Smokey Bones Bar & Fire Grill, a 67-unit, Florida-based casual dining chain specializing in “good food, good drinks, and good times,” has secured a $30 million credit facility from Providence, R.I.-based Citizens Bank. Smokey Bones is an affiliated portfolio company of Sun Capital Partners, Inc.

The credit facility refinanced all of the Company’s existing indebtedness, and also includes a sizable development line which will be used to build multiple new restaurants and fund major remodels of select, existing locations.   Smokey Bones recently opened its third new restaurant this year and has started plans for some major remodels.

“We are excited that the Citizens team felt as strongly about the growth potential of Smokey Bones as we do. With this new capital, we are excited to accelerate our growth with new locations and major remodels.   We are happy to partner with this great team at Citizens Bank,” said Ryan Esko, CEO of Smokey Bones.

“Smokey Bones is a terrific concept poised for growth,” said Thomas Hung, Senior Vice President and head of Chain Restaurants within Citizens Bank’s Restaurant Finance group. “We are very excited for this new partnership.”