Sterling National Bank Provides $875K Term Loan to Bakersfield Wing

Sterling National Bank's franchise finance group provided an $875,000 term loan to The Bakersfield Wing Company, a five-unit Wingstop franchisee in Bakersfield, CA. The credit facilities will provide refinancing of existing debt as well as working capital for the company.

This transaction was originated by Lindy Baldwin, a managing director for Sterling National Bank who is located in New York City.