Marco's Pizza adds to franchise lending toolbox

Marco's Pizza adds to franchise lending toolbox

Chain offers personal-guarantee insurance to aid franchise expansion

As franchise financing became more elusive over the past few years, Marco’s Pizza developed several creative programs, the latest of which is personal-guarantee insurance, to get more potential operators up and running.

The latest effort from the Toledo, Ohio-based chain aims to get more bank loans, and speed up the process, for franchisee candidates by covering up to 70 percent of the borrower’s liability.

Marco’s chief financial officer Ken Switzer said perso

Register to view the full article

Register to view this article

Already a member? .

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