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AT&T Capital Corp.'s Business Finance Division announces formation of FranchiseOne.


MORRISTOWN, N.J.--(BUSINESS WIRE)--April 11, 1997--

New Program Dedicates Products, Services & Personnel

Exclusively to Franchise Market

AT&T Capital Corp.'s Business Finance Division, Friday announced the introduction of its new FranchiseOne(SM) program.

Developed to specifically meet the needs of the franchising market, the new program offers franchisees virtually "one-stop-shopping" for all of their financing needs, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Bob Neagle, Senior VP, Marketing and Business Development.

This effort includes assigning a dedicated sales force to provide individual service for the needs of AT&T Capital Corp.'s franchisee customers.

"FranchiseOne demonstrates AT&T Capital Corporation's total commitment to the franchise industry," said Neagle. "Our program provides a proven mix of products and services that can help any franchisee succeed," he continued. "That includes lending and leasing options to assist start-up as well as expanding, established businesses."

The FranchiseOne program brings together a mix of resources, including government-guaranteed Small Business Administration (SBA SBA
abbr.
Small Business Administration

Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government
) loans through AT&T Small Business Lending Corp.; as well as conventional loans, construction loans, equipment and vehicle leases. Traditionally, these options have not been available through one complete financing source.

"Through our comprehensive offering of loans and leases for just about any size franchise, we're encouraging smaller franchisees to grow with us, while offering mid-size and large franchising customers a variety of options for their more diverse business needs," said Neagle.

To assist its customers in the timely processing of SBA loans, AT&T Small Business Lending Corp. also has Preferred Lending Program (PLP (Presentation Level Protocol) A North American standard protocol for videotex. ) status in most SBA districts. Additionally, its new, dedicated sales force and offices located throughout the country allows AT&T Capital to personally assist franchisees -- where they are now, and where they may expand in the future.

"FranchiseOne elevates AT&T Capital Corporation to the level of total franchisee financing source," Neagle added, "which is a distinction that cannot be made by any other institution in the market."

For additional information on AT&T Capital Corp.'s new FranchiseOne program, please call AT&T Capital Corp.'s Business Finance Division at 800/713-4984.

Headquartered in Morristown, N.J., the Business Finance Division of AT&T Capital Corp. provides a full range of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 to small and mid-sized businesses.

Formed in 1985, AT&T Capital Corp. is one of the largest equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
  • Control secondary market, offer the ability to up-grade and trade-in.
  • Converts cash buyers of small machines to larger, more expensive purchases.
 and financial services companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , providing financing to more than half a million businesses in the United States, Canada, Europe, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Australia, Mexico, South America and the Asia-Pacific region.

CONTACT: AT&T Capital Corp.

Bob Neagle, 800/713-4984

or

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 Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  

Maribeth Roman Schmidt, 610/941-0395
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 11, 1997
Words:433
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