Franchise Lender Butler Capital Commits $30 Million For Subway® Franchisee Loans

By: Subway | 0 Shares 181 Reads

HUNT VALLEY, MD (Wednesday, February 21, 2007) - Through its Franchise Finance Division, national commercial lender Butler Capital Corporation has committed $30 million in financing this year for SUBWAY® restaurant franchisees throughout the U.S.

Doctor's Associates Inc. (DAI), franchisor of SUBWAY® restaurants, in 2005 designated Butler as one of only six approved lenders for its entire international operation. Of the six, Butler is one of only three direct lenders.

In making the commitment to support SUBWAY® restaurant franchisees, Butler's chief operating officer, Joseph P. Serio, executive vice president, said, "Butler's principal business line is franchise funding, particularly in the fast-casual restaurant arena. SUBWAY® restaurants are the world's top submarine sandwich franchisor, so it's fitting that we dedicate our attention and our dollars to supporting a winning organization."

Established in 1978, Butler Capital is an independent, national lender that provides general business loans and leases. Its lending teams specialize in the fast-casual franchise restaurant, car wash, convenience store, drycleaning, and office furnishings/equipment markets. In addition, Butler maintains an active lessor/broker unit to purchase individual transactions and portfolios from brokers, lessors, and financial institutions nationwide and a sales finance unit that works with manufacturers to fund their customers' purchase of goods and services.

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