Funding used to refinance existing debt, acquire one Taco Bell unit, remodel existing stores
SCOTTSDALE, Ariz.--Wednesday, July 07, 2010-- GE Capital, Franchise Finance is providing $9 million in financing for D. G. Smith Enterprises, Inc., a Taco Bell franchisee based in Sacramento, California. The proceeds will be used to refinance existing debt, fund a store acquisition, and support remodeling at select locations. Financing was provided through the GE Capital Franchise Finance bank affiliate, GE Capital Financial Inc.