Direct Capital and QualServ Announce
Partnership to Provide Franchisees Access to
March 02, 2010 10:14 AM Eastern Time
PORTSMOUTH, N.H.--(EON: Enhanced Online News)--QualServ, a leading manufacturer of custom fixtures and
provider of turn-key solutions to some of the world’s most recognized franchise and retail brands, has selected
Direct Capital, a leading provider of franchise lending, as its preferred financing partner.
"At a time when very few lenders are willing to extend credit to the restaurant and retail markets, we found it prudent
to partner with a stable franchise direct lender to ensure our customers maintain access to financing to keep their
development and remodel schedules on pace. Direct Capital's strong industry experience and robust direct lending
capacity make them a perfect fit for this program," said Jerry Frederiksen, President & CEO of QualServ
Direct Capital has committed a substantial portion of its total direct funding capacity to serve the leading brands that
QualServ supports. This core partnership will allow QualServ to provide customers with flexible fixed payment
options to complete equipment purchases tied to their remodel, new store development and expansion projects in
2010. The companies have also joined to create a "First Payment on Us" promotion which will help make QualServ
equipment purchases more affordable for its franchise clients.
"We are excited to partner with forward thinking companies like QualServ to establish programs that provide
franchisees with access to funding to support their remodel and expansion plans. Franchisees continue to struggle to
access capital in the current market, and we look forward to alleviating that pain through this relationship," said
Robyn Gault, Director of Strategic Accounts for Direct Capital.
Direct Capital is confident that this partnership will help QualServ customers fund expansion and remodel initiatives
in today's economy.
About Direct Capital
Established in 1993, Direct