News & Press
Ted Kelleher joins ApplePie Capital as Head of Capital Markets
ApplePie Capital is excited to announce that Ted Kelleher joined our team as Head of Capital Markets.
Denise Thomas appeared on the Fintech Leaders podcast with Miguel Armaza to discuss franchising, ApplePie Capital and more!
While appearing on the Fintech Leaders podcast with Miguel Armaza, the Founder & CEO of ApplePie Capital talked about building a franchise loan marketplace & the surprising impact of tech layoffs on franchising.
Silvana Collura joins ApplePie Capital as Chief Solutions Officer
ApplePie Capital is excited to announce that Silvana Collura joined our team as Chief Solutions Officer.
ApplePie grows management team with Franchise Development Specialist
ApplePie Capital is excited to announce that Jamie Davis, CFE has joined our team as VP of Business Development
Denise Thomas of ApplePie Capital joins Peter Renton on the Fintech One-on-One podcast from LendIt Fintech.
Our founder and CEO was recently invited by LendIt Fintech to participate in their Fintech One-on-One podcast where she discussed how the franchise industry has performed recently and how the ApplePie model has evolved over time to meet the needs of this high-quality small business vertical.
Luder Milton joins ApplePie Capital as General Counsel & Chief Compliance Officer
ApplePie is excited to announce that Luder Milton has joined our team as General Counsel & Chief Compliance Officer
James Goldsberry joins ApplePie Capital as Chief Credit Officer
ApplePie is excited to announce that James Goldsberry has joined our team as Chief Credit Officer
ApplePie Capital raises millions to finance franchisees
San Francisco-based ApplePie Capital raised $6.5 million in a Series C round and reached an agreement with First Internet Bank to purchase $100 million in ApplePie loans made to franchisees.
ApplePie is enjoying dramatic growth, recently surpassing $1.25 billion in loans originated to franchisees of more than 200 franchise brands since it began lending in 2015. That includes more than $330 million in Paycheck Protection Program loans ApplePie made, working with Cross River Bank and other partners to lend through the SBA relief effort.
ApplePie’s cumulative loan-loss rate is 1.6% since 2015. That’s not a typo.
ApplePie Capital Raises $6.5 Million in Series C Funding; Surpasses $1.25 Billion in Loan Originations Since Inception
New investment will fuel ApplePie’s growth and its continuing transformation of franchise finance.
First Internet Bank and ApplePie Formalize New Partnership
San Francisco – First Internet Bank and ApplePie Capital today announced a loan purchase agreement to provide financing solutions for franchisees.