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Applebee's Franchisee Receives Funding for Acquisition
SCOTTSDALE, Ariz. (November 6, 2012) --- GE Capital, Franchise Finance recently provided a $74 million loan to Team Schostak Family Restaurants, an Applebee's International, Inc. and Burger King® franchisee. The financing will be used to fund the acquisition of 65 new Applebee's units.
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New trend in company car and van sector identified by GE Capital
Manchester, 2nd November 2012: Employers are moving to make drivers of company vehicles more responsible for their condition in an attempt to minimise end-of-contract charges and reinforce residual values, reports GE Capital's Fleet Services division.
The company says that, among its customer base, a number of employers are either implementing new and more stringent driver policies in this area or tightening up on existing ones.
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Kuala Lumpur, 2 November 2012 -- General Electric Malaysia (GE) emerged as the overall winner of the Prime Minister's CSR Award 2011 and also bagged two other awards -- best Workplace Practices and Empowerment of Women. GE triumphed over 57 other companies and took home three out of the nine awards. The awards were presented by Deputy Prime Minister Tan Sri Muhyiddin Yassin.