Le Lézard
Classified in: Business
Subject: JVN

Balboa Capital Becomes Preferred Lender For Checkers & Rally's Franchise Owners


COSTA MESA, Calif., Dec. 07, 2018 /PRNewswire-PRWeb/ -- Balboa Capital, a leading direct lender that specializes in franchise financing and franchise business loans, is now recognized by Checkers & Rally's as a Preferred Lender for its nearly 900 franchise owners in the United States. This affiliation gives single-unit and multi-unit Checkers & Rally's franchisees access to funding provided by Balboa Capital to finance reimaging initiatives, and furniture, fixtures and equipment (FF&E). Balboa Capital's franchise financing team will also work with Checkers & Rally's franchise owners who need to obtain franchise working capital to cover daily operational expenses.

"We are extremely proud to have secured a preferred lender position with Checkers & Rally's, the largest drive-through restaurant brand in the country," said Tyler Pratt, Business Development Manager at Balboa Capital. "Making an informed decision is critical when it comes to selecting a lending company, and we are confident that our industry experience, aggressive rates, flexible terms, and quick turnaround times will instill confidence among Checkers & Rally's franchise owners who are seeking growth capital."

About Balboa Capital
Balboa Capital is a technology-driven financing company that provides business owners with fast, hassle-free solutions to fuel their growth and success. The company specializes in small business loans, equipment financing, commercial financing, equipment vendor financing, and franchise financing. Balboa Capital developed an intuitive online platform that simplifies the entire financing process. Calculators provide instant estimates, applications can be completed and submitted in a matter of minutes, and sophisticated credit scoring technology provides instant decisions. To learn more, visit https://www.balboacapital.com.

About Checkers & Rally's Restaurants, Inc.
Based in Tampa, Fla., Checkers & Rally's Restaurants, Inc., an iconic and innovative drive-thru restaurant chain known for its "Crazy Good Food," exceptional value, and people-first attitude, operates and franchises both Checkers® and Rally's® restaurants. With nearly 900 restaurants and room to grow, Checkers & Rally's is a proven brand with flexible building formats that is aggressively expanding across the country. Checkers & Rally's is dedicated to being a place where franchisees and employees who work hard can create opportunity for themselves, their families, and their communities. In recent years, the brand has been awarded several of the industry's most prestigious awards including: Ranking #140 on Entrepreneur's 2018 Franchise 500, Top Food and Beverage Franchise by Franchise Business Review, 2016, 2017 and 2018 Best Franchise Deals, "Best Drive-Thru in America" by QSR Magazine, the "Hot! Again" award from Nation's Restaurant News, and "#1 Most Craveable Fries" by Restaurant Business. For more information about franchise opportunities with Checkers & Rally's, please visit http://www.checkersfranchising.com.

 

SOURCE Balboa Capital Corporation


These press releases may also interest you

at 03:25
Q1 2024 Key figures1 ? Revenue of EUR 1,439.5 million in the first quarter of 2024, up 2.5% year-on-year and up 8.0% organically ? Strong organic growth from Industry +16.3%, Certification +13.7%, Marine & Offshore +13.6%, compared to the first...

at 03:16
First quarter Net sales reached SEK 9.4 (13.0) million.The operating result totaled SEK -18.4 (-14.4) million.Earnings per share, basic and diluted, were SEK -0.11 (-0.09).Cash flow from operating activities totaled SEK -7.3 (-12.2) million.CEO...

at 03:09
Sungrow, the global leading PV inverter and energy storage system provider, released its annual report 2023 recently. The company attained unprecedented revenues and profits, fueled by robust demand across diverse global markets....

at 03:05
IG Canada, a premier online trading platform, is pleased to announce significant enhancements to its trading technology, designed to empower both novice and experienced traders with superior tools and resources. This development is part of IG...

at 03:03
International medical imaging IT and cybersecurity company Sectra (STO: SECT B) will provide its platform for medical education, Sectra Education Portal, to four university colleges in Denmark. With the solution, they aim to elevate the educational...

at 02:57
For Q1 2024, NORDEN reports a profit of USD 62 million (approx. DKK 435 million). Free cash flow in the first quarter amounted to USD -50 million (approx. DKK -350 million). Return on invested capital (ROIC) was 26% by end of Q1 based on the last...



News published on and distributed by: