Hunt Valley, MD (RestaurantNews.com) United Capital Business Lending, a subsidiary of BankUnited, announced today that it is providing $2,000,000 in financing to Five Guys® Burger and Fries owner, Wholesome Enterprises, LLC. United Capital refinanced 10 existing stores for the Ohio and Pennsylvania based franchisee.
United Capital Business Lending, which in late 2010 acquired the small business lending operations of Butler Capital, is a subsidiary of BankUnited (NYSE: BKU), the largest bank in Florida with over $12 billion in assets. United Capital Business Lending now brings the experience of Butler Capital together with the financial strength of BankUnited.
“United Capital recognizes the phenomenal performance of the Five Guys® franchise system,” says Trey Grimm, vice president and business development officer for United Capital. “With the solid financial resources of our parent company BankUnited, we’re committed to providing Five Guys® franchisees with competitive financing programs for new store development, acquisitions and debt refinancing.”
In addition to Five Guys®, the United Capital team has financed franchisees for Subway®, Burger King®, Dunkin’ Donuts®, Wendy’s®, Denny’s®, Jimmy John’s® Gourmet Sandwiches and Jiffy Lube® among others.
For information about financing for franchise acquisition, new restaurant development, remodeling or refinancing, call United Capital at 866-218-4793 or visit the company’s website at www.unitedcapitalbusinesslending.com.