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.
No tags available
A favorite question of the year-end issue is, “What lies ahead?” In the U.S., Canada, Latin America, Europe and China, expect continued industry growth that, in some cases, lacks the gusto of 2018. Trends to watch include the impact of... read more
To recognize suppliers committed to exceeding expectations, Honda of America Manufacturing hosts the Annual Indirect Procurement Supplier Awards, an event ceremony that shines a light on the important role of these strategic partners. This year, Pacific Rim Capital (PRC) of... read more