DDIFO Sponsor United Capital Business Lending, a subsidiary of BankUnited, announced today that it is providing $2,000,000 in financing to Dunkin’ Donuts® owner, Raguveer, LLC. United Capital is funding a multi-unit development line for future expansion and will also refinance some of the Maryland-based operator’s existing Dunkin’ Donuts® stores.
“United Capital is committed to working closely with Dunkin’ Donuts® franchisees to provide financing for new store development, acquisitions, remodels and debt refinancing,” saysTrey Grimm, vice president and business development officer for United Capital. “We’re proud to play a part in the growth of the Dunkin’ brand.”
United Capital Business Lending, which in late 2010 acquired the small business lending operations of Butler Capital, is a subsidiary of BankUnited (NYSE: BKU), the largest bank in Florida with over $12 billion in assets. United Capital Business Lending now brings the experience of Butler Capital together with the financial strength of BankUnited.
In addition to Dunkin’ Donuts®, the United Capital team has financed franchisees for Subway®, Burger King®, Wendy’s®, Denny’s®, Jiffy Lube® , Five Guys® Burgers and Fries and Jimmy John’s® Gourmet Sandwiches among others.
For information about financing for franchise acquisition, new unit development, remodeling or refinancing, call United Capital at 866-218-4793 or visit the company’s website at www.unitedcapitalbusinesslending.com.