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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.
CWB Franchise Finance partners with Leopolds Tavern Group on development line facilityCWB Franchise Finance (CWB), a division of CWB Financial Group, has provided a term loan, mortgage and development line facility to Leopold’s Tavern Group of Companies (Leopold’s Tavern). Opening soon in Manitoba, the growing Canadian restaurant and pub brand currently operates across Saskatchewan and Alberta.
InnVest Hotels LP Loan Facility SyndicationCWB Franchise Finance, a division of CWB Financial Group, today announced it has led a syndicate to provide $109 million loan facility to InnVest Hotels LP, owners of ninety-two hotels across Canada. The loan facilities will be used to refinance existing debt and invest in capital projects and opportunistic acquisitions, and are secured against a portfolio of six of InnVest’s assets located across Ontario, Manitoba and New Brunswick.
Lone Star Texas Grill Development LineCWB Franchise Finance (CWB), a division of CWB Financial Group, has provided a term loan and development line facility to Lone Star Group of Companies (Lone Star), a growing Canadian restaurant brand with locations across Ontario. The funds will be used to assist Lone Star with the build-out of new locations as well as renovation and update of existing units.