Consumers expected to spend on lower-cost models
HOFFMAN ESTATES, IL -- After several choppy years, marine industry participants believe they're heading in the right direction, according to survey results released today by GE Capital's Commercial Distribution Finance (CDF) business.
SINGAPORE, February 28, 2012 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced delivery of three new Airbus A320 aircraft to Airphil Express in January and early February to help the carrier expand its fleet. All three aircraft are part of GECAS' existing order book with Airbus.
BETHESDA, MD -- February 28, 2012 --- GE Capital, Healthcare Financial Services announced today that it was sole lender and administrative agent on a $3 million multi-draw senior secured term loan facility to MedShape, Inc. The financing will be used for general working capital purposes.
HOFFMAN ESTATES, IL -- GE Capital, Americas has launched a new quarterly Industry Research Update for the lawn, golf and turf equipment industries in advance of two important industry events, the Outdoor Power Equipment and Engine Service Association (OPEESA) Annual Meeting taking place Feb. 26-29 in Phoenix, and the Golf Industry Show (GIS) taking place Feb. 29-March 1 in Las Vegas.
Montréal --- GE Capital, Financement de franchises a annoncé aujourd'hui qu'elle a récemment accordé une facilité de prêt à terme de 19 millions $ à Original Joe's Franchise Group, Inc. pour appuyer l'acquisition de tous les actifs d'Elephant & Castle Group, Inc. à la suite d'une faillite.
Montreal --- GE Capital, Franchise Finance announced today that it has recently provided a $19 million senior term loan facility to Original Joe's Franchise Group, Inc. to support the acquisition of all of the assets of Elephant & Castle Group, Inc. out of bankruptcy.
Derek Doke, majority owner, Original Joe's Franchise Group, Inc., said, "We know from our existing relationship with GE Capital that they bring a lot of expertise in restaurant financing to each transaction. We are very pleased with this outcome."
Funds partner buyout
SCOTTSDALE, Ariz.--23 February 2012-- GE Capital, Franchise Finance recently provided a $2.675 million term loan to QSC Restaurants, Inc., a Wendy's franchisee, for a partner buyout. The funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
Montreal -- GE Capital, Franchise Finance announced today that it has recently provided a $15 million senior term loan facility to Temple Real Estate Investment Trust (TSX Venture: "TR.UN") to support the acquisition of the Radisson Hotel & Suites Fort McMurray, Alberta.
Arni Thorsteinson, president & CEO, Temple REIT, Inc., said, "GE Capital proved to be very responsive to our needs and we are very pleased with the execution of this transaction."
