Stonebriar Commercial Finance closed a $11 million term loan supporting the acquisition of nine franchised Quick Service Restaurants (QSR). The acquisition features a seasoned and highly profitable group of stores with core market locations. Stonebriar approved the transaction in seven days and closed in 25 days.

“With our flexible capital and experienced team, we were able to provide a timely capital solution for this restaurant acquisition,” Greg Burns, managing director at Stonebriar, said. “The stores’ proven cash flows, core market locations, strong brand, and the franchisee’s multi-concept expertise make this a compelling transaction. We look forward to cultivating our relationships with both the franchisee and franchisor and will continue to seek out strong franchise finance opportunities.”

“We’re excited to have supported the franchisee and fast-growing franchisor to deliver this acquisition financing on an expedited basis,” Jeff McCoy, VP of credit for Stonebriar, said. “The speed of the approval and closing processes reflects both Stonebriar’s deep experience in the asset class and our responsiveness as a source of independent, non-regulated capital.”