Atherton Capital Incorporated Announces New Financing Program for ARCO Branded Contract Dealers.Business Editors SAN BRUNO San Bruno (săn br  `nō), city (1990 pop. 38,961), San Mateo co., W Calif., a suburb on San Francisco Bay; inc. 1914. There is light manufacturing and petroleum refining. , Calif.--(BUSINESS WIRE)--March 21, 2000 Atherton Capital Incorporated, a nationwide specialty retail lender, announced today the roll out of the company's financing program for new Atlantic
New Atlantic were an early 1990s UK rave band from Southport, Merseyside. Richfield Company, ARCO branded retail petroleum facilities operated by Contract Dealers. Loan funds will be used for the development, construction and permanent financing Permanent financing Long-term financing using either debt or equity. permanent financing The long-term financing that supports a long-term asset. of new service stations, which have been approved by ARCO. In connection with the program, Atherton is offering financing with preferred customer terms and reduced pricing when transactions are accompanied by an additional subordinate loan from ARCO. Atherton loans may be amortized up to 20 years with both fixed or floating interest rates available. Under a separate Atherton program, financing is available for acquisitions, refinancing and debt consolidation, upgrades, equipment purchases and working capital. These loans are also offered to ARCO branded Contract Dealers with preferred customer terms and reduced pricing. In addition, Atherton real estate loans can be structured with terms of up to 25 years. David Elder David Matthew Elder (September 23, 1975 in Atlanta, Georgia), is a professional baseball player who played pitcher in the Major Leagues from 2002-2003. He played for the Cleveland Indians. , Chief Executive Officer of Atherton says, "We are enthusiastically providing ARCO branded Contract Dealers, in cooperation with ARCO, the capital needed to fuel their growth. ARCO has great brand recognition and is a market leader in the western U.S.A. This is a significant financing initiative and with Atherton's understanding of and commitment to the petroleum industry we expect this loan program to be highly successful." Atherton Capital Incorporated, a privately-held San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden based specialty commercial finance company, is focused on providing loan products for the complete range of growth opportunities for owners, franchisees and investors in branded retail businesses. Financing programs include debt refinancing, acquisition of existing units, real estate acquisitions, equipment purchases, store improvements and leasing. Atherton has provided business and franchise financing nationally to operators of quick service and casual dining restaurants, gas stations, convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. , lube centers, video stores and other specialty retail outlets. The company has funded over a billion dollars in loans and recently celebrated its 10-year anniversary. The company originates loan products serving ten regions through 14 locations, including Atlanta, Boston, Chicago, Denver, Indianapolis, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Minneapolis, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , San Diego, San Francisco, Seattle and Washington, D.C. Atherton will offer the financing programs to ARCO branded Contract Dealers through loan origination offices located in the Western U.S. |
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