Casago Qualifies for Exclusive ApplePie Capital Core Loan

US: Vacation rental management company, Casago has announced that both prospective and existing franchisees now qualify for ApplePie Capital’s proprietary Core Loan—a financing solution reserved for top-tier brands.

The recognition, which comes after Casago’s acquisition of vacation rental company Vacasa, places Casago into a group of franchise brands recognised for operational performance, unit economics and franchise support systems.

With the approval, ApplePie Capital, an online franchising lender, can extend its financing terms to entrepreneurs and investors acquiring or expanding Casago and Vacasa markets. Qualified borrowers can finance up to 85 per cent of their total project budget without providing  personal collateral or demonstrating prior business ownership.

CEO and founder of Casago, Steve Schwab, said: “Securing access to the Core loan with ApplePie Capital strengthens our ability to support the right kind of strategic growth. It gives both new and existing franchise partners access to the capital they need to grow sustainably,
invest in service, and stay deeply rooted in their local communities, where hospitality is personal, and relationships matter most.”

Existing Casago franchisees can use ApplePie’s Recap & Grow program, which provides a borrow capacity of up to 4.5x trailing 12-month earnings before interest, taxes, depreciation and amortisation. This format allows cash-out options and expansion into underperforming or not-yet-cash-flowing markets.

Jamie Davis, the senior vice president of business development at ApplePie Capital, said: “Our highest approval level recognises brands with exceptional performance and support systems. Casago’s owner-centric philosophy, tech stack, and now national footprint set a new benchmark for hospitality franchise opportunities. We’re thrilled to provide tailored capital that helps their franchisees scale faster and more efficiently.”

Key takeaways:

• Casago announced that it is eligible for top-tier franchise financing after Vacasa acquisition
  – ApplePie Capital now offers up to 85% project funding to Casago and Vacasa franchisees with no personal collateral required, supporting growth in the vacation rental sector.

• New and existing Casago franchisees gain access to flexible capital
  – Through ApplePie’s Core and Recap & Grow programmes, partners can scale operations, refinance, or expand into new and underperforming short-term rental markets.

• Casago sets a new standard for hospitality franchise investment
  – Recognised for its owner-first approach, tech stack, and national footprint, Casago is now seen as a leading opportunity in the vacation rental and franchise finance space.