Funds real estate purchase and debt refinancing
SCOTTSDALE, Ariz.--10 January 2012-- GE Capital, Franchise Finance recently provided $11.9 million to BalRod Enterprises, Inc., a Wendy's franchisee. The facility is being used to refinance existing debt and to purchase real estate. A portion of the funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
NORWALK, Conn.--09 January 2012-- GE Capital, Corporate Retail Finance today announced it is administrative agent and sole lender on a $65 million asset-based credit facility for Navarro Discount Pharmacy, LLC, a leading Hispanic-owned community drug store retailer in the U.S. The financing will be used to refinance debt and for general corporate purposes.
STAMFORD, CT, JANUARY 3, 2012 --- GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric, and ATR are pleased to announce an order for two additional ATR 72-600 turboprop aircraft, and two options.
This is a follow-on to GECAS' first-ever ATR order placed in June at the Paris Air Show and brings the total number of ATRs ordered by GECAS to 17 with 17 options. GECAS will begin to take delivery of the new aircraft in late 2012.
Funds new store development
SCOTTSDALE, Ariz.--08 December 2011-- GE Capital, Franchise Finance provided $2.8 million in financing to Four M Capital, LLC, a Buffalo Wild Wings Bar and Grill® franchisee. The funds will be used for two new store openings and to supplement an $8.7 million financing in 2010 which was used for new unit development and refinancing. Funding was provided through GE Capital, Franchise Finance's bank affiliate, GE Capital Financial Inc.
GE Capital is providing a $20 million facility for Govplace, a Reston, VA-based provider of enterprise information technology (IT) solutions to public sector clients.
HOFFMAN ESTATES, IL ― GE Capital's Commercial Distribution Finance (CDF) business today announced a $20 million facility for Govplace, a Reston, VA-based provider of enterprise information technology (IT) solutions to public sector clients.
Funds recapitalization of The Beekman Group portfolio company
SCOTTSDALE, Ariz.--06 December 2011-- GE Capital, Franchise Finance recently provided a $21.5 million credit facility to The Beekman Group's portfolio company, TBG Food Acquisition Corp. (TBG FAC), a Dunkin' Donuts franchisee operating company. The facilities include an $18.5 million term loan and a $3 million revolver. Part of the funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
GE Capital's study into Australia's mid-market points to a critical time in the growth outlook for a part of the economy capable of acting as a broader engine for growth.
[Melbourne, Australia]: Data from a new study shows that Australian medium sized businesses have and continue to be more focused on growth than any other sector in the Australian economy. But falling future expectations of growth are now clouding the prospects for the mid-market which generates more than one third of the economy's total revenue and hires more than 3.2 million Australians.
SINGAPORE, December 1, 2011 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced the delivery of a new Airbus A320 aircraft to Airphil Express to help the carrier expand its fleet. The aircraft is part of GECAS' existing order book with Airbus.
Airphil Express operates a fleet of 16 aircraft to 29 destinations.
