Topgolf, a sports entertainment and digital golf company, closed a five-year $175 million term loan and a five-year $100 million revolving line of credit.

JPMorgan Chase, RBC Capital Markets and SunTrust Robinson Humphrey acted as joint lead arrangers and joint book runners. JPMorgan acted as administrative agent and RBC Capital Markets and SunTrust Bank acted as co-syndication agents.

“This credit facility supplies us with the capital we need to introduce the Topgolf concept to more cities and help grow the game of golf,” said Topgolf CFO William Davenport. “We’re extremely pleased with the support shown by our banks, which signals their belief in our strategy and the strength of our company.

The company, which has a flagship location on the Las Vegas strip, will use the funds for greater financial flexibility as it plans to open venues throughout the U.S.