John Bunch has joined Bank Rhode Island as the new senior vice president of its franchise banking division, bringing over 20 years of experience in franchise finance, specifically specializing in the quick-service restaurant market. His expertise will help bolster the bank’s franchise banking division and provide customized financial solutions for quick-service franchisees in their target market.
In his new role, Bunch will focus on generating new commercial business and building relationships with clients to ensure their varied banking needs are met. This strategic hire demonstrates BankRI’s commitment to supporting local growth in the franchising space and providing top-notch service to their clients.
Reporting to Thomas Fitzgerald, executive vice president and team leader of BankRI’s franchise banking commercial team, Bunch will play a key role in driving the division’s success. His background includes senior-level positions at Midcap Financial Investment Corp., managed by Apollo Global Management Inc., further solidifying his expertise in franchise finance.
William Tsonos, CEO and president of BankRI, expressed his enthusiasm for Bunch’s addition to the team, stating that his experience and ability will benefit both clients and the bank as a whole. By entrusting Bunch with the task of delivering customized financial solutions to quick-service franchisees, BankRI is poised to strengthen its position in the franchise finance market.
With Bunch at the helm of the franchise banking division, BankRI is well-positioned to provide exceptional service and support to quick-service franchisees in their target market. As a subsidiary of Brookline Bancorp Inc., Bank Rhode Island is dedicated to helping clients achieve their business goals and navigate the complexities of franchise finance.
Overall, John Bunch’s appointment as senior vice president of the franchise banking division at Bank Rhode Island marks a significant milestone for the bank and its commitment to delivering top-tier financial solutions to quick-service franchisees. His wealth of experience and dedication to client success position him as a valuable asset to the BankRI team, ensuring continued growth and success in the franchise finance space.
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