Sterling National Bank Provides $1.1MM Development Line of Credit to Scordia and Lepsco
Sterling National Bank's franchise finance group provided a development line of credit totaling $1.1 million to Scordia Restaurant Group and Lepsco, a combined four-unit Burger King franchisee in Ohio, which will use the credit facilities to support the remodel of two existing units.
This transaction was originated by Lindy Baldwin, a managing director at Sterling National Bank in New York.