CWB Franchise Finance

CWB Franchise Finance partners with the Joseph Richard Group on development line facility

MISSISSAUGA, August 9, 2018 – CWB Franchise Finance (CWB), a division of CWB Financial Group, has provided financing to the Joseph Richard Group to assist with new premises construction, expansion, and renovations of existing premises and other general corporate purposes. Established in 2002 by founding partners Andre Joseph Bourque and Ryan Richard Moreno, the Joseph Richard Group owns and operates 18 restaurants in the British Columbia lower mainland, including Oak & Thorne Public House, S&L Kitchen and Bar, Townhall Public House, and the Oceanside Yacht Club.

“The ability to provide a comprehensive financing package specifically tailored for the Joseph Richard Group’s operations and growth plans is a specialty we’re proud of,” says Dimitri Mazur, senior manager at CWB Franchise Finance’s restaurant division. “Our approach to financing gives Andre and Ryan access to pre-approved funds from trusted partners, who understand their business and ensures they can work with one trusted lender."

“CWB’s knowledge of the restaurant business was evident from the start. We saw an opportunity to work with a partner that could develop unique financing for the Joseph Richard Group, and we pursued this partnership,” says Ryan Moreno. “We’re now poised to deliver on our vision for growth and expansion, and look forward to a continued, close relationship with CWB Franchise Finance.”

About Joseph Richard Group  Joseph Richard Group is a collection of 18 unique hospitality ventures located in the British Columbia lower mainland. Since 2002, the Joseph Richard Group team has constantly fine-tuned its concepts according to the needs of its growing clientele. The Joseph Richard Group sets itself apart through dedication to the guest experience; an unwavering commitment to exceptional service and top quality offerings; and a team of likeminded people-loving staff.