Wingstop secures $15 million for franchise lending

11/30/2011
By Steven R. Thompsom
Staff Writer - Dallas Business Journal
 

Richardson-based Wingstop Restaurants Inc. said it is offering financing for new and existing franchisees.

 

The fast-casual restaurant chain said it has $15 million available to assist in development. Wingstop’s financing program is through a partnership with Franchise America Finance and The Bancorp Bank.

 

“This collaboration allows us to provide national funding for our current brand partners and new franchise candidates,” said Dave Vernon, vice president of franchise sales for Wingstop.

 

Wingstop is approaching its 500th location and recently made advancements in Mexico expansion.

 

Wingstop is owned by Atlanta-based Roark Capital.

 
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