Industry News | April 20, 2012

United Capital Provides $1.9 Million to Jimmy John’s

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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.