Sterling National Bank Provides $2.55MM in Credit Facilities to Palm Pizza

Sterling National Bank's franchise finance group provided senior secured credit facilities totaling $2.55 million to Palm Pizza, a Domino’s Pizza franchisee. Palm Pizza will use the credit facilities to support the acquisition of six stores in Ohio, growing Palm Pizza’s network to 13 Domino’s units.

Lindy Baldwin, a managing director for Sterling National Bank in New York, originated this transaction.