Bulletin

Tortilla wraps up its cash with expansion on the menu

Mexican fast-food chain Tortilla, which is backed by Quilvest Private Equity, will announce today that Santander Corporate Banking has provided it with a loan of just over £11.1m, giving it the firepower to open another 25-30 outlets over the next three years. The chain, which counts David Cameron among its customers, was launched seven years ago by Brandon Stephens and will open its 21st restaurant in Liverpool this week. Tortilla's growth is being led by Richard Morris, a former TGI Friday's and The Rainforest Café executive, whose arrival as managing director has allowed Mr Stephens to step back to a non-executive role.

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

 

 

Other Articles

The new Apprenticeship Levy could help transport and logistics companies solve their recruitment problems and equip their workforces with…

Cornwall is a land steeped in legend but this salty business success story is no myth.

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Travelstar European Ltd, one of the West Midlands’ leading coach hire companies, has moved to larger premises in Portland Street, Walsall,…

Santander’s local Business Banking team recently held a Breakthrough Masterclass at the English Whisky Company, with local East Anglian…

Where Next?