Hooters of America (HOA) announced that Hawk Parent, LLC, an indirect parent entity of the Company, has successfully closed on a credit facility with an unaffiliated lender. The Credit Facility provides for a $70 million, 5-year senior secured term...
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Yum! Brands announced that certain subsidiaries that operate the Company’s KFC, Pizza Hut and Taco Bell businesses have completed the refinancing of the existing approximately $1.9 billion term loan B facility, approximately $431 million term loan A...
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Essex Capital Group arranged $15,500,000 to fund the acquisition of multiple Burger King restaurants located in the Midwest.As a part of the Financing, Essex successfully placed the transaction debt and equity, as well as additional development...
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October 29, 2020, 08:37 AM
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SSG Capital Advisors, LLC ("SSG") acted as the investment banker to Sustainable Restaurant Holdings, Inc. and Subsidiaries d/b/a Bamboo Sushi ("Bamboo Sushi" or the "Company") in the sale of select assets to an affiliate of Sortis Holdings, Inc....
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August 14, 2020, 09:05 AM
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Good Times Restaurants Inc., operator of Bad Daddy’s Burger Bar, a full-service, upscale burger bar concept and Good Times Burgers & Frozen Custard, a regional quick-service restaurant chain focused on fresh, high-quality, all-natural products, today...
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November 05, 2018, 08:00 AM
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Good Times Restaurants Inc., operator of Good Times Burgers & Frozen Custard Bad Daddy’s Burger Bar, announced that it has amended its credit agreement with Cadence Bank, which expands the facility from $9 million to $12 million.Ryan Zink, Chief...
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September 12, 2017, 07:00 AM
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Restaurant Loan Corporation opened its new HQ in downtown Birmingham Michigan. “Restaurant owners’ struggle finding access to low cost capital”, says Restaurant Loan Corporation’s Vice President Makenzie Backonen. “Many, if not most Restaurants, do...
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August 04, 2016, 07:21 AM
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Healthy & Tasty Brands Corporation announced that it has closed on a $5 million revolving credit facility with TCA Global Credit Master Fund, LP. The company received the initial tranche of $700,000 on Thursday, June 16, 2016 and upon consent of the...
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Business Capital has secured a growth capital facility for Le Boulanger, Inc., a premier family-owned bakery and café operator, offering a wide variety of award-winning breads, pastries and gourmet coffees. In addition to retail, the company also...
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January 15, 2016, 07:17 AM
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A top ten Little Caesars franchisee with over 20 locations in 3 states engaged Trinity Capital LLC, a Los Angeles-based boutique investment bank with expertise in food & beverage, to arrange a CAPEX facility to fund new locations awarded by Little...
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January 14, 2016, 07:25 AM
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Citizens Bank acted as left lead arranger and administrative agent on a $74 million credit facility for Barteca Holdings. In conjunction with the financing, Barteca Holdings also received a minority investment from General Atlantic, a leading growth...
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January 06, 2016, 07:28 AM
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Boathouse Capital announced that its portfolio company, KBP Foods, has acquired 24 Yum! Brands restaurants in KS, MO and FL. KBP now operates 247 restaurants across ten states throughout the Midwest and Southeastern United States, making it one of...
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August 05, 2015, 07:02 AM
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Jack in the Box Inc. announced completion of an amendment to its existing senior credit facility. Under the terms of the amendment, the credit facility was increased to $1.2 billion, which consists of a $300 million term loan and $900 million...
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GE Capital’s Franchise Finance business announced today that it has provided financing to Dufficy Enterprises Inc. Based in Franklin, MA, Dufficy is a Domino’s Pizza franchisee that operates 16 units in the greater Boston area.The credit facility...
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A licensed multi-unit franchisee of Krispy Kreme Doughnuts has obtained a senior term loan from Deerpath Capital Management in order to provide liquidity for existing shareholders and to fund the development of new Krispy Kreme stores. FocalPoint...
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Restaurant Brands International Inc. and 1011778 B.C. Unlimited Liability Company and New Red Finance, Inc. announced today the repricing of their First Lien Term Loan Facility resulting in an interest rate reduction to LIBOR + 2.75% with a 1.00%...
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Dunkin' Brands Group, Inc., the parent company of Dunkin' Donuts (DD) and Baskin-Robbins (BR), announced its intention to refinance its senior secured credit facilities with a new securitized financing facility.As of September 27, 2014, the...
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January 07, 2015, 07:46 AM
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Papa Murphy's Holdings, Inc. has successfully closed on a new $132 million senior secured credit facility. The new five year facility, consisting of a $112 million senior secured term loan and a $20 million revolving credit facility, replaces the...
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August 29, 2014, 07:46 AM
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According to the National Restaurant Association, preliminary figures from the U.S. Census show that restaurant sales volume slowed slightly in June after hitting a record-high in May. Eating and drinking place sales totaled $46.8 billion on a...
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Bloomin' Brands, Inc. announced that its wholly-owned subsidiary, OSI Restaurant Partners, LLC, has completed the previously announced refinancing of its senior secured credit facilities. The new credit facilities provide for senior secured financing...
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Established restaurant brands are fiercely competing with new concepts for market share while ingredient costs are rising, said GE Capital, Franchise Finance. And although diners are spending more during each visit, consumer traffic declined over the...
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Bloomin' Brands, Inc. announced that its wholly-owned subsidiary, OSI Restaurant Partners, LLC, has initiated a process to refinance a portion of its existing senior secured credit facilities (the "Credit Facilities"). The existing Credit Facilities...
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McAlister's Deli, a leading fast casual restaurant, announced today it has partnered with several lenders for franchise expansion nationwide. First Franchise Capital, Balboa Capital and Franchise America Finance have committed to financing new...
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BMO Harris Bank recently provided a $21.7 million loan facility to Scott and Tani McMillan, the largest franchisees of Sonic Drive-In restaurants in California. With 24 restaurants in the state, the McMillans used the funds to recapitalize their...
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Business Development Corporation of America ("BDCA"), a business development company primarily focused on senior debt investments in middle market private companies, closed on a direct originated financing transaction for Boston Market Corporation...
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January 27, 2014, 07:08 AM
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Driven by improving same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) hit a five-month high in November. The RPI stood at 101.2 in November, up 0.3 percent from October and the...
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January 02, 2014, 07:42 AM
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Balboa Capital announced that is has been selected as an Approved Lender for Domino's Pizza franchise owners nationwide. Balboa Capital will provide an expanded portfolio of flexible financing options to Domino's Pizza franchisees who need funding...
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November 21, 2013, 07:11 AM
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Morton’s Restaurant Group entered into a Credit and Guaranty Agreement with Goldman Sachs Bank USA providing it with a new five year $70 million credit facility. The new facility replaces the company’s previous $70 million credit facility which was...
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