Sterling National Bank Provides $16,500,000 in Senior Secured Credit Facilities to a North Texas Domino’s Franchisee

Sterling National Bank’s Franchise Group provided senior secured credit facilities totaling $16,500,000 to a North Texas based Domino’s Pizza franchisee. The credit facilities are being used to refinance existing debt and support an acquisition.

The Domino’s brand, founded in 1960, is the world leader in pizza delivery, with more than 94% of U.S. stores being Franchise-owned.