We are pleased to announce that we have renewed our collaboration agreement with major banking group, BBVA, to provide funding options for our network of franchise partners in Spain, as we proceed with further expansion across the territory.

The agreement will see BBVA offer a range of services and support to our network of franchise partners from franchise bank loans for the opening of new stores in the region to asset leasing and rent endorsements. BBVA will provide competitive interest rates for each franchisee as well as collaborating with us to support franchisee business and financial planning.

Cari García, BBVA Franchise Specialist, says: ‘We’re very happy to be renewing our collaboration agreement with TRIB3. The brand has proven its model across three successful units in Madrid and has a great reputation amongst its franchisees. We’re looking forward to supporting the next tranche of store owners to start their studios and supporting TRIB3 in its expansion across Spain.’

TRIB3 Chief Financial Officer, Thomas Moran, further adds: ‘With four further store openings imminent in Spain across Barcelona and Madrid, a city where we already have a really strong foothold, this is a key collaboration for TRIB3 and our franchise partners. BBVA’s Franchise Unit has placed significant investment and support in the Spanish franchise sector, and we know with their support and funding options that our expansion will go from strength to strength.’

Since coming to Spain in early 2019, we have opened three studios in Madrid, a mix of corporately owned locations and franchised sites and have widescale expansion plans in several areas of the region including Barcelona.

As well as our footprint in Spain, we are active in six further international territories including the UK, Ireland and Finland, and have recently signed a major area development deal for the Benelux. We are expanding rapidly through franchising and are set to open our brand-new global headquarters and training academy in Manchester’s Circle Square in the coming weeks.

For more information about franchising with TRIB3 and the available partnership options, visit trib3.co.uk/franchise