INDIANAPOLIS—January 24, 2023—First Franchise Capital, a First Financial Bank company specializing in customized loan products and services for quick serve restaurant franchisees with expertise in top-tier brands, announces the promotion of Jon McClure to director of franchise lending.
“Jon’s deep industry knowledge, commitment to the industry and charismatic personality make him ideal for this position,” says Rick Dennen, CEO of First Franchise Capital. “Shifts in the QSR lending landscape are presenting opportunities for First Franchise Capital to fulfil the lending needs in this industry. QSRs are the fastest growing segment in the restaurant franchise industry, and we are uniquely positioned to help franchisees capitalize on these growth opportunities through customized financing solutions for acquisition, new unit development, real estate purchases, refinancing, or remodeling.”
McClure joined First Franchise Capital in 2015 and has worked in the QSR lending industry since 1992. While at First Franchise Capital, he has been instrumental in the growth and development of the organization’s portfolio. In his new role, he will be responsible for expanding the QSR franchise relationship team while continuing to focus on growth and excellent customer service.
“I am looking forward to the opportunity to grow and mentor an expanded relationship team who will enable more restaurant entrepreneurs nationwide realize their dreams,” says McClure. “We have an incredible in-house and full-service team at First Franchise Capital who designs and services financial products, tailored to the strategic capital needs of franchisees, and provides deep expertise throughout the entire loan process. I’m excited to ensure more franchise owners will be able to grow their business with our customizable solutions.”
About First Franchise Capital Indianapolis-based First Franchise Capital, a First Financial Bank company, provides customized financial solutions for multi-unit QSR franchisees of best-in-class concepts nationwide. First Franchise Capital incorporates industry knowledge, easy-to-use technology, and exceptional employees to deliver top-quality service and capital products to franchises nationwide. With in-house sales, underwriting, and servicing teams, and direct access to the CEO and executive team, First Franchise Capital is well-positioned to meet the lending needs of borrowers.