Daily News: April 19, 2012

United Capital Provides $1.9MM to Jimmy John’s Operator

United Capital Business Lending said it provided $1.9 million in financing to Jimmy John’s Gourmet Sandwiches owner, J.T. & Company Investments.

United Capital refinanced six existing locations for the Florida based franchisee and will also provide funding to open additional Jimmy John’s locations in the Orlando area.

“United Capital recognizes the strong performance of the Jimmy John’s(r) franchise system,” says Trey Grimm, vice president and business development officer for United Capital. “So we’re pleased to offer its franchisees financing for new store development, acquisitions and debt refinance.”