Burrito bar set to launch new Yorkshire site with seven-figure funding

A burrito bar business has secured a seven-figure funding deal from alternative lender ThinCats to expand its national reach.

El Mexicana is set to expand its network of eateries to 22, starting with a new site in Doncaster.

Established in 2011, El Mexicana already has 17 sites across the UK and specialises in Mexican fast food and casual dining.

John Coverly, MD of El Mexicana, commented: “We’re excited to be working with ThinCats as part of our ambitious growth strategy.

“After being introduced to ThinCats, we were impressed by Stuart’s drive and innovative approach to doing business.

“His dedication to providing us with the sustainable capital we needed was exactly what we were looking for to help support us and accommodate for our future growth.”

Stuart Thompson, regional director of business development, ThinCats said “This is an excellent business, with an exciting product, run by two experienced businessmen.

“We are delighted to support this growth and continue to support SMEs with capital to pursue their ambitions.

“We look forward to working with the El Mexicana team again and to support their continued success.”