News & Press

Dec 12, 2016  |  Telis Demos

Fifth Third Signs New Banking Partnership With ApplePie Capital

Fifth Third Bancorp is backing startup online lender, ApplePie Capital, which extends credit to people starting franchises of chains such as Dunkin’ Donuts and 7-Eleven, according to the two financial companies.

The move is the latest example of partnership between banks and young fintech firms, as the more established lenders seek new avenues to grow lending, and the upstarts seek access to borrowers and funding.

Dec 12, 2016

ApplePie Capital Enters into $180 Million Loan Purchase Agreement with TowerBrook Structured Opportunities Fund; Closes $16.5 Million Series B

New investments will fuel ApplePie’s growth and its transformation of franchise finance

San Francisco, December 12, 2016ApplePie Capital, the first online lender solely dedicated to the franchise industry, today announced that it has entered into a $180 million loan purchase agreement with TowerBrook Capital Partners L.P. (TowerBrook) to purchase franchise loans originated by ApplePie over a two-year period. Funding will come from TowerBrook’s Structured Opportunities Fund and a credit facility provided by SunTrust Banks, Inc. (NYSE: STI). The TowerBrook relationship will enable ApplePie to further strengthen its position as a leading provider of innovative growth financing for the franchise industry. 

Aug 29, 2016

ApplePie Capital Partners With Nine More Franchise Brands Representing Over 10,000 Small Businesses

San Francisco, August 29, 2016 /PRNewswire/ -- ApplePie Capital, the first online lender solely dedicated to the franchise industry, today announced partnership agreements with nine new franchise brands representing over 10,000 small businesses across the United States.

Aug 17, 2016

Orchard Adds Franchise Lender ApplePie Capital to Market Data

New York, August 17, 2016 -- Orchard Platform, the leading technology and data provider for the online lending space, today announced that ApplePie Capital, the first online lender solely focused on the franchise industry, has been integrated into its Market Data product. As a result, institutional investors that subscribe to Orchard will gain access to detailed information about ApplePie’s loan portfolio, which features investments in highly qualified franchise brands and borrowers.

Apr 5, 2016

ApplePie Capital Names Geoff Thompson as General Counsel

San Francisco, April 5, 2016 -- ApplePie Capital, the first marketplace lender solely dedicated to the franchise industry, today announced the appointment of Geoff Thompson as General Counsel. Thompson comes to ApplePie Capital from Simpson Thacher & Bartlett, a leading international law firm, where he advised clients on a broad range of corporate legal matters.

Feb 29, 2016

ApplePie Capital Partners with Nine More Franchises Representing Over 9,000 Small Businesses

32 Brands Now Participating At Leading Marketplace For Franchise Loans 

San Francisco, February 29, 2016ApplePie Capital, the first marketplace lender solely dedicated to the franchise industry, today announced partnership agreements with nine new franchise brands representing over 9,000 small businesses across the United States. The new partners include Craft Beer Cellar, Dunkin' Donuts, Genius Kids, Giordano’s Pizza, Jan-Pro Cleaning Systems, One Stop Nutrition, Orangetheory Fitness, SERVPRO, and Zoup! 

Dec 1, 2015  |  Zack Miller

ApplePie Capital’s Denise Thomas on enabling investors to lend money to the right franchises, franchise owners

Denise Thomas, CEO of ApplePie Capital, first met with Tradestreaming earlier this year. We sat down with Denise to catch up on the state of her business, drill down on what’s working for the marketplace lender to get a view on where she’s taking the business in 2016 and beyond.

Oct 20, 2015

ApplePie Capital Partners With Six More Franchises

24 Brands Now Participating At Leading Marketplace For Franchise Loans 

San Francisco, October 20, 2015 – ApplePie Capital, the first marketplace lender solely dedicated to the franchise industry, today announced new partnership agreements with East Coast Wings & GrillForever YogurtJersey Mike’sPinot’s PaletteSalons by JC, and Uncle Maddio’s Pizza Joint. Each franchise brand has been pre-qualified by ApplePie Capital in order to provide an efficient financing alternative for their franchisees.

Aug 18, 2015

ApplePie Capital Appoints Jeff Zinn to Lead Capital Markets Group

San Francisco, August 18, 2015 -- ApplePie Capital, the first marketplace lender solely dedicated to the franchise industry, today announced that it has appointed Jeff Zinn as Head of Capital Markets. Jeff comes to ApplePie Capital from Jefferies & Company, a global investment bank and institutional securities firm, where he served as Managing Director, specializing in structured product sales since 2011.

Aug 5, 2015  |  Jason Daley

Why This Company Could Reshape Franchise Funding

The Great Recession was a catalyst for significant change in the franchise world. When banks stopped authorizing loans, potential franchisees began looking at alternative sources of startup money, including crowdfunding and accessing their 401(k) accounts.

While the availability of credit for small businesses has improved, alternative methods of financing are now firmly part of the funding landscape. One of those comes courtesy of San Francisco-based ApplePie Capital, a franchise loan marketplace that turns crowdsourcing on its head.