Pinnacle Commercial Capital to Manage Loan Program for Denny's
DEC 22, 2011 - 8:41 am
Denny’s, a full-service family restaurant chains, announced a loan program to support Denny’s domestic unit growth.
The program will be managed by Pinnacle Commercial Capital, a nationwide lender to the franchise industry. Pinnacle is partnering with BancAlliance, a bank-controlled cooperative managed by Alliance Partners which helps member banks diversify loan portfolios across a broader range of asset opportunities, and other participating lenders to provide up to $100 million to new and existing franchisees that open new restaurants in Denny’s under-penetrated markets in the U.S.
Indianapolis, IN-based Pinnacle Commercial Capital is a privately owned, specialty commercial finance company focused on providing loan products and sponsored programs to multi-unit franchisees, franchisors and other branded retail businesses.
BancAlliance is a cooperative network of community and regional banks working collectively to address the business model challenges that an over-reliance on real estate assets created.
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