Ace Hardware is a sleeper in the franchise world—much bigger than many people would suspect with nearly $15 billion in annual global sales, nearly 4,500 U.S. locations and a #6 ranking in the Franchise Times Top 200+ list of the largest franchisors. As it seeks to fuel additional growth, Ace announced a new financing program to help owners scale up.
As announced by the company, Ace Hardware’s new financing program gives qualified store owners access to up to $200,000 in a dollar-for-dollar equity match loan for opening a new ground-up store or to acquire a competitor’s store.
