SAN MATEO, Calif. — Bay View Capital Corp. said that it is selling about $110 million of high-risk franchise loans made to operators of fast-food restaurants, gas stations, and convenience stores.

Officials at the $6 billion-asset parent of Bay View Bank said that the sales, which are being made to multiple buyers, will not have a significant impact on fourth-quarter earnings because the loans were sold at or near par value. With these sales, Bay View said, it will have reduced its franchise loan portfolio to about $820 million by Dec. 31.

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