MISSISSAUGA, Ont. — Browns Restaurant Group has attained a multi-product loan facility from CWB Franchise Finance, a division of CWB Financial Group.
The funds will be used to consolidate and refinance Browns’ existing corporate debt as the company grows its presence across western Canada and enters the eastern-Canadian market.
“Our growth across Canada has been fast and furious,” says Scott Morison, founder and CEO of Browns Restaurant Group. “CWB Franchise Finance has provided us what we need to continue to grow — particularly into Ontario, which is a new market for us.”
Browns Restaurant Group has more than 60 locations throughout Canada. The first Ontario franchise is scheduled to open in Ottawa in early 2018.