Franchise broker conferences are dynamic events where franchisors, suppliers and consultants converge to network, share insights and forge new business relationships. The FranServe Convention in July was spectacular! Following up after these conferences is crucial to capitalize on the connections made, and to take maximum advantage of the many opportunities. By Sherri Seiber
In the world of franchising, starting a business is often compared to a shopping trip. From the starting idea to the business opening, every step involves careful consideration, selection and investment. By Gabrielle Holub
A reliable franchise funding partner should understand the challenges involved with starting your own franchise. At FranFund, our mission is to empower new franchisees with the financial resources they need to succeed. We specialize in navigating the complex landscape of franchise financing, offering a variety of funding options designed to unlock the potential of your business ownership dream. By Sherri Seiber
FORT WORTH, Texas — FranFund has been recognized as the top franchise supplier for Banking/Financing by Entrepreneur Magazine, the world’s premier magazine dedicated to business and entrepreneurship. This prestigious honor was awarded based on votes from franchisors who value the essential services FranFund delivers to the franchising industry.
FranFund’s dedication to crafting personalized funding solutions for franchisees and its commitment to impeccable customer service have set it apart in a competitive landscape. The company’s unique approach combines in-depth industry knowledge with the expertise to navigate the funding maze, making FranFund an invaluable ally for both emerging and established franchisors.
Geoff Seiber, CEO of FranFund, said, “We are incredibly honored to receive this recognition from Entrepreneur Magazine. This award is not just a testament to our hard work but also to the trust and partnership we’ve built with franchisors over the years. At FranFund, we believe in the transformative power of franchising, and we are committed to providing the best possible funding solutions for the growth and success of our partners.”
As the franchise sector continues to evolve and grow, so does the need for reliable, effective funding solutions. FranFund’s tailored financial products, from SBA and unsecured lending programs to ROBS and Third Party Administration services, have positioned the company at the forefront of the industry, making them a trusted partner for countless franchisors, brokers, and franchisees.
FranFund President, Sherri Seiber said, “Our team at FranFund has always been driven by a passion to support and empower franchise dreams. Being voted #1 by Entrepreneur Magazine is not just a testament to our dedication, but also a beautiful reminder that when you put your heart into your work, the world takes notice. We are elated and humbled by this recognition, and it fuels our drive even further.”
This honor from Entrepreneur Magazine solidifies FranFund’s reputation not just as a leader in franchise funding but also as a beacon of integrity, and excellence in franchising.
Entrepreneur Magazine’s annual list recognizes and celebrates suppliers who demonstrate exceptional service, innovation, and value to the franchise industry. The selection process is rigorous, involving detailed evaluations and feedback from the franchisor community.
About FranFund:
Help your candidates get the doors open to their new businesses quicker and easier by partnering with FranFund. We make the process personal and painless for your candidates and communicate with you every step of the way. FranFund’s funding experts will make sure each candidate is aware of all available options including SBA loans, unsecured lending, and ROBS, so they can start their business journey off on the right foot.
For more information about FranFund and its services, visit www.franfund.com.
Leading Funding Solutions Provider Promotes Strategic Leader to Spearhead Finance & HR.
FORT WORTH, Texas — FranFund, a leading provider of franchise and small business funding solutions, announced its promotion of Carly Lywood from Controller to Vice President Finance & Human Resources. Lywood has served as Controller at FranFund, Inc. since 2013. In her multifaceted role, she has responsibility for all aspects of the company’s accounting and human resource functions. As a key member of the leadership team, Lywood will be instrumental in contributing to the strategic development of FranFund.
Carly Lywood brings more than a decade of expertise to her new role at FranFund where she will take charge in streamlining accounting and human resource processes, while maintaining FranFund’s exemplary standards of accounting practices. Prior to FranFund, Lywood earned her undergraduate and graduate degrees from Texas A&M University, completing her bachelor’s and master’s degrees in accounting. Before joining FranFund, she worked as a financial auditor at a Big Four accounting firm, analyzing accounting practices and records of companies in a number of industries. This was followed by a senior financial accounting role at a large financial services corporation.
“Carly has proven to be a tremendous asset to our FranFund leadership team,” said Geoff Seiber, President and CEO of FranFund. “We are confident that Carly’s extensive finance background, passion for our employees and experience with FranFund will play an essential role in FranFund’s continued growth.”
About FranFund, Inc.
A member of the International Franchise Association Supplier Forum, FranFund, Inc. designs smart all-in-one funding plans that grow with franchise businesses. Founded by a veteran in the franchise industry with first-hand experience as a franchise owner, franchise developer, and new franchise creator, FranFund specializes in funding solutions for franchisees. By utilizing a franchise-specific pre-qualification tool and cultivating an extensive network of lenders who are franchise and small business friendly, clients pre-approved by FranFund have a loan approval rate of 99%. FranFund takes a consultative approach, providing clients a personalized experience that helps them gain the confidence to move forward with a funding solution that makes the most sense for them. For more information, visit www.franfund.com.
Veterans often make smart business owners due to their superior leadership skills. Veterans are trained to handle many diverse challenges in changing conditions. They are adept with team dynamics, and they understand better than anyone that professional development is a continuous process. By Sherri Seiber
If you are among the many entrepreneurs using a Small Business Administration (SBA) loan to fund your business, you are already familiar with the loan approval process. Getting your loan approved is a great first step, but getting your funding in hand requires a successful loan closing. Make sure you understand what is required to close/fund the loan early in the process. By Sherri Seiber
When considering franchise ownership, few activities will have as much of a long-term impact on your business as obtaining adequate financing. Cash is king in a new business, and it is advisable to over-capitalize to account for unforeseen issues, rather than find yourself struggling after being open a short time. By Sherri Seiber
You probably know what a credit score is, but do you know how to protect it? By understanding what affects your score, you can make better decisions that ultimately increase the loan amount for which you qualify. Take a look at our list of credit do’s and don’ts. By Sherri Seiber
Whether you’re planning to start a business or want to expand an existing one, securing funding is one of the most important parts of the process. By Sherri Seiber