Growth on the menu for pub firm Cloverleaf

A LANCASHIRE-BASED pub and restaurant chain which operates 10 venues across Northern England has secured a £30m bank facility to fund its rapid on-going expansion.

Cloverleaf Restaurants, based in Blackburn, has secured the funding from Lloyds Banking Group’s corporate markets team in Manchester.

It believes that the funding could help it triple its turnover to £50m over the next few years.

The chain prides itself on offering ‘a real pub feel’ which it tailored to meet the needs of its neighbourhood in addition to its generous daily carvery.

The company has announced that it intends to open another two sites in the North over the next seven months.