First Internet Bank and ApplePie Capital announced a loan purchase agreement to provide financing solutions for franchisees.Under the agreement, First Internet Bank expects to purchase $100 million of ApplePie’s growth-oriented “ApplePie Core"...
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October 14, 2021, 07:00 AM
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For the second year in a row, KeyBank joins Entrepreneur magazine's list of Top Franchise Suppliers, ranking the regional bank among some of the best in the nation to empower franchisees to launch, grow, expand or evolve their businesses. This year...
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October 05, 2020, 09:05 AM
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Tropical Smoothie Cafe, one of the fastest growing franchise concepts in the country, 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...
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March 30, 2018, 08:00 AM
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Freedom Boat Club, the world’s largest and oldest members-only boat club, has selected Northpoint Commercial Finance as its provider for a new, specially designed install and pay finance program for its franchise network. As a franchise club...
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September 25, 2017, 08:00 AM
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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...
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December 13, 2016, 07:33 AM
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Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced 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 Managing...
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December 13, 2016, 07:22 AM
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Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced it has entered into a definitive agreement with GE Capital to acquire a portfolio with approximately $190 million of performing restaurant franchise financing loans....
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June 29, 2016, 08:01 AM
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McAlister's Deli, a leading fast casual restaurant, announced today it has partnered with several lenders for franchise expansion nationwide. First Franchise Capital, Balboa Capital and Franchise America Finance have committed to financing new...
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March 25, 2014, 07:17 AM
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BMO Harris Bank recently provided a $21.7 million loan facility to Scott and Tani McMillan, the largest franchisees of Sonic Drive-In restaurants in California. With 24 restaurants in the state, the McMillans used the funds to recapitalize their...
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March 12, 2014, 07:38 AM
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