Funds refinancing of existing debt
GE Capital, Franchise Finance recently completed a $9.5 million transaction with BAJCO Group, a Papa John's Pizza® franchisee for the refinancing of existing debt. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
Funds acquisition and development of additional stores
SCOTTSDALE, Ariz.--24 August 2011-- GE Capital, Franchise Finance recently provided $2.15 million to Pizza Project, LLC, a Domino's® Pizza franchisee. The facility included a $1.45 million term loan for the acquisition of existing Domino's units as well as a $700 thousand development line of credit for the development of additional stores throughout the San Francisco, CA area.
Funds refinancing and new unit development
SCOTTSDALE, Ariz.--06 July 2011-- GE Capital, Franchise Finance recently completed a $13.9 million transaction with Wings Across America, LLC, a Buffalo Wild Wings® franchisee. The funding includes a $9,400,000 refinance term loan and a $4,500,000 new unit development line of credit. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
Consolidates and refinances existing debt
SCOTTSDALE, Ariz.--30 June 2011-- GE Capital, Franchise Finance provided a $28.9 million credit facility to Rottinghaus Company, Inc., operators of SUBWAY® franchises. The facility includes a $24.5 million term loan and a $4.4 million revolving line of credit. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
Deal funds refinancing of two hotels
SCOTTSDALE, Ariz.--22 June 2011-- GE Capital, Franchise Finance recently completed an $18.5 million term loan to K Partners Hospitality Group, L.P. for the refinancing of a Hampton Inn & Suites and a Homewood Suites located in Lancaster, California. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
NORWALK, Conn.--17 May 2011-- U.S. chief financial officers (CFOs) of middle-market companies are becoming more positive on the state of the industries in which they operate, as well as on the outlook for growth, according to the latest GE Capital survey of middle-market CFOs. In fact, their level of optimism has increased substantially since they were first surveyed in January 2010.
New report shows menu prices and capital expenditures likely to rise in 2011
SCOTTSDALE, AZ --- As consumers become more confident and increase spending, the restaurant industry is well positioned to begin growing in 2011. In spite of margin pressures caused by rising commodity prices, the industry should also see increasing capital expenditures as well as strong merger and acquisition (M&A) activity this year, according to the 21st edition of the Chain Restaurant Industry Review, released at last week's Restaurant Leadership Conference by GE Capital, Franchise Finance.
