United Capital Business Lending, a national business lender specializing in franchise finance, announced today that it provided $3.7 million to Dunkin’ Donuts owner, Velocity Brands Holdings, LLC.
United Capital refinanced eight locations for the Florida-based franchisee, and provided funds to acquire six existing Dunkin’ stores. United Capital also established a development line for Velocity Brands Holdings, LLC to build four new restaurants.
United Capital has committed $100 million to multi-unit Dunkin’ Donuts franchisees over the next 12 months. Qualified Dunkin’ operators may borrow from United Capital to refinance debt, acquire existing Dunkin’ Donuts restaurants, develop new locations, or reimage stores.