The UPS Store Lines up $22.5M for Franchisee Lending Program

The UPS Store, UPS today announced a collaboration with a franchisee lending program created by Franchise America Finance and The Bancorp Bank, a wholly owned subsidiary of The Bancorp, Inc. TBBK. The first franchise network in its category to receive funding through FAF and The Bancorp Bank, The UPS Store network has $15 million available for franchisees through this program for the development of new locations as well as an additional $7.5 million for the transfer of current centers to new owners.