Fort Lauderdale, FL, September 08, 2011 --(PR.com
)-- Fort Lauderdale-based Institutional Banking Services, N.A. Corp (IBS, N.A.) today announced an exclusive, multi-million dollar financing agreement with the Blue Roof Franchise Association (BRFA), a group representing the interests of International House of Pancakes (IHOP) franchisees. BRFA has an active membership of more than 200 of the nearly 350 IHOP franchisees, which in turn represents approximately 900 of the more than 1,500 IHOP restaurants.
BRFA Chairman Scott Womack sought a lender that could develop a program to assist IHOP franchisees in financing the five-year mandatory remodeling of their restaurants. IBS, N.A. tailored a program that overcame collateral and credit issues that commonly hamper traditionally financing.
“IBS was founded on providing corporate banking functions to the community - without the red tape. We believe this partnership is a big win for us and BRFA in executing our founding principles,” said IBS CEO Jason Jackson.
About IBS, N.A.
Institutional Banking Services, N.A. © (IBS, NA) is a privately held corporate banking firm dedicated to providing corporate finance, cash management, human capital resources, insurance and consulting solutions. In addition to the company's internal divisions the company has expanded into ancillary financial sectors in order to provide added benefits to its clients:
· IBS Insurance Associates: A licensed Florida insurance agency division which provides property and casualty, general liability, builders’ risk and other forms of commercial lines insurance;
· IBS Realty Group: A licensed Florida real estate brokerage division focused on commercial and luxury real estate transactions;
· IBS Capital Group: Investment division that provides private placements, reverse mergers, APOs and IPOs.
During first quarter 2011, IBS raised capital to begin expanding into the retail sector (i.e. restaurants, consumer goods, etc.)
For more information, call 954-537-3640 or visit www.myinstitutionalbanking.com