Company Research Report: ApplePie Capital
Company Overview
- Name: ApplePie Capital
- Mission: To streamline franchise financing and provide franchisees with efficient access to capital to grow their businesses.
- Year Founded: No information available
- Founders: No information available
- Key People:
- Denise Thomas - CEO & Founder
- Kirk Inglis - Chief Financial Officer
- James Goldsberry - Chief Credit Officer
- Randy Jones - Chief Revenue Officer and Lending Solutions
- John Neff - Chief Marketing Officer
- Silvana Collura - Chief Solutions Officer
- Jamie Davis - Senior Vice President, Business Development
- Ron Feldman - Brand Ambassador
- Headquarters:
- Mailing Address: 548 Market Street, PMB 54105, San Francisco, CA 94104
- Additional Address: 801 W Ann Arbor Trail, Suite 205, Plymouth, MI 48170
- Number of Employees: No information available
- Revenue: No information available
- Known For: Providing financing exclusively for franchise businesses, offering a streamlined and technology-enhanced lending process.
Products
- ApplePie Core Loan:
- Description: A proprietary conventional loan designed for qualified franchising brands.
- Key Features:
- Max funding per loan: $5M
- Max funding lifetime: $20M
- Downpayment: 15 - 20%
- No personal collateral required
- Franchise-friendly underwriting
- ApplePie Spring Loan:
- Description: A conventional and SBA hybrid loan solution for qualified brands.
- Key Features:
- Max funding per loan: $5M
- Offer both fixed or variable interest rates
- No personal collateral required
- Franchise-friendly underwriting
Recent Developments
- Recent Developments:
- ApplePie Capital continues to enhance its services to offer tailored financing solutions for every stage of a franchisee's growth. They have a keen focus on partnerships with leading franchise brands to streamline the financing process.
- New Products Launched: No information available
- New Features Added to Existing Products: No information available
- New Partnerships: Engaged in partnerships with 200+ franchise brands to deliver optimal financing solutions for franchisees.
Customer Experience
- Success Stories:
- Robust testimonials highlight the seamless and professional experience ApplePie Capital offers, showcasing strong customer satisfaction.
- Multi-unit franchisees appreciate the strategic advisory and ease of use through advanced technological platforms offered by ApplePie Capital.
- Notable Customer Testimonials:
- Robb Sackett (Einstein Bros. Bagels): Spoke highly of ApplePie's consultative approach in securing necessary financing.
- Numerous other franchisees across diverse brands have reported positive and supportive experiences facilitated by ApplePie Capital's reliable service and user-friendly online tools.
Market Position
- Loans Provided: $3 billion provided to franchisees.
- Satisfaction Rate: 141% higher customer satisfaction than the industry average based on net promoter score surveys.
Strategic Outlook
- ApplePie Capital's focus on franchise-exclusive financing positions it as a leading partner for dynamic franchise growth. By offering flexible, customer-centric financing solutions and cultivating deep brand partnerships, the company underscores its commitment to supporting franchise operations at all stages of development.