Sizzler International Inc. (NYSE: SZ) today announced that it has entered into a new 7 year, $10 million term loan. This facility was arranged by Heller Financial Leasing Inc. Sizzler has currently drawn down $5 million under this facility, primarily to fund the completion of the Sizzler USA remodel program and the expansion of Oscar's, a highly successful and rapidly growing restaurant company which Sizzler acquired 82% of in May 2000.