CLEVELAND, Oct. 2, 2020 /PRNewswire/ -- For the second
year in a row, KeyBank joins Entrepreneur magazine's list of Top
Franchise Suppliers, ranking the regional bank among some of the
best in the nation to empower franchisees to launch, grow, expand,
or evolve their businesses. This year, KeyBank was ranked
8th in the Franchise Finance Category.
Link:
https://www.entrepreneur.com/franchises/top-franchise-suppliers
"With so many businesses today facing uncertainty, it is
important the franchising industry has partners it can rely on,"
said Jim Fliss, Senior Vice
President and leader of KeyBank's SBA and Franchise businesses.
"With the continued growth in our industry partnerships, we
made investments this year to grow our Franchise Finance Team to
ensure we can continue to deliver an unparalleled level of service
through our specialized franchise sales, underwriting and loan
closing professionals."
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.
To develop the rankings, Entrepreneur magazine surveyed more
than 700 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 continues to be a source of pride as it is a
testament to the hard work of our dedicated teams and validation
that we are delivering on our promises. Helping clients and
communities thrive is at the heart of everything we do at Key.
Franchising has proven to be a resilient industry and accordingly
we have built a significant amount of optimism into our future
outlook," said Fliss.
KeyBank has been a consistent top SBA performer and is currently
the nation's 8th largest SBA 7(a) lender. In addition, KeyBank is
an industry leader in administrating the SBA's Payroll Protection
Program, helping over 40,000 individual businesses across the
nation obtain access to capital during the global pandemic.
About KeyCorp
KeyCorp's (NYSE: KEY) 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 $171.2 billion at June 30,
2020. 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
more than 1,000 branches and more than 41,000 KeyBank ATMs and
Allpoint surcharge free ATMs for many customers when using a
KeyBank debit Mastercard® nationwide. 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. ©2020. KeyCorp. CFMA #200930-882270
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SOURCE KeyCorp