Tap to enable a layout that focuses on the article.
Advertisement
Business

Imperial Credit Industries Inc.: The Newport Beach...

L.A. Times Archives

Imperial Credit Industries Inc.: The Newport Beach financial services company completed the acquisition of Franchise Mortgage Acceptance Co. of Greenwich, Conn. Financial terms were not disclosed. Franchise Mortgage provides long-term financing for major restaurant franchises. Imperial Credit said it expects Franchise Mortgage to originate about $250 million of loan receivables during its first year of operation as an Imperial Credit unit.

More to Read

Business

Inside the business of entertainment

The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.

By continuing, you agree to our Terms of Service, which include arbitration and a class action waiver. You agree that we and our third-party vendors may collect and use your information, including through cookies, pixels and similar technologies, for the purposes set forth in our Privacy Policy such as personalizing your experience and ads.

More From the Los Angeles Times

Most Read in Business

Advertisement
Advertisement