Franchise Banking
Specialized financing and treasury solutions to help franchise businesses grow.
Franchise businesses play a vital role in the economy, and your financial needs require specialized expertise.
At Associated Bank, we offer customized lending and treasury management solutions designed for the special requirements of franchisors. Associated Bank’s franchise banking team takes the time to understand your business, including its history, corporate requirements, operating footprint and long-term targets. From there, we can structure solutions that align with your business strategy.
Examples of franchises we serve
- Quick service (QSR) and fast-casual restaurants
- Early childhood education and care centers
- Fitness facilities
- Home and retail services
- Automotive services and convenience stores
Other banking and financing solutions we offer
We can customize our deep range of banking and lending products and services to meet the specific goals of franchisees who want to establish or expand their business.
Acquisitions—Build your business through acquisitions, expansions and buyouts with an experienced financing and advisory support team that focuses on certainty, speed and value.
Real estate—Develop and expand locations, backed by our team’s knowledge of specialized financing needs such as opco/propco arrangements.
Refinancing & recapitalization—Optimize cash flow, address change and fuel growth through the solutions that Associated Bank offers that are tailored to franchisees’ business operations and real estate holdings.
Development lines of credit—Expand your franchise portfolio with the help of our flexible development lines of credit. Fund new locations, remodels, equipment upgrades and construction costs, and draw as your projects progress.
A full suite of banking solutions
Treasury management
Manage and control cash flows through advanced technology and solutions tailored for commercial businesses.
Fraud solutions
Help keep your accounts as secure as possible with services such as positive pay, payee positive pay, check blocks, stop payment and ACH blocks and filters.
Lending solutions
Increase financial flexibility with lending solutions including term loans, lines of credit and letters of credit.
Employee benefits
Financial wellness solutions and education including health savings accounts and customized employee engagement through our Workplace Financial Services program.
Retirement plan services
Outcome based investment and plan management for sponsors and employees, such as 401(k), 403(b) and other qualified accounts, as well as retirement plan advisory and consulting services.
Capital markets
Interest rate derivatives, foreign exchange services and loan syndications help corporate and commercial businesses invest in growth, manage risk and operate globally.
What is franchise financing?
Purchasing and running a franchise requires special types of business funding. This type of financing starts with securing the money needed to purchase a franchise as well as upfront fees, real estate, equipment and working capital. For some aspiring business owners, getting funding for a franchise can be easier than starting a business on your own because they follow an established brand and proven business mode.
What’s the difference between propco and opco financing?
Propco and opco are industry terms for two different legal entities within a franchise business. “Propco” (property company) owns the physical real estate and leases it back to the “opco” (operating company) that runs the day-to-day business of the franchise. This arrangement can optimize taxes and protect assets.
What types of franchises qualify for commercial franchise financing?
Nearly every type! The most popular sectors are quick service (QSR) restaurants, early childhood centers, fitness facilities, home and retail services, automotive services and convenience stores.
Our Franchise Banking team can help you grow your business.
Shaun Coard
Business Segment Leader, Franchise Finance
Shaun.Coard@AssociatedBank.com
612-225-1506
Phil Davis
Portfolio Manager, SVP, Corporate Banking
Phil.Davis@AssociatedBank.com
612-225-1515
Jasmine Synstelien
Relationship Manager, VP, Specialized
Jasmine.Synstelien@AssociatedBank.com
612-225-1516
Todd Matthies
Cash Automation Solutions Manager
Todd.Matthies@AssociatedBank.com
612-359-4414
Kriston (Jordan) Langford
Loan Administrator IV-Franchise Banking
Kriston.Jordan@AssociatedBank.com
612-225-1514
Franchise Banking, FranchiseBanking@AssociatedBank.com
Or contact your Associated Bank Relationship Manager
Deposit and loan products are offered by Associated Bank, N.A., and are subject to credit approval and involve interest and other costs. Please ask about details on fees and terms and conditions of these products. Property insurance and flood insurance, if applicable, will be required on collateral. (1556)
Associated Bank does not charge a fee to download our digital applications; however, transactional fees may apply. Carrier message and data rates may apply, check your carrier’s plan for details. Visit AssociatedBank.com/disclosures for Terms and Conditions for your service. (1406)
HSA cash balances are FDIC insured up to the Standard Maximum Deposit Insurance Amount (SMDIA). Deposit products are offered by Associated Bank, N.A. Member FDIC. (1437)
Investment, Securities and Insurance Products:
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LOSE VALUENOT INSURED BY ANY
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DEPOSITAssociated Bank and Associated Bank Private Wealth are marketing names Associated Banc-Corp (AB-C) uses for products and services offered by its affiliates. Securities and investment advisory services are offered by Associated Investment Services, Inc. (AIS), member FINRA/SIPC; insurance products are offered by licensed agents of AIS; deposit and loan products and services are offered through Associated Bank, N.A. (ABNA); investment management, fiduciary, administrative and planning services are offered through Associated Trust Company, N.A. (ATC); and Kellogg Asset Management, LLC® (KAM) provides investment management services to AB-C affiliates. AIS, ABNA, ATC, and KAM are all direct or indirect, wholly-owned subsidiaries of AB-C. AB-C and its affiliates do not provide tax, legal or accounting advice. Please consult with your advisors regarding your individual situation. (1024)