American Family Care Secures up to $30 Million in Franchisee Financing Through ApplePie Capital to Help Fuel Franchise Growth
Partnership promises to help one of the fastest-growing franchise companies open new units all over the US in 2019
BIRMINGHAM, ALA. (PRWEB) March 20, 2019 - American Family Care (AFC), the nation's leading provider of urgent care and accessible primary care has partnered with ApplePie Capital to offer new and existing franchisees access to up to $30 million in debt capital to drive continued expansion across the U.S.
Over the past 36 years, AFC has pioneered the concept of urgent care and expanded its footprint to become one of the nation's leading health care providers. Each clinic features a high-tech, high-touch approach, including digital x-rays, on-site lab testing, state of the art diagnostics, and electronic medical records. American Family Care is excited to offer multi-unit franchise opportunities to individuals looking to develop a larger market while owning, operating, staffing, and overseeing training for multiple AFC franchise locations.
“We are excited to partner with ApplePie Capital as they understand American Family Care’s business model, brand promise and core values. ApplePie is a proven leader in franchise finance, and like us, is focused on the sustainable, long-term growth of our franchisees. This partnership is a key step in our strategic initiatives to fuel the growth of new and existing franchisees and increase our brand awareness,” said D. Bruce Irwin, M.D., Founder and CEO of AFC. "This partnership will also be critical to our ongoing mission to deliver compassionate, convenient health care to patients around the corner and around the nation."
"ApplePie Capital is thrilled to add American Family Care to the franchisors we serve," said Denise Thomas, CEO and co-founder of ApplePie. "We are very selective in the brands we partner with and look for franchisors with strong unit-level economics, low closure rates, and successful franchisees. The track record for American Family Care in these areas made it an easy decision to begin a partnership. We look forward to supporting their franchisees’ long-term growth plans."
About American Family Care
Founded by Dr. Bruce Irwin with a single location in 1982, American Family Care has pioneered the concept of non-emergency room urgent care. With its 2013 acquisition of Doctors Express, and its subsequent rebranding, AFC has become the nation's leading provider of urgent care, accessible primary care, and occupational medicine, with more than 180 clinics and 600 in-network physicians caring for nearly 3 million patients a year. Ranked by Inc. Magazine as one of the fastest growing companies in the U.S., AFC's stated mission is to provide the best healthcare possible, in a kind and caring environment, while respecting the rights of all patients, in an economical manner, at times and locations convenient to the patient. For more information, visit https://afcfranchising.com/
About ApplePie Capital
ApplePie Capital is an innovative financial solutions provider dedicated to franchising. ApplePie provides a wealth of financial choices for franchise entrepreneurs at every stage of their development, with a diverse and growing network of capital providers and financing solutions, including growth capital, SBA and conventional loans, and equipment financing. ApplePie's franchise finance experts are focused on matching clients with the right option at the right time, maximizing their efficiency and reducing the headaches of working separately across individual lenders. For more information, visit http://www.applepiecapital.com.
SOURCE American Family Care