ApplePie Capital
ApplePie Capital provides specialized financial solutions for the franchise industry, offering a range of loan products and investment opportunities for institutional investors and banks.
Services
ApplePie Capital specializes in providing financial solutions tailored towards the franchise industry. The company offers a range of financing options including loans for new units, existing unit purchases, refinancings, recapitalizations, remodels, and equipment financing. ApplePie Capital also provides proprietary loan products such as ApplePie Core in partnership with Cross River Bank, and operates the ApplePie Guided Growth™ program to assist franchisees with liquidity and growth plans.
Products
ApplePie Capital's primary product offering includes ApplePie Core, a proprietary loan product designed specifically for franchising. Additionally, the company has a diverse selection of financing options, including loans for equipment starting at $15K, and other loans for purposes such as new units, refinancings, recapitalizations, and remodels starting at $100K. These products are available to franchise businesses and institutions looking to invest in high-quality franchises.
Sector
ApplePie Capital operates within the financial services sector, with a targeted focus on the franchising industry. The company's business model includes partnering with SBA lending partners and institutional investors to offer customized financial products to franchisees across the United States. By doing so, ApplePie Capital effectively bridges the gap between lenders and franchise businesses, facilitating the funding needed for various franchise-related investments.
History
Since its inception, ApplePie Capital has raised over $45 million in equity and overseen loan originations exceeding $1.6 billion. The company is headquartered in San Francisco, CA, with an additional office in Plymouth, MI. Its cumulative loan-loss rate has been maintained at 1.6% since 2015, reflecting effective risk management. In its Series C round, ApplePie Capital raised $6.5 million and reached an agreement with First Internet Bank to purchase $100 million in ApplePie loans made to franchisees.
Investment Opportunities
ApplePie Capital provides institutional investors and banks the chance to invest in high-quality franchise businesses. With captive commitments exceeding $500 million, the company presents a reliable and lucrative opportunity for investors seeking to fund franchised businesses. ApplePie Capital's financing model ensures investments are channelled into qualified franchise ventures, contributing to sustainable business growth within the franchising sector.