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The employees

ME Funding, LLC has now accessed the whole-business securitization (WBS) market three times. Each transaction has pooled royalty revenues from the Massage Envy franchise network as collateral for fixed-rate notes. Each has been rated by KBRA. And each has been backed by a smaller network than the one before it. There is real risk to the owner operators.

return the money from the WBS, and fund franchise and franchisee growth.