SCOTTSDALE, AZ --- GE Capital's Franchise Finance business announced today that it has provided $80 million in senior debt to BurgerBusters Inc., a Taco Bell franchisee. GE Capital served as administrative agent and GE Capital Markets served as lead arranger and bookrunner on the transaction.
BurgerBusters will use the capital to refinance existing debt and to purchase some of its restaurant locations. Based in Virginia Beach, VA, it operates 83 Taco Bell restaurants.
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SCOTTSDALE, AZ --- GE Capital, Franchise Finance has provided Armadillo Ventures, LLC, a Texas Roadhouse franchisee, with a $12 million senior credit facility comprised of a $9 million term loan and a $3 million development line of credit. The funds will be used to refinance existing debt and to build and operate a new restaurant location.
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SCOTTSDALE, AZ --- GE Capital's Franchise Finance business announced today that it provided $43 million in senior credit to WKS Restaurant Corp. The credit facility was used to substantially recapitalize the company. GE Capital serves as administrative agent and GE Capital Markets served as sole lead arranger and bookrunner on the facility.
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GE Capital rolling out enhanced digital tools to address site selection issues
SCOTTSDALE, AZ --- Restaurant franchise owners looking to grow their portfolios say that obtaining quality data is their biggest problem when looking for new sites, according to a recent survey by GE Capital, Franchise Finance (GEFF), a leading provider of financing to restaurant owners.
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Upgraded SmartChart™ to premier at Restaurant Finance & Development Conference Nov. 4-6 in Las Vegas
SCOTTSDALE, AZ, OCT. 30, 2013 --- GE Capital, Franchise Finance (GEFF) will be demonstrating cutting-edge enhancements to GE SmartChart™ at the Restaurant Finance & Development Conference Nov. 4-6 in Las Vegas. SmartChart is a digital tool that can help restaurant owners manage and build their businesses by allowing comparisons of numerous metrics, such as cost of goods sold (COGS) and utilities, among others.
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SCOTTSDALE, AZ --- As Wendy's® restaurants undergo a total brand transformation --- which includes "re-imaging" existing restaurants and developing new ones as well as a new marketing, logo and packaging --- GE Capital's Franchise Finance (GEFF) business has provided a $100 million credit facility to finance qualified franchisees that want to update their restaurants.