AAMCO, one of the world’s largest chains of transmission specialists and leaders in total car care, has partnered with BoeFly, an online marketplace for small business borrowers and lenders, to accelerate national franchise development of the brand. Through this partnership, AAMCO will be able to leverage BoeFly’s nationwide network of lenders to help new and existing franchisees secure the financing needed to open and run their businesses successfully.
“At AAMCO, we are committed to the success of our franchisees and this partnership will position us for continued growth,” said Brett Ponton, president and CEO of AAMCO Transmission Inc. “With BoeFly’s service, it allows our franchise partners to quickly and easily understand their financing options for opening new centers or enhancing their current location.”
At no cost to AAMCO franchisees, BoeFly’s loan experts will assist them in creating complete bank-ready financing requests and through a single post on BoeFly’s Internet-based loan exchange, they will have immediate access to banks and non-bank financing institutions that are interested in lending.
“Although small business lending has steadily increased over the past six months, franchise owners are still facing difficulties in accessing capital needed to grow their businesses,” said Mike Rozman, CEO of BoeFly. “Through BoeFly, AAMCO franchise owners will gain access to more than 5,000 lenders without having to worry about doing the legwork and negotiations. We look forward to working with AAMCO to ensure financing is more accessible to those franchisees seeking access to funding.”