Balboa Becomes Preferred Lender for Checkers & Rally’s Franchise Owners
DEC 11, 2018 - 6:30 am
Balboa Capital, a direct lender that specializes in franchise financing and franchise business loans, is now recognized by Checkers & Rally’s as a Preferred Lender for its nearly 900 franchise owners in the U.S. This affiliation gives single-unit and multi-unit Checkers & Rally’s franchisees access to funding provided by Balboa Capital to finance reimaging initiatives, and furniture, fixtures and equipment (FF&E).
Balboa Capital’s franchise financing team will also work with Checkers & Rally’s franchise owners who need to obtain franchise working capital to cover daily operational expenses.
“We are extremely proud to have secured a preferred lender position with Checkers & Rally’s, the largest drive-through restaurant brand in the country,” said Tyler Pratt, business development manager at Balboa Capital. “Making an informed decision is critical when it comes to selecting a lending company, and we are confident that our industry experience, aggressive rates, flexible terms, and quick turnaround times will instill confidence among Checkers & Rally’s franchise owners who are seeking growth capital.”
While merger and acquisition activity in the equipment finance industry paused during the depths of the COVID-19 pandemic, conditions driven by cash-rich businesses hungry for growth are aligning to make the post-pandemic market one of the most active of the... read more
Life today is beginning to resemble normalcy. But before we rapidly go back to what was, it’s important to take stock of what we’ve learned over the last 16 months and use the knowledge we’ve gained to guide us as... read more