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CIT Canada Provides Franchise Financing to the Wise Group

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Dateline City:
Burlington, Canada

Supports Renovations to Two Keg Steakhouse & Bar Restaurants

BURLINGTON, CANADA CIT Canada, a leader in providing lending, leasing and other financial and advisory services to small businesses and middle market companies, today announced that it provided financing to the Wise Group, a leading franchisee in the premium casual restaurant sector with locations in Ontario. The franchise financing will be used to complete renovations and refinance debt on two Keg Steakhouse & Bar restaurants located in Vaughan and Newmarket, Ontario. Financing was provided by CIT Financial Ltd., a CIT affiliate. Terms of the transaction were not disclosed.

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