In a significant move to strengthen its leadership team, FranFund, a premier provider of franchise funding solutions, has officially announced the promotions of Holly Bejar to Executive Vice President of Operations and Shay Kleinschmidt to Executive Vice President of Business Development. This strategic shift is aimed at reinforcing the company's commitment to growth and enhancing its service offerings.
Holly Bejar, previously serving as Vice President of Operations Plan Administration, will now oversee operations with a broader scope. Her experience and successful track record in facilitating scalable and compliant processes have been vital for FranFund's achievements thus far. With this new role, Bejar is tasked with elevating operational strategies across various teams, including lending operations and the Third-Party Administration (TPA) segment, as well as the FranPlan teams. Her promotion signifies a countenance towards continuous improvement and sustainable growth within the organization.
On the other hand, Shay Kleinschmidt has transitioned from Vice President of Lending to the new role of Executive Vice President of Business Development. Known for her strategic mindset and industry insight, Kleinschmidt has played a pivotal role in establishing FranFund's lending success and market stature. In her expanded capacity, she will focus on deepening and nurturing strategic partnerships, scouting new avenues for growth, and ensuring the overall credibility of the FranFund brand, while supporting long-term revenue strategies.
The leadership promotions are not merely titles; they reflect FranFund’s strategic vision and dedication to providing top-tier support to franchisees and franchisors in need of funding solutions. As emphasized by the company’s President, Sherri Seiber, Kleinschmidt’s outstanding analytical capabilities and focus on client relations position her uniquely to further propel FranFund during its next growth phase.
Geoff Seiber, the CEO of FranFund, echoed this sentiment by noting that these promotions showcase the individual strengths of Bejar and Kleinschmidt and FranFund's commitment to fostering a versatile and forward-thinking leadership team. He stated, "As we continue to grow and evolve, their expanded roles ensure we remain well positioned to deliver value to our partners, clients, and the broader franchise community."
FranFund has established itself as a dependable partner for franchise funding, offering various programs including SBA loans and Rollover as Business Startups (ROBS). This initiative to promote internal leaders amidst a growing demand in the franchising and small business financing sectors is indicative of the company's proactive approach to business. Recent accolades have solidified FranFund’s position within the industry, with Entrepreneur magazine recognizing it as the No. 1 Financing Supplier in franchising for three consecutive years. Furthermore, based on approved SBA loan volume, FranFund is ranked among the top 25 lenders in the United States.
As FranFund strategically positions itself for sustainable growth and heightened service delivery, the promotions of Bejar and Kleinschmidt are viewed as crucial moves to maintain its competitive edge. By reinforcing their operational and development sectors, FranFund aims to provide expert support and funding solutions to franchisees, allowing them to pursue their entrepreneurial dreams with confidence. For further information, visit
FranFund.