Franchise News
QSR: NRD Capital Advises on Financing your Franchise
Financing in the QSR space presents challenges and opportunity.
It takes money to make money, and in the franchise industry there are several options to finance your concept - but after the last recession, obtaining money to grow is still an uphill battle for some. In a recent issue of QSR Magazine, they explored the current financing climate.
“Ever since the last recession, it’s been a little bit of a tale of two cities in the sense that larger franchisees have gotten an easier time to borrow money,” Aziz Hashim, managing partner of NRD Capital, a private equity firm specializing in franchise businesses, told QSR. “And for smaller franchisees, a lot of banks have kind of given up on them, because there were a lot of losses.”
Hashim encourages smaller franchise concepts to employ a varied strategy to pull financing from sources such as friends, family, and angel investors.
Click here to read the full piece.
Don’t Miss the Next Big Franchise Story
Sign up for the 1851 Franchise newsletter to get our biggest stories before everyone else
By signing up, you agree to our user agreement (including class action waiver and arbitration provisions), and acknowledge our privacy policy.
About the Author
Brian Jaeger
FollowBrian Jaeger is a Vice President of Media Relations at No Limit Agency. Brian joined No Limit Agency after seven years working for local television news stations in Florida, four years at WCJB in Gainesville and three years at Bay News 9, the 24-hour local news station in the Tampa Bay area. Brian is a graduate of the University of Florida, where he studied journalism and telecommunications. He brings a journalist’s viewpoint to the public relations field, and when he’s not busy telling the stories of No Limit Agency's brands, you can find him writing, on a karaoke stage, or cheering on the Gators.
