Business Finance Depot (BFD) is a trademarked dba name owned by Healthclubexperts.com. The company specializes in providing financing for new and existing companies covering the franchise, fitness and campground industries. The company packages SBA loans of all types and equipment leases to finance the organizational costs, franchise fee (if any), landlord deposits (or real estate purchase), construction, equipment and working capital. networks with companies that offer self-funding using retirement accounts within the R.O.B.S. program. It offers loans using marketable securities and alternate forms of business loans and credit cards. In short, Business Finance Depot has identified all possible methods of providing debt financing available in today’s market.
Architect behind Business Finance Depot
Paul Bosley is the founder of the Business Finance Depot and a licensed mortgage originator in the state of Florida. Paul started the business initially providing equipment leasing to the fitness industry. Paul has been working and continues to work in the fitness industry for 45 years. Paul started as a membership sales rep at the age of 21 after graduating from Brockport State College, SUNY, NY with degrees in Health Science & Recreation and Parks, Paul became a partner in his first chain of clubs at 27 and eventually became senior management operating 44 clubs in 7 states and Canada. Paul sold his clubs and launched the business to finance health clubs using equipment leasing. As a volunteer for SCORE, a division of the Small Business Administration (SBA), Paul learned SBA lending which proves that when you do good, good comes back in another form (What goes around, comes around). Over time, the company has learned to package SBA loans of all types making us unique in the sense we understand both equipment leasing and SBA lending.
With Paul’s efforts, BFD has become a supplier member of the International Franchise Association, International Health, Racquet Sports Association, the American Association of Commercial Financing Brokers, and National Association of Recreational Vehicles and Campgrounds (ARVC).
Extraordinary Services from Business Finance Depot
Business Finance Depot packages SBA loans of all types with a select group of SBA lenders. It also packages equipment leases with a select group of aggressive leasing companies. The company networks with select companies to offer the ROBS program so people can self-fund their business using their retirement account without a penalty or taking the $ into income. Business Finance Depot works with a company that specializes in alternative lending for business and personal credit cards. It also works with a company that specializes in taking loans against marketable securities without selling the stock. Business Finance Depot is now the financing partner for many franchises including Massage Envy, United Franchise Groups brands (Signarama, Fully Promoted, Experimax, Jon Smiths Subs, The Great Greek, Venture X and Transworld Business Advisors), Nestles Toll House Café’, CKO Kickboxing, F45 Training, Powerhouse Gym, Fitness 1440, HOTWORX, The Camp Transformation Canter, Reis & Irvy’s, Biggby Coffee, Seniors Helping Seniors, and Yogi Bear’s Jellystone Parks.
Strategies for Success
The company is active in the marketplace and under contract with many banks, lending companies and leasing companies that update us on new regulations on a regular basis.
Business Finance Depot is a supplier member of the International Franchise Association, speaker and instructor for the Association of RV Parks and Campgrounds, speaker and writer for the International Health and Racquet Sports Association also a speaker and writer for many other publications and organizations in all 3 industries. Finally, the company has launched a video series “How to Finance your Franchise” which can be accessed by clicking on this link. (https://business-finance-depot.teachable.com/p/how-to-buy-a-franchise)
Business Finance Depot is launching a new program (attachment) focusing on SBA loans helping veterans, minorities and women trying to finance a business.