Balboa Capital announced it has just launched a hotel-specific franchise finance program to assist franchisees within the lodging and hospitality industry.

“Our program offers franchisees more access to the funding and working capital solutions they need to lease equipment, acquire software, remodel or open a new location,” said William McGrew, business development manager at Balboa Capital.

Balboa Capital has been a financing resource for franchisees throughout the U.S. since 1988. “Our extensive experience in franchise financing, specifically in the hotel and hospitality arena, is a tremendous benefit to hotel franchisees because we fully understand their business and its unique capital requirements,” said Patrick Ontal, vice president of sales at Balboa Capital.

Category – New Ventures Tags – Balboa Capital, Franchise Finance, Hospitality Industry