Balboa Capital has been selected as an approved lender for Domino's Pizza franchise owners nationwide. Balboa Capital will provide its portfolio of financing options to franchisees who need funding for technology, equipment acquisition, working capital, store acquisitions and re-imaging.
"We are excited to expand our relationship with Domino's Pizza and provide their franchisees with the financing solutions they need," said Angela Stoltenberg-Anderson, director of Business Development for the Franchise Division of Balboa Capital's Vendor Services Group. "Becoming an approved lender for Domino's Pizza speaks to our expertise and proven success in the quick-service restaurant industry."
Balboa Capital has established relationships with other large QSR concepts throughout the U.S., according to a news release. Franchise finance applications can be submitted online from any computer, tablet or mobile device, and one-hour credit decisions are standard. Balboa Capital offers same-day funding for franchise equipment leasing, and franchise business loans are funded in a matter of days.
"We understand that Domino's Pizza franchisees are extremely busy and don't want any roadblocks when trying to acquire financing. Our franchise financing program gives them easy access to capital in a timely manner, and we think that's a significant advantage," Stoltenberg-Anderson said.
Read more franchising news.