NFA Restaurant Finance
Solutions for all your financing needs
With an NFA loan you get:
Mr. Basile is currently the Owner of Somerset II, LLC, which owns 45% of NFA, the President and Owner of Chicago Diversified Foods Corp, having responsibility for all facets of operations for 46 locations, primarily Taco Bell in Western Michigan. Mr. Basile is also the past President of the Franchise Management Advisory Council (FRANMAC) of Taco Bell Corporate. He currently serves on several committees of FRANMAC and the Board of Directors of the Taco Bell Food Service Purchasing Cooperative. He currently chairs the Audit and Budget Committee of the Taco Bell Concept Board of the Purchasing Cooperative. Mr. Basile was also the President and Co-owner of 2 companies (FBN Food Services and Midwest Restaurant Concepts) which operated 28 Sizzler casual dining restaurants in Illinois and Michigan.
Previously, Mr. Basile was the partner in charge of the Naperville office of Arthur Young Entrepreneurial Service Group specializing in restaurant operations and financial planning and control. He is the former Midwest Regional Director of Financial Planning and Control for the Firm.
A graduate of the University of Illinois, Mr. Basile has significant Food Service (restaurant operations) experience. He joined Arthur Young in 1971 from Allied Radio Corporation where he held the position of Director of Corporate Controls. He was also a Partner in the accounting and auditing firm of Borenstein, Louis, Price & Basile, and worked for Ford Motor Company and Joseph Boernstein & Company.
His experience encompasses extensive management consulting assignments in the operational area of food service companies, diagnostic (operational) auditing, financial audits and reviews, financial planning and controls and management information systems.
A Certified Public Accountant, Mr. Basile is a member of the American Institute of Certified Public Accountants, the Illinois CPA Society, the Institute of Internal Auditors, a former member of the Management Advisory Services Technical and Consulting Subcommittee of the American Institute of Certified Public Accountants, and a former member of the Management Advisory Services Committee of the Illinois CPA Society. Mr. Basile is a 1964 graduate of the University of Illinois Campaign Urbana with his Bachelor of Science degree in Accounting.
Mr. Mascheri has been with NFA since its inception. Mr. Mascheri held the position of CFO, Corporate Controller, and Secretary of Chicago Diversified Foods Corp. His responsibilities include oversight of all accounting functions, financial reporting and analysis, corporate tax planning and reporting, employee benefits programs, and corporate banking relationships. Prior to joining Diversified, Mr. Mascheri was Vice President of Finance and Treasurer of Dan Howard Industries, Inc., a multimillion-dollar, multinational company with approximately 190 retail stores. Among other things, Mr. Mascheri oversaw the company's risk management, cash management, computer-MIS, and sales audit functions. Prior to Dan Howard, Mr. Mascheri held the position of Treasurer of Smoler Brothers, Inc. concentrating in the areas of risk management, cash management, and bank financing.
Mr. Mascheri is a 1972 graduate of DePaul University in Chicago with a Bachelor of Science degree, double major, in Accounting and Business Administration.
Mr. Howard has over 30 years of intensive and highly diversified experience as a credit analyst, credit manager, and loan sales manager for major domestic financing companies (including CIT Corp, Ford Motor Credit Company, Westinghouse Credit Corporation, and Fleet Credit Corporation) with a concentration, during the past 13 years, in the fast food franchisee sector of the marketplace. In 1993, he became Vice President of Marketing for Franchise Mortgage Acceptance Company (“FMAC”) and a consistent top producer of loan originations over a seven-year period. During his tenure at FMAC, Mr. Howard established relationships with the owner/operators of several fast food restaurant chains. Mr. Howard then served as co-head of the Restaurant Group of ORIX Financial Services, Inc. and then as Principal of The Mallard Group, a privately held company providing advisory and financial services to the restaurant and convenience store industries. Mr. Howard’s background and experience provide a unique perspective and understanding of fast food franchisee financing needs and credit requirements.
Mr. Howard is a graduate of the University of Richmond, Bachelor of Science in Business Administration, and Virginia Commonwealth University, MS in Marketing.
Mr. Black has 30 years of experience in the finance/banking industry. John began his career with Westinghouse Credit Corporation where he rose to the position of Senior Division Credit Manager overseeing their franchise lending group. Years later, he left Westinghouse to start a franchise lending group for Safeco Credit Company. While at Safeco, John concentrated on marketing and held national responsibility for all transactions to large multi-unit franchisees. He consistently was a top performer at Safeco and the number one salesman for the entire company 9 of the 11 years he worked for them.
Mr. Black has also held various sales positions with several banks including Sovereign Bank, National City Bank and Imperial Capital Bank.
John is a graduate of the University of Georgia with a BBA in finance.
Mr. Hrabrich has over 15 years of commercial lending and banking experience as an investment portfolio analyst, large equipment leasing officer, and underwriting officer focusing exclusively on the Quick Service Restaurant lending industry for the past 12 years. Mr. Hrabrich received formal credit training while at Northern Trust Bank’s equipment leasing company. As a QSR lender, for Fleet Business Credit (formerly Sanwa) and Merrill Lynch Business Financial Services, Mr. Hrabrich has successfully arranged loan structures, specialized loan programs, and built relationships with several top-tier, fast food concept franchisees and franchisors.
Mr. Hrabrich is a “Chick” Evans Foundation Scholarship Alumnus, 1991 graduate of Indiana University, Bachelor of Science degree in Finance, and 2000 graduate of DePaul University, MBA in Marketing.
Ms. Kadlec joined NFA in June of 2005 and brings 5 years prior experience with Merrill Lynch Business Financial Services as a Credit Manager. Her proven background in evaluating, negotiating, structuring, documenting, and closing of Franchise Finance loan facilities is a great asset in her position with NFA. While at MLBFS, Ms. Kadlec also completed their formal commercial credit-training program.
Ms. Kadlec attended the University of Illinois at Urbana-Champaign where she earned a Bachelor of Science degree in Finance and a minor in French.
Mr. Popa joined NFA in May 2006. His responsibilities include underwriting of new loan requests and various other credit functions. Prior to joining NFA, Mr. Popa worked at Ford Motor Credit Company’s Commercial Lending division for over 4 years. During his time at Ford, Mr. Popa held several positions including credit analyst, department supervisor, and wholesale auditor.
Mr. Popa graduated from DePaul University, where he earned his MBA with a double concentration in Finance and Strategy, Execution, and Valuation. While at DePaul, Mr. Popa was awarded the 2007 William Hocter Finance Scholarship. Mr. Popa also attended Purdue University in Hammond, IN where he earned a Bachelor of Science in Management, double majoring in Marketing and Human Resources.
Mrs. Ryan joined NFA in March, 2005 and brings over 14 years of franchise lending experience in closing term loans and construction loans for NFA and Fleet Business Credit (formerly Sanwa Business Credit), where she coordinated the set up of the “Wendy’s New Store Financing Program.”
Mrs. Ryan manages the entire loan closing process by coordinating loan documentation, reviewing legal documents, searching for existing UCC’s and preparing new UCC financing statements, and following up for any post closing exception items from closing. Also, she has assisted in many different areas of NFA when necessary.
Mrs. Ryan is a 1992 graduate of Governors State University with a Bachelor of Arts degree in Office Administration.
Mr. Kelley joined NFA in 2006 and is responsible for portfolio and relationship management. He has over 16 years experience within equipment leasing industry, including ten years in the Vendor Finance Leasing industry.
Mr. Kelley joins us from Bowe Bell & Howell Financial Services, where he was a Credit Analyst. Prior to which, he held the position of Portfolio Risk Analyst for Bank of America Leasing (formerly Fleet Capital Leasing).
In 2002, Mr. Kelley received formal credit training from FleetBoston Bank, while with Fleet Capital Leasing. Matt has also worked for Heller Financial and Forsythe Technology Inc.
Matt is a graduate of Northern Illinois University with a Bachelor of Science degree in Finance and a Minor in Economics.
Ms. Wooding has over 20 years of experience in the financial and banking industries which included products such as franchise construction and commercial real estate loans. She brings to NFA her prior experience as Supervisor in Commercial Loan Services at JPMorgan Chase, Sr. Real Estate Closing Manager at Merrill Lynch Business Financial Services, and Sr. Loan Administrator from Sanwa Business Credit Corporation.
Ms. Wooding manages the entire loan closing process by coordinating loan documentation, reviewing legal documents, searching for existing UCC’s and preparing new UCC financing statements, and following up for any post closing exception items from closing.
Ms. Wooding is a graduate of Robert Morris College and has earned her Bachelor’s degree in Business Administration from the University of Phoenix.
Mr. Moore has over 15 years in the commercial lending industry in various senior underwriting and credit management positions. Prior to joining NFA, Jeff worked as manager of credit underwriting for a Fortune 500 bank in the construction, industrial equipment, and commercial transportation lending segment. His team was responsible for a $1B portfolio with an average of $45MM in monthly originations. Prior to this, Mr. Moore was a senior credit underwriter and Taco Bell compliance officer for Fleet Bank (bought by Bank of American in 2003), in their $1B QSR/Fast Casual lending division.
Information contained in this website is only for your information, convenience, and does not constitute an offer or solicitation of any loans. Qualified borrowers must submit a form of Credit Application to NFA for review and ultimate approval. Any legal, accounting or tax issues should be referred to the professional of your choice.
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