Balboa Capital announced that it has become a qualified lender for Carl’s Jr. and Hardee’s franchisees nationwide. Balboa Capital will provide current and prospective Carl’s Jr. and Hardee’s franchise owners with financing programs for furniture, fixtures and equipment (FF&E), re-imaging initiatives and product improvement programs (PIPs). The company will also structure franchise working capital loans that can be used for daily operational needs.
“We are excited to be a qualified lender for Carl’s Jr. and Hardee’s franchise business owners and look forward to providing them with the flexible financing solutions they need to support further growth,” said Angela Stoltenberg-Anderson, director of Business Development for the Franchise Division of Balboa Capital’s Vendor Services Group.
“Our vast experience and proven success with leading quick-service restaurant brands is a valuable asset to Carl’s Jr. and Hardee’s franchisees,” Stoltenberg-Anderson continued. “We made significant investments in personnel and web-based technology to create a next-generation franchise financing platform that offers the ultimate in convenience. Applications can be submitted online in just a few minutes, credit decisions are made in one hour or less, and funding for even the most complex transactions is delivered quickly.”
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