Balboa Capital, one of the largest direct lenders in the United States that specializes in franchise financing, announced it has been selected as a preferred lender for McAlister’s Deli® franchise owners nationwide. Balboa Capital will work with McAlister’s Deli franchisees who require financing for furniture, fixtures and equipment (FF&E), lease-hold improvements and reimaging/remodeling efforts.
“We are very pleased to be chosen as a preferred lender for McAlister’s Deli franchisees, and our franchise financing team looks forward to providing them with flexible and cost-effective financing solutions,” said Angela Stoltenberg-Anderson, Director of Business Development for the Franchise Division of Balboa Capital’s Vendor Services Group. “This is a big opportunity for Balboa Capital, and we have every confidence that our franchise financing products will greatly benefit single-unit and multi-unit McAlister’s Deli franchise owners. Balboa Capital anticipates a long and productive business relationship with McAlister’s Deli and its franchisees.” Balboa Capital will be the exclusive lender at the upcoming McAlister’s Deli Annual Conference 2014. The event takes place April 29 through May 1 in New Orleans and will feature franchise owners, franchise operators, vendors and McAlister’s Deli corporate representatives.
“We are excited to partner with Balboa Capital and are pleased that they recognize the strength of the McAlister’s brand and business model,” says Jeff Sturgis, McAlister’s Chief Development Officer. “Securing relationships with companies like Balboa Capital is a part of our overall strategy to attract and encourage both new and existing franchise partners to develop McAlister’s restaurants.”
This is the tenth franchise financing partnership that Balboa Capital has secured during the past year. The company, which has become a proven leader in franchise financing, works with some of the largest franchise concepts in the quick service restaurant (QSR), hotel and hospitality, automotive, and retail industries.
For more information about Balboa Capital’s franchise financing program, please contact Angela Stoltenberg-Anderson at (866) 991-7911 or via email at angelaca@balboacapital.com.
About McAlister's Deli Founded in 1989, McAlister's® Deli is a fast casual restaurant chain known for its sandwiches, spuds, soups, salads, desserts and McAlister's Famous Sweet Tea™. In addition to dine-in and take-out service, McAlister's also offers catering with a selection of sandwich trays, box lunches, desserts, a hot spud bar and more. With numerous industry accolades, the McAlister's brand has more than 320 restaurants in 24 states. The company has corporate offices in both Alpharetta, Georgia and Ridgeland, Mississippi. For more information, visit www.mcalistersdeli.com.
About Balboa Capital Balboa Capital is one of the largest privately-held independent direct lenders in the United States delivering access to capital, speed of processing, dependable funding, industry-leading technology and innovative marketing tools that small and medium-sized customers require to fuel their growth and success. Celebrating 26 years in business in 2014, Balboa Capital markets its products through their small ticket, middle market and vendor sales channels. In addition to franchise financing, the company’s capabilities include equipment leasing, commercial financing, large ticket financing, small business loans and equipment vendor financing. For more information, please visit www.balboacapital.com.