Applepie Capital Raises $6.5 Million In Series C Funding; Surpasses $1.25 Billion In Loan Originations Since Inception
Applepie Capital Raises $6.5 Million In Series C Funding; Surpasses $1.25 Billion In Loan Originations Since Inception
10/13/21, 2:00 PM
Location
san franciscoMoney raised
$6.5 million
Round Type
series c
ApplePie Capital, the leading provider of innovative growth financing for franchise businesses, today announced a $6.5 million Series C round, led by Bankers Healthcare Group (BHG), the leader in unsecured business and personal loans, and creator of the largest community bank loan and product network in the United States. ApplePie also revealed that the company recently surpassed $1.25 billion in loans originated to franchise businesses since it began lending in 2015.
Company Info
Location
san francisco, california, united states
Additional Info
Headquartered in San Francisco, ApplePie Capital’s franchise loan marketplace brings a new economy to franchise financing, enabling single- and multi-unit franchisees to efficiently obtain financing to start or expand their franchise business. ApplePie Capital also enables investors to earn attractive fixed-income returns with established high-quality franchise brands. Since it started lending in January 2015, ApplePie has formed partnerships with 60 franchise brands and facilitated the funding of over $1.25 billion in franchise loans. For more information, visit www.applepiecapital.com.