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Balboa Capital, a provider of franchise financing in the U.S., announced it has been named as a preferred lender for Papa John's current and prospective franchisees nationwide.
Balboa Capital will provide tailored financing solutions for furniture, fixtures and equipment (FF&E), re-imaging/remodeling efforts, product improvement programs (PIP) and lease-hold improvements.
Balboa Capital has experience working with franchise business owners in the quick-service restaurant segment and recently expanded its franchise division to meet the growing demand of this specific sector.
Angela Stoltenberg-Anderson, director of Business Development for the Franchise Division of Balboa Capital's Vendor Services Group, established the financing partnership with Papa John's.
"We developed a financing program for Papa John's that will meet and exceed the expectations of their franchisees throughout the country," she said.
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