News

Carl's Jr., Hardee's select lender for re-imaging initiatives

March 10, 2014

Balboa Capital, a provider of franchise financing, announced that it has been named as a qualified lender for Carl's Jr. and Hardee's franchisees nationwide.

According to a news release, Balboa Capital will provide current and prospective Carl's Jr. and Hardee's franchise owners with custom-tailored financing programs for furniture, fixtures and equipment, reimaging initiatives and product improvement programs. The company will also structure franchise working capital loans that can be used for daily operational needs.

"We are excited to be a qualified lender for Carl's Jr. and Hardee's franchise business owners and look forward to providing them with the flexible financing solutions they need to support further growth," said Angela Stoltenberg-Anderson, director of Business Development for the Franchise Division of Balboa Capital's Vendor Services Group. "Our vast experience and proven success with leading quick-service restaurant brands is a valuable asset to Carl's Jr. and Hardee's franchisees."

Balboa recently made investments in personnel and web-based technology to offer a faster, more convenient financing platform, Stoltenberg-Anderson added.