Skip navigation

Dunkin' inks franchise finance deal

CANTON Mass. Dunkin' Donuts parent Dunkin' Brands Inc. has entered into a deal to provide franchisees of its various quick-service brands with financing.

The agreement with CIT Group Inc., a New York-based finance company, will channel the "flexible" financing into existing as well as new markets, the parties said.

CIT has about $80 billion in managed assets. Dunkin’ Brands, which has a 50-year relationship with the finance company, is the fanchisor of Baskin-Robbins and Togo’s as well as Dunkin' Donuts. Together, the three chains comprise about 30,000 units.

TAGS: Finance News
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish