Industry News | April 20, 2012
United Capital Provides $1.9 Million to Jimmy John’s
United Capital Business Lending, a national business lender specializing in franchise finance, announced today that it provided $1.9 million in financing to Jimmy John’s Gourmet Sandwiches owner, J.T. & Company Investments, LLC.
United Capital refinanced six existing locations for the Florida-based franchisee and will also provide funding to open additional Jimmy John’s locations in the Orlando area.
“United Capital recognizes the strong performance of the Jimmy John’s franchise system,” says Trey Grimm, vice president and business development officer for United Capital. “So, we’re pleased to offer its franchisees financing for new store development, acquisitions, and debt refinance.”
United Capital Business Lending is a subsidiary of BankUnited, the largest bank headquartered in Florida, with more than $12 billion in assets.
In addition to Jimmy John’s, the United Capital team has financed franchisees for Subway, Denny’s, Dunkin’ Donuts, Papa John’s Pizza, Five Guys Burgers and Fries, and Buffalo Wild Wings, among others.
Food & Beverage
Thank you for signing up to receive QSR's flagship e-newsletter, A.M. Jolt. To help us better serve the information needs of our audience, please complete the information below.
In addition to A.M. Jolt, we also offer the following e-newsletters and communications. Please mark those you would like to receive.
- Business Services
- Cleaning & Sanitation
- Computer Systems/Software
- Dispensing Equipment
- Disposables, Packaging, Plastics
- Equipment Installation/Repair
- Financial Products/Services
- Food Products
- Franchise Opportunities
- Kitchen Equipment
- Safety Services/Products
- Security Systems