TL;DR
BoeFly, a financial technology company, has provided funding for Firehouse Subs franchisee Jagrut Desai to open his third location. Desai secured an SBA loan through BoeFly to open the new location in LaPlace, LA.
BoeFly, the leading financial technology company specializing in franchise funding solutions, announced today that Firehouse Subs franchisee, Jagrut Desai, has successfully secured funding through BoeFly. The announcement marks the entrepreneur’s third Firehouse Subs franchise, located in LaPlace, LA.
I am so grateful for BoeFly’s help in getting an SBA loan for my third Firehouse Subs franchise,” said Desai. “As a busy entrepreneur with two startups, I really appreciated how easy BoeFly made the process and how they guided me through every step. I recommend BoeFly to anyone who wants to open a Firehouse Subs franchise. Thank you, BoeFly!”
Firehouse Subs is a Jacksonville, Fla.-based franchised known for its hearty and flavorful sandwiches. Since December 15, 2021, the chain has been a subsidiary of Restaurant Brands International, owner of well-known concepts such as Burger King, Popeyes, and Tim Hortons.
We brought BoeFly on board last year as our required diligence supplier so that we could more efficiently vet our prospective franchisees,” said Lindsay Williams, Director, Development Pipeline for the U.S. and Canada at Firehouse Subs. “The fact that they also offer an effective and efficient financing solution to folks like Jagrut, so they can get their locations opened expeditiously, makes our continued partnership with BoeFly a no-brainer.”
“Helping franchisees and small business owners reach their career goals a reality is what we strive for every day,” said Mike Rozman, CEO and co-founder of BoeFly. “Our team works hard to find solutions to financing through our proprietary systems, allowing us to assist franchisees like Jagrut in reaching their ultimate business goals. Congratulations to Jagrut and we wish him success on his third franchise venture with Firehouse!”
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.
BoeFly drives growth by delivering financially qualified candidates increasing lead-to-franchisee conversion, and helping franchisees secure financing. BoeFly has supported more than 600 unique brands since 2014.
In this story
This story was originally published in Franchising.com on May 10, 2024. Burnaze summarizes and links to the original reporting.
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