the leading site for information on franchise opportunities.
BoeFly was founded by small business owners and small business lending experts with extensive small business lending experience. The company is privately-held and is based in New York City. http://www.boefly.com.
Jessica Sarter, Boefly, LLC, http://www.BoeFly.com, +1 (646) 755-7433, [email protected]
Share this article