Felker to Lead Washington Federal’s New Franchise Finance Division
APR 9, 2018 - 7:29 am
Washington Federal’s new Franchise Finance division will operate out of Scottsdale, AZ. The division will be led by Marisa Felker, who was formerly with CitiCapital and GE Capital Franchise Finance and has 25 years of experience.
The new division, under Felker’s leadership, will be responsible for assisting restaurant franchises in securing funding.
“In recent years, the restaurant franchise industry has been growing approximately 6% per year, and it is currently a $256 billion industry with no signs of slowing,” said Mike Brown, Arizona regional president of Washington Federal. “While Washington Federal has been involved in helping franchisees for decades, with the addition of Marisa’s expertise, the time felt right to launch our own platform to help these businesses reach full potential.”
Monitor’s Top 25 Vendor Players broke the $40 billion mark in new originations this year, but while most saw positive growth, the overall percentage increase slipped slightly from 6.4% in 2017 to 6.1% in 2018. The top eight companies from... read more
Up until I spotted the iceberg looming ahead, it had been a perfectly nice voyage. The CEO and I were both excited to launch a new product in a growing field. However, after my repeated requests to find more beta... read more