finance

Snooze Latest To Offer Vendor Finance To Franchisees

StartupSmart: Bedding retailer Snooze has become the latest franchise to offer vendor finance for its franchisees, following in the footsteps of the likes of Baker’s Delight. Snooze will offer approved prospective franchisees the option of receiving vendor finance. This will allow new franchise partners to acquire a store through direct finance from Snooze, rather than […]

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Rocky Mountain Chocolate Factory Posts Record Revenues

QSRweb.com: Rocky Mountain Chocolate Factory Inc., which franchises and operates chocolate and self-serve frozen yogurt stores and manufactures an extensive line of premium chocolates and other confectionery products, reported its operating results for the first quarter of fiscal 2013. For the three months ended May 31, 2012, total revenue increased 11.8 percent to approximately $9.7

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Southern California Domino’s Franchisee Receives Financing For Growth

Pizza Marketplace.com: GE Capital, Franchise Finance recently provided a $7.1 million credit facility to Hishmeh Enterprises, a Domino’s Pizza franchisee. The funding includes a $5.6 million term loan to refinance existing debt and a $1.5 million development line of credit for growth capital. The financing was provided through GE Capital’s bank affiliate, GE Capital Bank.

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United Capital Commits $100 Million To Dunkin’ Franchisees

QSR magazine: United Capital Business Lending, a national business lender specializing in franchise finance, announced today that it provided $3.7 million to Dunkin’ Donuts owner, Velocity Brands Holdings, LLC. United Capital refinanced eight locations for the Florida-based franchisee, and provided funds to acquire six existing Dunkin’ stores. United Capital also established a development line for

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McDonald’s Comp Sales Fall In Japan And China

QSRweb.com: McDonald’s Corporation today announced global comparable sales growth of 3.3 percent in May. Performance by segment was as follows: • U.S. up 4.4 percent • Europe up 2.9 percent • Asia/Pacific, Middle East and Africa down 1.7 percent “Our commitment to providing customers with menu variety, value and convenience delivered global comparable sales growth

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