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ApplePie Capital, AFC Partner to Offer $30MM in Franchisee Financing

March 21, 2019, 07:10 AM
Filed Under: Franchise Finance

American Family Care (AFC) has partnered with ApplePie Capital to offer new and existing franchisees access to up to $30 million in debt capital to drive continued expansion across the U.S.

Over the past 36 years, AFC has pioneered the concept of urgent care and expanded its footprint to become one of the nation's leading health care providers. Each clinic features a high-tech, high-touch approach, including digital x-rays, on-site lab testing, state of the art diagnostics and electronic medical records. American Family Care is excited to offer multi-unit franchise opportunities to individuals looking to develop a larger market while owning, operating, staffing and overseeing training for multiple AFC franchise locations.

“We are excited to partner with ApplePie Capital as they understand American Family Care’s business model, brand promise and core values. ApplePie is a proven leader in franchise finance, and like us, is focused on the sustainable, long-term growth of our franchisees. This partnership is a key step in our strategic initiatives to fuel the growth of new and existing franchisees and increase our brand awareness,” said D. Bruce Irwin, M.D., Founder and CEO of AFC. "This partnership will also be critical to our ongoing mission to deliver compassionate, convenient health care to patients around the corner and around the nation."

"ApplePie Capital is thrilled to add American Family Care to the franchisors we serve," said Denise Thomas, CEO and co-founder of ApplePie. "We are very selective in the brands we partner with and look for franchisors with strong unit-level economics, low closure rates, and successful franchisees. The track record for American Family Care in these areas made it an easy decision to begin a partnership. We look forward to supporting their franchisees’ long-term growth plans."







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