FranFund

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.

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.”

Recognition for Dedication to Protect, Promote, and Enhance the Franchise Industry.

FORT WORTH, Texas — Geoff Seiber, CEO of FranFund, Inc. was honored as the recipient of the International Franchise Association’s “FAN of the Year Award” for his dedication and contributions to protect, promote, and enhance the franchise industry. Seiber was presented the award on Feb. 9 at the IFA’s 60^th annual convention in Orlando, FL.

Seiber is recognized for championing franchise and small business issues locally and nationally through his work with the Franchise Action Network. An initiative of the IFA, the Franchise Action Network seeks to mobilize the franchise industry at the grassroots level to present a united front against anti-franchising forces as well as educate policymakers about the franchise business model and its positive impact on communities across the country. FAN ensures the personal and unique stories of local small business owners are heard in Congress, federal agencies, and state and local legislatures when decision-makers are taking actions that impact the bottom lines of small business and franchises.

Through his continued commitment and contributions to FranPAC, Seiber has worked to create relationships with key members of Congress and ensure they understand franchising and promote a legislative and regulatory climate favorable to franchising.

Despite an uncertain economy, franchise industry growth is anticipated to continue. The number of franchise businesses in the U.S. is expected to grow to 785,316 this year, adding 232,000 jobs, and growing total employees to 8.67 million. The overall GDP contribution by the franchise industry is expected to grow by 4.6% to $494.96 billion. (Source: Franchise Business Economic Outlook 2020, prepared by FRANdata)

“I am honored to receive this award for work I believe is essential to the vitality of the franchise industry,” Seiber said. “We all have to work together to make sure our franchise community is protected from harmful legislation so we can continue to make business ownership a reality for all entrepreneurs.”