FranFund Names Bob Rodi as Vice President of Credit and Risk Management

FORT WORTH, Texas (May 17, 2016) – To further strengthen its position as the leading expert in franchise and small business funding, FranFund has announced the new hire of credit scoring and interface specialist Bob Rodi as Vice President of Credit and Risk Management.

Rodi brings 35 years of experience in specialty and franchise financing to FranFund. Most recently, Rodi served as President and Managing Executive of Mount Pleasant Capital, the managing agent for a nationwide franchise finance platform with Franchise Credit, LLC. Over the course of the next 12 months, Rodi will assist in transitioning this and other Mount Pleasant Capital programs to FranFund, turning the organization into a total funding solution for franchising and small businesses.

“We are ecstatic to welcome Bob Rodi to the FranFund family. Throughout his career in the conventional side of this business, Bob was a true pioneer and has become instrumental to developing interfaces to the Fair Isaac liquid credit scoring system. When added to our long history in the rollover and SBA loans segment, FranFund is going to truly become the total financing package,” said Geoff Seiber, President and CEO of FranFund. “We’ll now be able to accomplish a wider variety of funding capabilities, which aligns with our mission of offering franchisors, franchisees and small business the most forward-thinking solutions.”

FranFund has provided franchises and independent businesses with financial backing and marketplace expertise for more than 10 years. As Mount Pleasant Capital winds down, Rodi’s software and funding expertise will be used to develop several additional programs that will strengthen FunFund’s extensive resources. These programs will be geared towards continuing to use its rollover product for equity if needed, helping franchisees into its SBA loan products and moving into the conventional side as they grow and mature. FranFund has planned several announcements to roll out new programs over the next few weeks and months.

“I could not be more thrilled to help make FranFund the one-stop-shop in franchise funding. By combining the experience between Geoff and myself and adding developed interfaces and credit scoring proficiency, we truly are ahead of the game,” said Rodi. “These new programs will allow FranFund to leverage its already prolific business, bringing complete funding to the industry so that our clients never have to leave.”

About FranFund

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 90 franchise companies, and Don J. Debolt, former 10-year President of the International Franchise Association

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