CWB Franchise Finance, a division of CWB Financial Group, provided a multi-product loan facility to Browns Restaurant Group, a Canadian franchiser based in Vancouver. The funds will be used to consolidate and refinance existing corporate debt as the company grows its presence across Western Canada and enters the Eastern Canada market.

“We’re excited to partner with Scott Morison and the team at Browns Restaurant Group,” said Jacob Mancini, senior manager of CWB Franchise Finance’s restaurant division. “CWB Franchise Finance is committed to working through complex deals with our franchisor clients looking to grow their businesses. Opportunities like this one are an excellent example of how we can offer flexible accretive structures that make sense for our clients.”

“Our growth across Canada has been fast and furious,” said Scott Morison, founder and CEO of Browns Restaurant Group. “The broad range of products CWB Franchise Finance has provided gives us what we need to continue to grow, particularly into Ontario which is a new market for us. Their specialized and focused approach to lending in the restaurant space will be beneficial to us and our franchisees.” Ranked by Foodservice & Hospitality Magazine as No. 35 in the Top 100 list, the company has been the fastest growing restaurant brand in Canada for four of the last five years.

CWB Franchise Finance, a division of CWB Financial Group, specializes in financing for regional and national restaurants and hotels. Previously GE Capital Canada’s franchise financing arm, CWB Franchise Finance was acquired by CWB Financial Group in 2016.