GE Capital is rolling out WattWise, a new mobile application, to U.S. franchise customers
Scottsdale, AZ -- GE Capital is rolling out WattWise, a new mobile application, to its franchise restaurant operator customers in the U.S. WattWise analyzes the energy consumed by the lighting currently installed in a restaurant, then estimates the savings operators can achieve if they switch to more energy-efficient alternatives.
Expansion capital for America's fastest growing restaurant chain
SCOTTSDALE, Ariz.--24 March 2011-- GE Capital, Franchise Finance provided a $100 million credit facility to Five Guys Holdings, Inc. franchisor of Five Guys Burgers and Fries. The facility includes a $55 million term loan and a $45 million revolver, and will be used to finance expected growth. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
Funds debt refinancing and capital expenditures
SCOTTSDALE, Ariz.--08 March 2011-- GE Capital, Franchise Finance provided $13.2 million in financing to Ponder Enterprises, Inc., one of Hardee's largest franchise operators The credit facility, consisting of an $11.2 million term loan and a $2 million development line of credit, is being used to refinance existing debt and fund capital expenditures.
Funding allows for new store developments and refinancing of existing debt
SCOTTSDALE, Ariz.--15 February 2011-- GE Capital, Franchise Finance provides $5.8 million in financing to Dunkin' Donuts franchisee, First Cup, LLC. The facility includes a $4.1 million term loan and a $1.7 million development line of credit, which together will refinance existing debt and provide capital for restaurant expansion. Funding was provided through GE Capital, Franchise Finance's bank affiliate, GE Capital Financial Inc.
Outlook positive after big comeback in 2010
NORWALK, CT -- This year is expected to be another strong one for leveraged loans, said Sage Nakamura, managing director of loan syndications with GE Capital Markets, Inc. GE Capital, Americas is a leading provider of commercial loans and leases to mid-market businesses across diverse industries throughout the U.S., Canada and Mexico.
Funds Allow for Refinancing and Growth Development
SCOTTSDALE, Ariz.--19 January 2011-- GE Capital, Franchise Finance announced today that it is providing $15.3 million in financing to a large Hardee's® franchisee, Paradigm Investment Group, LLC. The credit facility includes a $10.3 million term loan and a $5 million development line of credit.
Funding allows for refinancing of existing debt
SCOTTSDALE, Ariz.--07 December 2010-- GE Capital, Franchise Finance provided $10.5 million in financing to Wendy's® fast food franchisee, Legacy Restaurant Group, LLC. The facility will be used to refinance existing debt. Financing was provided through the GE Capital, Franchise Finance bank affiliate, GE Capital Financial Inc.
Funds acquisition of four BURGER KING units and debt refinancing
SCOTTSDALE, Ariz.--12 October 2010-- GE Capital, Franchise Finance provided $9.3 million in financing to Georgia Texas Operating Company, a BURGER KING® and Taco Bell franchisee. The funds were used to acquire four BURGER KING fast food restaurants in the greater Atlanta area as well as to refinance existing debt. Funding was provided through GE Capital, Franchise Finance's bank affiliate, GE Capital Financial Inc.
Funding allows for the acquisition of eight BURGER KING units in Medford, Oregon
SCOTTSDALE, Ariz.--Tuesday, July 27, 2010-- GE Capital, Franchise Finance is providing $8.4 million in financing to Ghai Management Services, Inc., a BURGER KING® franchisee based in Fremont, California. The funds will be used to acquire eight BURGER KING fast food restaurants. Financing was provided through the GE Capital, Franchise Finance bank affiliate, GE Capital Financial Inc.
