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Financing comparison

FranFund vs BoeFly

How FranFund and BoeFly compare for wellness franchise operators — side-by-side specs and our verdict on which fits which concept.

Short answer

Two facilitators that get franchise buyers funded without being banks themselves. FranFund is a concierge: it packages your SBA application, runs pre-qualification, and specializes in ROBS (401(k) rollover) funding — the path for buyers using retirement funds without early-withdrawal penalties. BoeFly is a marketplace owned by ConnectOne Bank: your loan package goes in front of multiple lenders who compete, useful for comparing terms and for franchisors who want a funding portal for their whole system. A buyer combining ROBS with an SBA loan gets the most hand-holding from FranFund; a bankable buyer who wants competing term sheets gets leverage from BoeFly. Fees differ structurally — facilitators charge packaging or success fees, so ask both for the all-in cost of capital, not just the rate.

Side-by-side

FranFundBoeFly
Funding typeSBA 7(a)Marketplace
Direct lenderNoNo
Typical terms10-25 yr, franchisor-referral commonVaries by participating lender
Best forBuyers wanting SBA guidance from a firm with franchise-specific lender relationshipsBuyers wanting competing offers from multiple SBA lenders at once
DifferentiatorWorks directly with franchisors as a preferred/referred lending partnerLending marketplace creating competitive tension among participating banks

Full profile

FranFund

Franchise funding and SBA loan support for buyers.

Full profile

BoeFly

Franchise and small-business lending marketplace (ConnectOne Bank).

See more options in our roundup of the best financing for wellness franchises.