CLEVELAND, Sept. 11, 2019 /PRNewswire/ -- KeyBank
(NYSE: KEY) has joined Entrepreneur Magazine's list of Top
Franchise Suppliers, (https://bit.ly/2UrJA5z) ranking the regional
bank among some of the best in the nation to empower franchisees to
launch, grow, expand or evolve their businesses. Only twelve
banking and financial institutions that provide services to the
franchise industry were awarded the Top Franchise Suppliers
accolade.
"Over the years, KeyBank has helped hundreds of different
franchise concepts and their franchisees obtain the capital they
need to run their businesses," said Jim
Fliss, Senior Vice President and leader of KeyBank's SBA and
Franchise businesses. "Our growth with our SBA 7(a) lending
platform has been reflective of the dedication and expertise of our
specialized teams at Key. Placing a greater emphasis on the
franchising industry has accelerated that growth and helped our
clients thrive," said Fliss.
KeyBank's specialized Franchise Finance Team offers a full range
of banking solutions to franchised businesses providing a holistic
approach in helping clients. Offerings include: solutions for
startup, multi- and single-unit operators, merchant and treasury
capabilities, commercial banking, investment banking, and Key4Women
to support woman-owned businesses.
For more:
https://www.key.com/small-business/promo/franchise-finance.jsp
To develop the rankings, Entrepreneur magazine surveyed more
than 500 franchisors on their satisfaction with quality, cost and
value of each supplier. The ranking comes from a healthy amount of
data to truly find those who are excelling in the field.
"This recognition reflects franchisor's sentiment that we
understand the unique financial needs of franchised businesses and
underscores the consistent high level of service our knowledgeable
staff provides. We're focused on the qualities of financial
wellness that helps each individual business. That means
identifying individual client goals and delivering a broad range of
tailored financial solutions to achieve them," said Fliss.
Last year, KeyBank surpassed $1.13
billion in SBA 7(a) lending over a five-year period, the
most for any five-year period in the bank's history.
About KeyCorp
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in
Cleveland, Ohio, Key is one of the
nation's largest bank-based financial services companies, with
assets of approximately $144.5
billion at June 30, 2019.Key provides deposit, lending,
cash management, and investment services to individuals and
businesses in 15 states under the name KeyBank National Association
through a network of over 1,100 branches and more than 1,400 ATMs.
Key also provides a broad range of sophisticated corporate and
investment banking products, such as merger and acquisition advice,
public and private debt and equity, syndications and derivatives to
middle market companies in selected industries throughout
the United States under the
KeyBanc Capital Markets trade name. For more information,
visit https://www.key.com/. KeyBank is Member FDIC. All credit
products are subject to credit approval.
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SOURCE KeyBank