President, Five Guys
Preparation and speed are important in all aspects of food service, even banking.
When Amannda Schneider asked Union Bank® for help purchasing a Five Guys® Burgers and Fries franchise territory, we were prepared. Our years of experience analyzing prospective clients and their business plans helped us prepare Amannda for the rigors of the industry. When we knew she was ready, our expertise with financing small businesses helped her through the SBA loan process quickly.
As Amannda says, "Banks sometimes move at the speed of slow. That was not the case here. Union Bank moves at the speed of business."
A perfect example of our ability to move quickly arose shortly after the purchase of the first franchise territory: We heard a second franchise territory was about to become available. So we asked Amannda if she was interested, even though we had just issued a sizeable loan. The new territory would double the size of her business, but we knew she could handle it. Once Amannda made her decision, we started the paperwork to process the loan the very same day, ultimately allowing us to close the second loan three weeks early.
In today's environment, partnering with a bank that makes quick decisions and acts on them is important. At Union Bank, we're not just moving at the speed of business, we're doing right.
To learn how Union Bank can provide acquisition financing or other types of capital to grow your business, submit your contact information and one of our bankers will contact you.
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