Driving Innovation in Franchise Funding and Financial Technology

Our VP of Lending Shay Kleinschmidt brings over a decade of experience in franchise funding and financial technology. Her career, rooted in a strong work ethic developed on her family's Texas cattle ranch, has evolved from a passion for Small Business Administration (SBA) loans to shaping the lending department at FranFund. In a recent interview with CXO Outlook Magazine, she credited her success to "embracing relationships" both within her team and with industry partners, emphasizing that their people-first culture has been essential to their growth.

Under Shay's leadership, FranFund has earned a reputation for providing tailored, competitive funding solutions that empower entrepreneurs. She serves on several key industry boards, including the IFA Supplier Advocacy Board and the NAGGL Region VI Committee, advocating for the growth of small business funding. "We play a pivotal role in empowering startup and existing small business owners," she says, noting the broader economic impact of facilitating access to funding.

Technology is transforming the finance landscape, and Shay is committed to staying ahead of the curve by embracing AI, automation, and predictive analytics. These tools promise to make funding processes more efficient, enabling faster approvals and smarter financial decisions. Shay remains dedicated to continuous learning and adaptation, always striving to anticipate shifts in the industry and improve FranFund's offerings.

As one of the Top 50 Women Leaders in Finance for 2025, Shay attributes her success to "hard work, adaptability, and continuous learning," alongside her commitment to mentorship and fostering strong professional relationships. She believes that women’s unique strengths, such as emotional intelligence and adaptability, are key to driving innovation in the finance sector.

Looking ahead, Shay aims to drive further innovation in franchise funding over the next 5-10 years, ensuring that financial solutions remain flexible and accessible for all entrepreneurs. "The right funding strategy can set the foundation for long-term success," she advises aspiring entrepreneurs, emphasizing the importance of thorough preparation and strong financial strategies.

For more insights, read the full interview here.