Focuses on new relationship development and customer outreach
SCOTTSDALE, AZ, OCT. 29, 2014 - GE Capital, Franchise Finance (GEFF) announced today that it has expanded its team of account executives to focus on developing relationships with the next generation of restaurant operators nationwide.
Eden Prairie, Minn. - October 28, 2014 - GE Capital Fleet Services’ maintenance control center, located at the business headquarters Eden Prairie, Minn., has been certified for the fourth time by BenchmarkPortal as a Center of Excellence, one of the most prestigious awards in the service and support industry.
CHICAGO, OCT 28, 2014 - The motorsports industry is expecting to close out the year with strong sales, according to a survey conducted by GE Capital, Commercial Distribution Finance (CDF).
Fifty-three percent of respondents anticipate 2014 full-year sales growth of at least 10 percent, with an additional 24 percent of those respondents expecting sales to rise at least 5 percent. No respondents expect a decline in sales. This is close to last year’s survey results, with 60 percent of respondents anticipating at least 10% sales growth.
CHICAGO - October 27, 2014 - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a credit facility to support the acquisition of Gulfstream Services, Inc. by The Jordan Company, L.P., in partnership with the existing management team. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
London 23 October, 2014: Hospitals across the globe are becoming increasingly confident about their growth prospects for the year ahead despite rising costs and ongoing economic uncertainty, according to GE Capital’s inaugural Hospital Sentiment Research - a report based on interviews with more than 380 senior hospital executives with responsibility for budget decisions over eight international markets[1].
London 23 October, 2014: Hospitals across the globe are becoming increasingly confident about their growth prospects for the year ahead despite rising costs and ongoing economic uncertainty, according to GE Capital’s inaugural Hospital Sentiment Research - a report based on interviews with more than 380 senior hospital executives with responsibility for budget decisions over eight international markets[1].
MX Restaurants and Bakeries, Inc. borrows $5.6 million to develop four units
SCOTTSDALE, AZ, OCT. 23, 2014 - GE Capital’s Franchise Finance (GEFF) business announced today its first financing for the Corner Bakery Café concept. That comes in the form of a $5.6 million loan to MX Restaurants and Bakeries, Inc.
Based in McAllen, TX, MX Restaurants already operates seven Corner Bakery restaurants in the Houston and South Texas markets. It will use these funds to pay off short-term debt related to a recent acquisition and to develop four additional units.
CHICAGO - October 22, 2014 - GE Antares Capital, a unit of GE Capital, announced today it is serving as administrative agent on a $95 million senior secured credit facility to Glencoe Capital’s portfolio company, Dialog Direct. The transaction refinanced the company’s senior debt and provided financing to acquire Allegra Direct Communications. GE Capital Markets served as sole lead arranger and sole bookrunner on this facility.
Elgin, IL-based dealer discusses industry outlook and trends with GE ahead of GIE+EXPO in Louisville
CHICAGO, il, OCT. 20, 2014 - While seasonal weather patterns in 2014 have had a larger-than-normal impact on the lawn and garden industry, GE Capital’s Commercial Distribution Finance business, a leading provider of financing to the lawn and garden industry, says the industry today is healthy, with dealer financing volume up 9% year to date in the United States and 12% in Canada.
