Irwin Franchise Capital Corporation (IFCC) recently closed a $16.5 million recapitalization loan for Falcon Holdings, LLC of Oakbrook, Il

MONTVALE, NJ 11/20/07

Irwin Franchise Capital Corporation (IFCC) recently closed a $16.5 million recapitalization loan for Falcon Holdings, LLC of Oakbrook, Il. Falcon owns and operates 102 Church's Chicken restaurants in the upper Midwest.

"Working with IFCC has been a remarkable experience. We recently closed a recapitalization of my company, and I couldn't be happier with the process. Nicki Glatter and her team are second to none in the franchise lending segment," explained Falcon Holdings President and CEO Aslam Khan. "Above all, I value our relationship. IFCC understands my business and my vision, which is extremely important to me."

The recapitalization allowed Falcon Holdings to take advantage of lower interest rates and seed new growth.

"Aslam Khan is one of the most respected franchisees in the industry. From his humble beginnings in Pakistan, he has successfully grown his company through smart business decisions," IFCC President John Rinaldi said. "He strives to base his business on building partnerships with everyone from his employees through his vendors and suppliers. By doing so, he enjoys the tremendous respect and success that comes with it."

Khan added, "I look forward to our continued relationship with the Irwin team. They are truly the best in the industry."

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