SCOTTSDALE, AZ, AUG. 3, 2015 - GE Capital’s Franchise Finance business announced today that it has provided a $30.7 million loan to Serazen, LLC to refinance debt and to acquire and re-image 50 Hardee’s® units in Greensboro and Wilmington, N.C. and Columbia and Florence, S.C.
As part of the acquisition, Serazen has also agreed to build 14 new Hardee’s restaurants over the next six-and-a-half years in those markets. Based in Orange, CA, the company currently owns and operates 69 Papa John’s units.
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Dealers using online mapping to spot expansion opportunities through Dealer Insights Portal
CHICAGO - The powersports industry, which includes motorcycles, all-terrain vehicles (ATV), utility-terrain vehicles (UTVs), snowmobiles, and personal watercraft, is robust and continues to grow according to dealer performance data from Commercial Distribution Finance (CDF), a division of GE Capital.
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SHANNON, Ireland - July 23, 2015 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced it delivered the first of three Boeing 767-300ERs to euroAtlantic airways - Transportes Aéreos S.A. to expand the carrier’s fleet. The remaining two aircraft are scheduled for delivery from GECAS to the airline later this year.
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SHANNON, Ireland - July 22, 2015 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of the first of two leased Boeing 737-700s to its customer VRG Linhas Aéreas S.A. The second aircraft is scheduled for delivery later this month.
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CHICAGO - Commercial Distribution Finance (CDF), a division of GE Capital, announced today that it has provided international IT solutions and managed services provider Logicalis US with $53 million in short term accounts receivable (STAR) funding. Logicalis used the STAR facility to fund a purchase order for a major contract.
STAR is a purchase order funding solution that provides solution providers with additional credit capacity beyond traditional credit lines.