FranchiseWorks.com | Franchise Financing
Hire Small Business Loan Expert
. New EVP Mark Danford to Boost Funding Options for Potential Franchises
, Small Business Owners
Fort Worth, TX – In a move to maintain its position as the leader in funding solutions for franchising
and small business funding
, FranFund announced it has named banking and small business loan
veteran Mark Danford as Executive Vice President.
FranFund President and CEO Geoff Seiber said Danford’s depth of experience in banking and small business financing
, including his successful time at Small Business Loan Source, a nationwide preferred lender, will enhance opportunities for FranFund’s clients and promote continued entrepreneurship in today’s challenging economic climate.
“Mark’s expertise is invaluable as an increasing number of potential franchisees and other small business owners face challenges with securing loans,” Seiber said. “Adding Mark to the FranFund team was a proactive move to continue our leading role in providing access to capital for the nation’s budding entrepreneurs.”
Before joining FranFund
, Danford spent eight years as a Senior Vice President for Small Business Loan
Source (SBLS) in Houston, TX. While there, Danford helped SBLS rise from the 261st ranked SBA lender in the country to the 18th position based on loan volume. In 2008, Danford and SBLS closed over 300 loans for more than $100 million with a significant portion of those being in the franchise industry
In addition to his time at Small Business Loan Source, Danford also served as the Texas Business Banking Manager for First Bank, Vice President for the First State Bank of Texas, an underwriter at Small Business Loan Source and a credit analyst at Sterling Bank. He graduated in 1994 from Stephen F. Austin State University.
“I look forward to using my small business financial world background to help source and maintain reliable financing programs for our FranFund clients,” Danford said. “My goal is to break down barriers in today’s market that may be preventing many entrepreneurs from dreams of opening a franchise
or other small business.”
Founded in 2006, FranFund provides a single, expert resource that searches the marketplace for the best options to fund franchise
or independent business and then provide capitalization solutions based on individual needs and goals.
Founded in 2006 FranFund is headed by franchise industry veteran Geoff Seiber, FranFund is a total funding solution for franchising and small businesses. They are a single, expert resource that will search the marketplace for the best options to fund a franchise or independent business and then provide its owners with one or more capitalization solutions based on their individual needs and goals. FranFund does all of the homework, legwork and paperwork, allowing small business owners to focus on growing their businesses. FranFund’s board of directors includes Brad Fishman, CEO of Fishman Public Relations
, a national PR agency
specializing in strategic, results-driven publicity programs for more than 75 franchise companies, and Don J. Debolt, former 10-year President of the International Franchise Association. For more information, visit www.franfund.com
If you would like more information about owning a franchise financing
, go to www.franchiseworks.com
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and business opportunities
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sources, franchise and business opportunity trade show schedules along with the latest franchise news