Domino's Pizza Franchise TN & VA
$935,000 | SBA 7(a) | Tennessee & Virginia
Pacific Western Bank provided a loan to a multi-unit-owner/operator of Domino's Pizza stores, which helped to strengthen his franchises. The $935,000 SBA loan refinanced existing business debt over a longer term, effectively cutting monthly payments in half; it also included proceeds for store reimaging.
The franchisee is now well-positioned to acquire or develop additional stores as a result of cash flow savings. And, we are already assisting the borrower with his store development by providing 100% financing over a 10-year term with no prepayment penalties.