Together with BoeFly, Guidant Financial has announced a new partnership with Russo’s Restaurants to increase credit access to restaurant franchisees, enabling more entrepreneurs to make Russo’s Restaurants franchise ownership a reality.
The new partnership between small business financing company Guidant Financial, BoeFly.com, the online marketplace for small business loans, and Russo’s is part of Guidant’s Funding Assurance™ program to help franchisors expand their brands. The partnership will offer existing and prospective Russo’s franchisees exclusive access to financing services from Guidant Financial and BoeFly, starting with a customized prequalification tool on Russo’s website called bQual™.
Russo’s franchisees will get unlimited use of the bQual™ business loan prequalification and financial education report for franchise systems and entrepreneurs. The prequalification process helps franchisees determine what financing is available for franchise projects, whether opening new units or expanding current operations. The partnership with Russo’s is another step in Guidant’s goal of establishing relationships with growing franchise systems to help streamline the financing process and help entrepreneurs gain access to the capital they need.