CMIT Solutions Franchisee in Brandon, Fla. Secures Small Business Start-Up Loan Through BoeFly

BRANDON, Fla. - June 24, 2013 - PRLog -- 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 Ann Spire, new franchisee of CMIT Solutions in Brandon, Fla., secured a start-up business loan from C1 Bank in Riverview through a connection made by BoeFly.

CMIT Solutions is a nationwide provider of information technology services and solutions for small and mid-sized businesses. With more than 800 consultants and technicians, CMIT has expertise in nearly all technologies and industries.

With the loan she secured, Spire, who has 19 years of experience as an accountant at companies specializing in industries ranging from office supply to painting, was able to become a first-time business owner and open her CMIT Solutions franchise.

“After spending almost 20 years working in accounting, I am excited to apply my skills toward owning and operating a business of my own,” Spire said. “CMIT Solutions is a great fit for me, but this franchise ownership opportunity would not have been possible without the adequate capital. Through BoeFly, I was able to quickly and easily connect with a lender right near my area.”

Spire’s loan request received interest from several lenders across the country, and after evaluating the financing options, she chose to work with C1 Bank in Riverview.

“As an independent local lender serving Florida, C1 Bank uses BoeFly as an efficient resource to connect with qualified borrowers,” said Wesley Joyner, vice president at C1 Bank. “We have been very impressed with the qualified borrowers we have connected with through BoeFly and are glad to have met Ann Spire to provide the funding she needs to get her first business up and running.”

BoeFly Co-president Mike Rozman views this success story as an uplifting solution to the widespread issue of small business credit access in the U.S.

“It is always encouraging to see small business owners and lenders taking advantage of more efficient solutions to the challenge of accessing capital in today’s tight small business credit market,” said Rozman. “BoeFly has helped Ann Spire and many others efficiently secure financing to start up or grow their businesses, and we look forward to continuing to work with lenders such as C1 Bank to help drive small business growth and create new jobs.”

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 over 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 over 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 never charges transaction or referral fees.

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 brings 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., Express Personnel 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.

Media inquiries:

Bill Fallon/ Keating Co. /212.925.6900/ bfallon@keatingco.com