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News Stories (46 Results) - Franchise Finance

BBVA USA announced it has promoted Kevin Fretz to the position of BBVA USA Director of Franchise Finance.Fretz will be tasked with managing the bank’s franchise finance division, helping clients throughout the customer journey of obtaining, operating... Read Story
November 18, 2019, 07:15 AM


Twin Peaks Restaurants announced it is teaming with ApplePie Capital to allocate up to $30 million in debt capital to its franchisees and propel its franchise expansion to new and existing groups.“It is of the utmost importance for us to ensure our... Read Story
November 05, 2019, 07:10 AM


Jeffrey K. Hoffmann, a veteran banking executive who has provided strategic advice and capital solutions to operators of some of the biggest restaurant brands in North America, has joined A&G Real Estate Partners as a Senior Managing Director and... Read Story
October 31, 2019, 07:10 AM


MidCap Financial announced it has closed the acquisition of substantially all of PNC Bank's Franchise Finance loan portfolio. In conjunction with the acquisition, six members of the Franchise Finance business have joined MidCap Financial, including... Read Story
October 02, 2019, 07:26 AM


DCV Franchise Group announced plans to assist U.S.-based franchisors with finding suitable lending options in Canada. The move is aimed to create a formal relationship with Canadian lenders, offering a franchise finance option in Canada that no other... Read Story
August 26, 2019, 07:05 AM


The nation's largest and fastest-growing franchise brands have named FranFund, Inc., the No. 1 provider of financing solutions for franchisees on Entrepreneur magazine's 2019 "Best in Service" ranking.FranFund offers funding programs to help... Read Story
August 20, 2019, 07:10 AM


CIT Group Inc. announced it served as sole lead arranger of a $60 million financing for Carolina Restaurant Group (CRG), operators of 108 Wendy’s restaurant franchises across North Carolina and South Carolina.Based in Charlotte, NC, CRG has been in... Read Story
August 07, 2019, 07:05 AM


Rockland Trust has appointed Mark McGwin as First Vice President and Senior Market Manager for Franchise Lending. This is a new role at the bank for which he will develop and lead a multi-brand finance unit supporting franchises in the Northeast. He... Read Story
June 27, 2019, 07:18 AM


Grease Monkey International, LLC announced it is working with ApplePie Capital to offer new and existing franchisees access to up to $20 million in debt capital to drive continued expansion across the U.S.“Grease Monkey is committed to helping our... Read Story
April 26, 2019, 07:07 AM


American Family Care (AFC) has partnered with ApplePie Capital to offer new and existing franchisees access to up to $30 million in debt capital to drive continued expansion across the U.S.Over the past 36 years, AFC has pioneered the concept of... Read Story
March 21, 2019, 07:10 AM


Ascentium Capital LLC announced the development of a national finance program with Massage Envy, a leading provider of therapeutic massage and skin care services.Ascentium Capital’s finance program will offer affordable monthly payments, deferred... Read Story
January 23, 2019, 07:25 AM


Benetrends Financial, a provider of franchise funding, has broadened its offerings to include recruiting and hiring software for franchises. Benetrends has acquired the franchise hiring software division of Jordan Gilmore Inc. (JGI) and will continue... Read Story
December 26, 2018, 07:21 AM


Balboa Capital announced it is now recognized by Checkers & Rally’s as a Preferred Lender for its nearly 900 franchise owners in the United States. This affiliation gives single-unit and multi-unit Checkers & Rally’s franchisees access to funding... Read Story
December 10, 2018, 07:05 AM


ApplePie Capital announced it recently surpassed $300 million in loans originated to franchise entrepreneurs opening or expanding their businesses.Driving ApplePie’s momentum are deep partnerships with more than 40 high-quality and growing franchise... Read Story
November 20, 2018, 07:05 AM


First Horizon National Corporation announced executive leadership appointments and a realignment of its consumer and wholesale banking segments to advance its long-term strategic objectives. Todd Jones, previously Managing Director and Group Head of... Read Story
November 05, 2018, 07:25 AM


People's United Bank, N.A. a subsidiary of People's United Financial, Inc. has bolstered its commercial banking capabilities with the formation of Franchise Finance, Technology/Private Equity Finance and Not-For-Profit Finance teams. Three senior... Read Story
August 30, 2018, 07:25 AM


CIT Group Inc. announced it is expanding its Business Capital team with the addition of two business development officers to help support growth initiatives for business technology solutions.“Expanding our business development team will enable us to... Read Story
June 27, 2018, 07:25 AM


Live Oak Bank announced it has officially launched a new lending division focused on financing for the franchise restaurant industry. The vertical marks Live Oak’s 18th industry specific lending division and will include all franchise businesses from... Read Story
May 24, 2018, 07:28 AM


CIT Group Inc. announced its Franchise Finance team, part of CIT's Business Capital division, has closed a $25 million loan to La Palma, Calif.-based Friendly Franchisees Corporation. Friendly Franchisees is a leading owner and operator of Carl's Jr... Read Story
May 24, 2018, 07:20 AM


CIT Group announced three key additions to the Restaurant Franchise Finance team within its Equipment Finance business to support growth in this part of the industry. "With these appointments, we are continuing to build our Franchise Finance team to... Read Story
February 01, 2018, 07:20 AM


ApplePie Capital, the first online lender solely dedicated to the franchise industry, announced the appointment of franchise industry veteran Ronald Feldman as chief development officer, as well as the acquisition of Funding Solutions, LLC, a... Read Story
April 20, 2017, 07:19 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that Lindy Baldwin has joined the bank's Franchise Finance team as Managing Director, Franchise Finance and Vice President. She will report to Keith Smith, Senior... Read Story
December 13, 2016, 07:15 AM


ApplePie Capital, the first online lender solely dedicated to the franchise industry, has entered into a $180 million loan purchase agreement with TowerBrook Capital Partners L.P. (TowerBrook) to purchase franchise loans originated by ApplePie over a... Read Story
December 13, 2016, 07:00 AM


JPMorgan Chase announced that Clarence Nunn will join the firm to lead the continued Middle Market expansion strategy in the Southeast and to manage the Franchise Finance business for Chase’s Middle Market Banking & Specialized Industries (MMBSI)... Read Story
September 15, 2016, 06:05 AM


Wintrust Financial Corporation announced that the franchise finance group (“Wintrust Franchise Finance”) of its subsidiary Lake Forest Bank and Trust Company has signed a definitive agreement  to acquire approximately $581 million in performing loans... Read Story
July 01, 2016, 07:12 AM


GE has entered into separate agreements with three buyers to sell the bulk of GE Capital’s U.S. restaurant franchise financing assets. The combined transactions represent ending net investment (ENI) of approximately US$1.4 billion as of first quarter... Read Story
June 28, 2016, 07:12 AM


LeaseQ, an online marketplace that connects business owners, equipment sellers, and lenders to make selling and financing equipment fast and easy, announced the LeaseQ Franchise Platform, a financing platform built specifically for franchise industry... Read Story
June 21, 2016, 06:45 AM


CIT Group announced the launch of a mid-cap restaurant franchise finance practice to complement its successful large and small restaurant franchise financing businesses. “CIT franchise finance has long been recognized as a leading provider of... Read Story
June 16, 2016, 07:05 AM


Canadian Western Bank announced its recent signing of an asset purchase agreement to acquire GE Capital's Canadian Franchise Finance business. The business provides financing across Canada to a diverse group of established companies in the... Read Story
April 08, 2016, 07:12 AM


GE  has reached an agreement to sell GE Capital’s Franchise Finance U.S. hotel business to Western Alliance Bank, a wholly owned subsidiary of Western Alliance Bancorporation. The sale includes approximately $1.4 billion in ending net investment... Read Story
March 30, 2016, 07:15 AM


Ascentium Capital announced that Angela Anderson has joined the company to develop their growing regional and national franchise divisions. Anderson comes with a wealth of experience within the industry, having spent 18 years in business financing.... Read Story
December 23, 2015, 07:14 AM


Ascentium Capital has been chosen by Cowberry Frozen Yogurt as their preferred finance partner. The customized finance program is available to the entire United States and Puerto Rico franchise footprint.Cowberry Frozen Yogurt is a frozen dessert... Read Story
October 30, 2015, 07:00 AM


Creekridge Capital announced the firm has added Joe Haynes as a Franchise Sales Manager who will focus on franchise financing solutions that include total equipment, reimage and working capital solutions to franchisees.Haynes comes to Creekridge with... Read Story
October 28, 2015, 07:09 AM


GE Capital’s Franchise Finance business announced today that it is administrative agent on a $58.75 million credit facility for PF Growth Partners, LLC (PFGP), one of the largest franchisees of Planet Fitness® clubs. The funds will be used to... Read Story
March 03, 2015, 07:08 AM


Balboa Capital announced the launch of an intuitive online financing platform that provides quick-service restaurant (QSR) and hospitality franchise owners with a simple and efficient way to apply for financing and business loan products. "We are... Read Story
February 18, 2015, 06:50 AM


Marlin Business Services Corp. announced the launch of its Franchise Finance Group with the hiring of Joshua A. Rouswell as Director of Franchise Financing and Joseph G. Haynes as Franchise Financing Manager. Mr. Rouswell and Mr. Hayes will be... Read Story
October 14, 2014, 07:05 AM


Benetrends announced McAlister's Deli has secured funding through its $100 million franchise financing program, which launched in January. McAlister's, a leading fast casual restaurant, will receive $15 million in funding to drive its expansion... Read Story
July 25, 2014, 06:44 AM


Signature Bank announced that its specialty finance subsidiary, Signature Financial LLC, will begin offering direct finance services for both the franchise and commercial marine industries on a national basis. Signature Financial’s franchise business... Read Story
July 11, 2014, 07:00 AM


Arby’s Restaurant Group, Inc. (ARG) has entered into an agreement with Element Financial Corp. to power the Arby’s Remodel Financing Program. Earlier this month, Arby’s announced a new Brand Revitalization and remodel program with plans to renovate... Read Story
July 01, 2014, 07:00 AM


GE Capital’s Franchise Finance business announced that it has provided $35.5 million in senior debt to Valenti Mid-South Management, LLC, a major Wendy’s franchisee based in Tampa, FL. The funds will be used to refinance most of the company’s senior... Read Story
May 28, 2014, 06:00 AM


CIT Canada announced that it provided $8 million in franchise financing to the BLCO Group, one of the largest multi-unit Kentucky Fried Chicken (KFC) franchisees in Canada. The franchise financing will be used to refinance debt and for capital... Read Story
April 07, 2014, 06:30 AM


Benetrends announced it has added two finance specialists to its Philadelphia-area corporate team as part of its growth plan for 2014. The company appointed Stacey Kuzniasz as SBA Funding Specialist and Britt Blakeley as Senior Sales... Read Story
March 19, 2014, 06:21 AM


Element Financial (formerly CoActiv) will provide BURGER KING franchisees throughout North America with new financing options for Next Generation Kitchen (NGK) equipment purchases and installations.  Element’s program simplifies the process for... Read Story
February 24, 2014, 07:02 AM


Balboa Capital announced it has been selected as a preferred financing partner for Pita Pit franchise business owners nationwide. Through this partnership, Balboa Capital will bring its industry-leading franchise financing products and services to... Read Story
December 11, 2013, 06:28 AM


Balboa Capital announced that is has been selected as an Approved Lender for Domino's Pizza franchise owners nationwide. Balboa Capital will provide an expanded portfolio of flexible financing options to Domino's Pizza franchisees who need funding... Read Story
November 21, 2013, 06:50 AM


CIT Canada announced the appointment of Douglas McKenzie as Specialty Finance Leader, effective immediately. He will report directly to Blake Macaskill, Managing Director, CIT Canada.  McKenzie will be responsible for building CIT Canada’s Franchise... Read Story
October 11, 2013, 06:45 AM