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McAlister's Deli, a fast-casual restaurant, announced it has partnered with several lenders for franchise expansion nationwide. First Franchise Capital, Balboa Capital, and Franchise America Finance have committed to financing new construction and remodels, as well as POS upgrades and equipment.
“As we continue to drive aggressive franchise development across the U.S., we have established finance solutions that will assist new and existing franchisees with acquiring the necessary capital to grow,” says McAlister's Deli chief development officer Jeff Sturgis. “The development of this program is a testament to the strength of the brand and the confidence lenders have that McAlister’s is a sound, long-term investment for business owners.”
In 2014, McAlister’s will celebrate its 25th anniversary and expects to open 25 new restaurants in new and existing markets, including in Ohio, Texas, Pennsylvania, Wyoming, Arizona, New Mexico, Virginia, and Florida, among others.