Funds acquisition of 51 Jack in the Box units
SCOTTSDALE, Ariz.--17 January 2012-- GE Capital, Franchise Finance provided $18 million to Feast Foods, LLC, a Jack in the Box franchisee. The financing includes a $16.3 million term loan for the acquisition of 51 Jack in the Box units in Washington, Idaho and Oregon and a $1.7 million development line of credit. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.