Daily News: May 28, 2014

US Capital Provides Term Loan for World of Beer Franchise

US Capital Partners said it has provided a $1.5 million term loan for multiple franchise locations of World of Beer, a growing chain of craft beer bars with over 250 locations nationwide. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and arranges equity placements for small to lower middle market companies.

“We are delighted to have provided this term loan financing to support the ongoing expansion of the World of Beer franchise,” said Jeffrey Sweeney, CEO and managing director at US Capital Partners. “The new debt financing will provide funds to open additional locations while also providing liquidity to renovate the current franchise locations of the company. US Capital Partners was able to leverage the current assets of the business and evaluate the growth projections of the new locations in structuring and providing this financing for the business.”