News & events
Filter By Year:Showing 6-10 of 26 results.
Meet our new Senior Manager Hotel Finance of Western CanadaWe are pleased to announce the appointment of Michael Macklem to Senior Manager Hotel Finance for Western Canada, CWB Franchise Finance. In this role, Michael will lead the organization's efforts for hotel lending for CWB Franchise Finance for key hotel owner/operators and developers across Western Canadian markets.
CWB Franchise Finance partners with the Joseph Richard Group on development line facilityMISSISSAUGA - CWB Franchise Finance has provided financing to the Joseph Richard Group to assist with new premises construction, expansion and renewal 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.
CWB Franchise Finance provides financing to Rickys for acquisition of Famoso Neopolitan PizzeriaCWB Franchise Finance has provided a term loan facility to Ricky’s Family Restaurants for the acquisition of the Famoso Neapolitan Pizzeria chain. Established in 2006, Famoso has 30 franchised locations in British Columbia, Alberta, Saskatchewan and Ontario, and is known for using authentic ingredients and processes in their premium-casual pizzeria restaurants. Ricky’s is part of the FDF Restaurant Brandz folio, with 175 franchised restaurant locations including Ricky’s All Day Grill, Ricky’s Country, Ricky’s Cafes and Fatburger.
CWB Franchise Finance partners with Mercatto Hospitality Group on development line facilityCWB Franchise Finance has provided a debt consolidation term loan, a relocation financing term loan and a development line facility to Mercatto Hospitality Group. The Canadian restaurant brand, open since 1998, operates five restaurants in downtown Toronto. The funds will be used to assist with development of new locations, as well as renovations and updates of existing units as required.