Grease Monkey Taps ApplePie Capital As A Preferred Lender

Grease Monkey International, a FullSpeed Automotive brand, is now working with ApplePie Capital to offer new and existing franchisees access to as much as $20 million in debt capital in attempt to drive expansion in target markets across the United States.

“As a multi-brand international franchisor, we chose ApplePie Capital as a preferred lender because they took the time to learn about our business model and our core values. Their knowledge of the franchise industry enables them to offer a multitude of loan options to our franchisees,” said Jeff King, director of franchise development. “ApplePie’s ability to customize loan programs for a first-time center owner or a multi-center operator brings a unique component to the relationship that can be challenging to find with other lenders.”

Grease Monkey has more than 340 shops in the United States, Mexico, South America, China and Saudi Arabia.

FullSpeed Automotive is the parent company to Grease Monkey, as well as SpeeDee and LubePro’s quick lubes and the Monkey Shine car wash brand. The company also operates Havoline Xpress Lube, Herbert Automotive, Handy Lube Express and Mobil 1 Lube Express locations as part of its retail operations division.