Kingwood, TX (RestaurantNews.com) Huddle House, Inc., the iconic Southern-inspired family restaurant franchise, named Ascentium Capital as a finance partner to provide flexible finance structures to their franchisees.
“Our goal is to ensure our franchisees are successful and we want to assist every step of the way in building a great restaurant. We are leveraging Ascentium Capital’s expertise in franchise financing to drive this initiative,” said Christina Chambers, Vice President of Franchise Development at Huddle House.
Ascentium Capital’s finance solutions will help Huddle House franchisees drive revenue and growth through acquisitions, remodels, leasehold improvements and equipment upgrades. The finance program will be available to the entire franchise network throughout the United States.
“The franchise team at Ascentium is focused on providing solutions that enhance the profitability for our clients. It is rewarding to see our organizations come together and develop a comprehensive finance program dedicated to the success of Huddle House and their franchisee community,” comments Len Baccaro, Senior Vice President of Sales at Ascentium Capital.
With over 50 years of proven restaurant expertise, Huddle House provides in-depth support to their franchisees. The new finance program launch by Ascentium Capital will include financial education, dedicated finance manager support and online resources to streamline the finance process for the franchisees.
About Huddle House, Inc.
Since the founding of Huddle House in 1964, the company has focused on customer service as well as providing delicious home-style food at an affordable price. With more than 400 restaurants open or under development, Huddle House is aggressively expanding with plans to open an additional 100 restaurants over the next three years. More information about Huddle House and franchise opportunities is available at huddlehousefranchising.com.
About Ascentium Capital LLC
As a direct lender, Ascentium Capital specializes in providing equipment financing and leasing solutions that drive growth and profit for equipment manufacturers, distributors as well as direct financing to franchisees and businesses nationwide. The company is backed by the strength of leading private investment firms Vulcan Capital and LKCM Capital Group, LLC. For more information, please visit AscentiumCapital.com.