New York, NY – October 2, 2018 - BoeFly, the premier marketplace for small business borrowers and lenders which has supported franchisees from more than 600 unique brands, announced that Paula and James Bullock, Tropical Smoothie Cafe franchisees, secured an SBA loan through BoeFly to open their first Tropical Smoothie Cafe.
Paula and James, already successful multi-unit franchisees with a hair cutting brand, selected Tropical Smoothie Café as they expand into a new, fast growing sector. When it came to sourcing financing for their start-up franchise, the couple was introduced to BoeFly, which proved to be an excellent resource. Paula and James already had a significant workload in running their existing businesses, so the two greatly valued BoeFly’s streamlined workflow and dedicated support throughout the financing process.
“Tropical Smoothie Cafe has been extremely supportive as we become franchisees in their system. We found BoeFly through Tropical Smoothie Café and I’m so glad we did. My BoeFly dedicated funding specialist was a great help and she made getting a small business loan simple,” Paula said. “I would recommend BoeFly to any business looking for loan financing.”
“Tropical Smoothie strives to support our franchisees throughout the development process and beyond, which I believe has been a central part of our growth over the years,” explained Charles Watson, Tropical Smoothie Cafe’s Chief Development Officer and Interim CEO. “BoeFly has helped Tropical Smoothie Café’s development by connecting our franchisees with the expertise that the BoeFly team has to offer. BoeFly’s customer service, loan packaging, and marketplace of lenders is unmatched.”
“At BoeFly, we’re thrilled to help business owners like Paula and James secure the financing they need to expand with great brands like Tropical Smoothie Café,” BoeFly’s CEO Mike Rozman said. “The BoeFly team takes pride in helping hard working business owners turn their dreams in to reality.”
BoeFly helps prospective and existing small business owners secure fast, efficient and competitive financing through its online matching platform, which connects borrowers with lenders from among its more than 5,000 participating banks and specialty finance companies. Lenders benefit by being presented with only those loan requests that fit their lending profile, dramatically lowering their time and cost of origination.
BoeFly's Franchise Sales & Financing System, centered on BoeFly's patented solution, bQual™, has proven to increase a brand's lead to sales conversion rate. BoeFly is the leader in franchise lending solutions, having supported franchisees from more than 600 unique franchise brands including Meineke, Papa Murphy’s and Checkers.
Founded in 2010 by small business owners and small business lending experts, BoeFly's marketplace has accommodated over $5 billion in transactions. For more information, visit www.boefly.com.
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About Tropical Smoothie Cafe
Tropical Smoothie Cafe is a fast-casual cafe concept inspiring healthier lifestyles across the country, with 700 locations nationwide. With snack and meal options for any time of day, Tropical Smoothie Cafe serves better-for-you smoothies, wraps, sandwiches, and flatbreads. Upgraded app technology and enhanced mobile ordering capabilities further elevate the digital and dine-in cafe experience and emphasize the brand's focus on convenience. The rapidly growing franchise has received numerous accolades including rankings in QSR's Best Franchise Deals, Entrepreneur's Franchise 500, Forbes Best Franchises and Fast Casual's Top 100 Movers and Shakers in 2018, as well as Franchise Times' Top 200+ and Nation's Restaurant News' Fastest Growing Chains in 2018.