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.
The 28th annual list of Monitor 100 companies reported $514.1 billion in net assets, $201.1 billion in originations and 28,666 employees. The group maintained steady momentum in portfolio growth, posting a 5.8% year-over-year increase, with 82 companies recording net gains... read more
AI and robotics process automation are hot topics. How close is the equipment finance industry to adopting these trends and how will it affect large and small lessors? Katie Emmel: AI and robotic processes have the potential to deliver great... read more