WESTON, Fla., June 14, 2016 /PRNewswire/ -- Health Club Experts (dba BusinessFinanceDepot.com) has expanded its partnership with Funding Wonder, a Miami-based crowdfunding platform, to offer financing to the fitness industry and franchisees, and provide access to private investors.
Health Club Experts will launch its crowdfunding lending opportunities with Funding Wonder at the International Franchise Expo June 16 – 18 in New York. Visit booth #877.
The move comes at an opportune time. In May, the SEC expanded the scope of business financing to include non-accredited investors for the first time. Now small businesses and startups have the ability to raise funding from just about anyone who's interested in being an investor. Government regulations had limited investments to accredited investors, individuals with a net worth of at least $1 million.
"Anyone looking to finance the purchase of a franchise has a unique opportunity to raise funds from friends, family and the general public, providing them an opportunity to make money in return. The new lending guidelines completely change the financing landscape and our clients will have a unique opportunity without having to go to a bank or the SBA," says Paul Bosley, founder and managing member of Health Club Experts.
Health Club Experts has been an official partner of Funding Wonder (FundingWonder.com) since its launch in 2014. Funding Wonder set out to provide small businesses access to debt financing and investors the opportunity to help local businesses grow.
Unlike many online lenders where businesses receive short-term loans with double digit interest rates, Funding Wonder allows businesses and investors to define interest rates and terms via a bidding process.
"We're helping businesses grow by giving them the opportunity to raise funds from private investors that know them well," saysMichael Mildenberger, CEO and co-founder of Funding Wonder. "And in the process, we empower bother parties to negotiate interest rates and terms directly with each other."
About Health Club Experts (dba Business Finance Depot)
Formed in June 2006 to serve to the health club industry by selecting the best of the breed in the key fields of construction, architectural design, equipment selection, finance and marketing. Visit BusinessFinanceDepot.com.
About Funding Wonder
Funding Wonder, Inc. is an online Social Lending Community founded in 2013 that connects established small and medium businesses looking for loans with private investors seeking good returns. Visit FundingWonder.com.
Contact: Patricia Maldonado, 305-490-8831
patricia@littlefishmedia.net
SOURCE Health Club Experts