Las Vegas, Nevada (PRWEB) February 22, 2013 - Eric Renaud of Direct Capital, one of the nation's leading providers offranchise financing, was recognized today as a Certified Franchise Executive by the Institute of Certified Franchise Executives. Renaud completed a comprehensive course of study in franchise management offered by the institute, which is the academic branch of the International Franchise Association’s Educational Foundation. The International Franchise Association is the world’s oldest and largest organization representing franchising worldwide and will host the presentation during its annual convention in Las Vegas, Feb. 17-20.
Renaud is the Senior Vice President of Portfolio Management. He has overseen huge growth in Direct Capital’s franchise lending, has decades of experience working with franchisors and franchisees and is a frequent speaker at International Franchise Association panels.
Nearly 1,500 franchise executives are now enrolled or have received certification. More than 300 IFA-member companies currently have one or more executives enrolled in the program that provides benefits such as specialized knowledge, industry recognition, peer-level networking and professional standing.
Candidates are required to complete a rigorous course of study to earn the CFE designation, which includes attending institute-sponsored educational seminars and workshops. The program enhances franchise professionals’ understanding of the industry’s fundamental and complex aspects.
Established in 1993, Direct Capital (http://www.directcapital.com) provides financing for small- to mid-ticket equipment, franchise remodels and technology purchases, working capital, and business loans. The company is headquartered in Portsmouth, N.H. and operates offices in New York, California, and Georgia. You can follow Direct Capital on Twitter at http://twitter.com/DirectCapital or subscribe to its PointBlank blog at http://blog.directcapital.com/.