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Balboa Capital Becomes Approved Lender for Massage Envy Franchise Owners

October 17, 2018, 07:00 AM
Filed Under: Franchise Finance

Balboa Capital has been recognized by Massage Envy as an approved lender for its franchise owners throughout the United States. Balboa Capital will structure and deliver custom-tailored financing programs to Massage Envy franchisees who need funding for furniture, fixtures and equipment, remodeling initiatives and brand mandates.

Balboa Capital, an independent financing company that specializes in small business loans, equipment leasing and franchise financing, will also offer franchise business loans to Massage Envy franchise owners who require capital to cover daily operational expenses.

Founded in 2002, Massage Envy has more than 1,170 franchised locations in 49 states that have together delivered more than 135 million massages and facials. Massage Envy, based in Scottsdale, AZ, is a national franchisor.

“We are pleased to be an approved lender for Massage Envy and look forward to providing their franchise owners with flexible, affordable financing solutions,” said Tyler Pratt, Business Development Manager at Balboa Capital adding, “becoming an approved lender for this rapidly growing massage and spa concept speaks to our expertise and track record of success in the franchise financing arena, and our commitment to exceptional customer service.”

Balboa Capital enables single-unit and multi-unit Massage Envy franchise owners to leverage technology at each step of the financing process.

“Our best-in-class franchise financing platform was designed to meet the growing needs of franchisees who want an easy and efficient way to obtain growth capital in a timely manner,” Pratt said. “Applying online takes just a few minutes, and decisions are provided quickly thanks to our proprietary scoring system. Upon approval, franchise owners can expect to receive funds in a matter of days.”

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