Hamburger chain Byron is targeting 100 restaurants following an eight-figure finance boost from two of its banking partners.
The premium hamburger brand is likely to commission a raft of new kitchen builds as it expands the estate after securing £12m in new funding.
The facility, which is jointly funded by Santander and Royal Bank of Scotland’s Corporate Transactions team, is in addition to current arrangements and will support the national roll-out of the chain, according to Santander.
Chief executive, Tom Byng, said the two banks had already played a major part in its growth so far. “Santander and Royal Bank of Scotland have proved to be supportive partners over the past two and a half years, during which the business has nearly doubled in size,” he commented.
Andrew Tulley, head of structured finance, financial sponsors, London at Santander, said the investment would propel the brand to an even wider audience.