News

Burger King secures financing partner for kitchen equipment initiative

February 20, 2014

LEAF Commercial Capital, an equipment leasing and financing company headquartered in Philadelphia, announced it has been selected as a preferred financing partner for Burger King Corporation in support of the deployment of its Next Generation Kitchen.

According to a news release, the Next Generation Kitchen is an "economically viable, highly efficient engineered design that incorporates the latest equipment technologies."

The new design is aimed at yielding higher capacity, enabling faster production times, improving food quality and food safety, reducing operating costs and increasing menu flexibility, the release said.

LEAF will offer its line of financing solutions and services to Burger King's franchisees in the U.S.

"After conducting a comprehensive RFP process, Burger King Corporation selected LEAF as one of its vendors because of our experience within the Burger King system and our tailored options designed to maximize the benefits of Next Generation Kitchen Equipment," said Crit DeMent, chairman and CEO of LEAF. "A recognized industry leader, LEAF has perfected the financing process for franchisees with fast credit decisions, online tools to apply and manage their account 24/7 and dedicated account professionals that are there to help with all of their financing needs."