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Hamburger chain Byron targets 100 restaurants following new eight-figure funding Byron

Burger House - Byron has secured a new £12m chunk of funding - SantanderCB

Premium hamburger brand Byron has secured a new £12m chunk of funding from two major banks that will support its continued expansion up until 2021.

The new facility, funded jointly by Santander and Royal Bank of Scotland's Corporate Transactions team, is in addition to current arrangements and will support the continued national roll-out of the burger chain.

Chief Executive Tom Byng hailed the support of the two banks who have supported the restaurant chain during its rapid growth.

He said: '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.'

Andrew Tulley, Head of Structured Finance, Financial Sponsors, London at Santander, is excited by the prospect of bringing 'one of the UK's most beloved hamburger brands' to an even wider audience.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

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