$22.5 Million Lending to UPS Store Owners
The franchisees of 4,700 UPS Store and Mail Boxes Etc. locations now have access to funding.
United Parcel Service Co. said Monday it arranged $22.5 million in franchisee lending for its retail outlets. The shipping company said the loan program was created by Franchise America Finance and The Bancorp Inc. subsidiary The Bancorp Bank. [via AP]
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