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For additional information: INNOVATIVE April 22, 2009 (Phoenix, AZ): While competitors are either retrenching or stagnating during the current national economic downturn, Villa La Paws® Resort and Spa has proactively devised a means of attracting and financing both area developers and franchisees through an innovative lending program with the Wells Fargo SBA Lending Division. “I refuse to accept the pervasive belief that there is no financing available for qualified purchasers”, asserts Villa La Paws® President/CEO Tom Murray, “so I devised my own version of an economic stimulus package through which everybody wins… the franchisee, the franchisor, AND the financial institution”. Murray proactively approached Wells Fargo with a solid UFFD-approved franchise plan and an invitation to exclusively partner with Villa La Paws® as they expand across the United States. In addition to Wells Fargo’s stability, excellent reputation and consistent support of small business, he admits that they were selected, in part, because of loyalty. He recollects that Wells Fargo is the current iteration of First Interstate Bank, the financial institution that “saved” his first business over 20 years ago by issuing him a last minute line of credit to meet payroll when his regular bank reneged on their agreement. Under the terms of their alliance, Villa La Paws® will refer all franchisees requiring financing to Wells Fargo but only after prequalifying them against SBA lending criteria; this not only saves the bank time and effort but also delivers a higher quality of applicant. Multi-award winning Villa La Paws® Resort & Spa currently has two Phoenix locations: on the northwest corner of 32nd Street and Shea Blvd. and on the northwest corner of Bell Road and I-17. Core services include cage-free dog daycare, pet grooming and overnight services; ancillary services include obedience training, in-home pet sitting, and limo service. A significant cornerstone of Villa La Paws® franchise is the incorporation of state-of-the-art technology such as a database driven website with online pet care information, 24/7 indoor/outdoor webcams, and a national reservations/information hotline which will provide a consistently positive experience for pets and their parents while enhancing and supporting the franchise network. For additional information, contact Tom Murray at 602-617-7731 or visit www.VillaLaPaws.com. - 30 - |