Wintrust Financial Corporation announced that its subsidiary Lake Forest Bank and Trust Company has completed its previously announced acquisition of select loans and related relationships from GE Capital Franchise Finance. The loans totaled $554...
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August 22, 2016, 07:45 AM
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GE has reached an agreement to sell GE Capital’s Franchise Finance U.S. hotel business to Western Alliance Bank, a wholly owned subsidiary of Western Alliance Bancorporation. The sale includes approximately $1.4 billion in ending net investment (ENI)...
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March 30, 2016, 07:52 AM
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GE Capital’s Franchise Finance business has named three new sales representatives to deliver financing services to restaurant franchise operators nationwide.“We continue to fortify our commitment to the brands and operators we support,” said Trey...
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August 13, 2015, 07:41 AM
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GE Capital’s Franchise Finance business announced that it has loaned $11 million to Vitaligent, LLC for the acquisition of 77 Jamba Juice units, making it the largest franchisee in the system.Vitaligent is a new company formed by David Peacock...
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August 06, 2015, 07:53 AM
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GE Capital’s Franchise Finance business announced 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...
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August 04, 2015, 07:53 AM
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GE Capital’s Franchise Finance (GEFF) business announced it has provided a $51 million credit facility to Giordano’s, a portfolio company of Victory Park Capital. GE Capital Markets served as administrative agent and joint lead arranger.Founded in...
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April 02, 2015, 07:28 AM
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GE Capital’s Franchise Finance business has provided an $11 million term loan and $2 million development line of credit to RJC, LLC, a restaurant operator, to support its recent acquisition of 26 Denny’s restaurants.The restaurants are located in the...
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March 13, 2015, 07:39 AM
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GE Capital’s Franchise Finance business announced that it is administrative agent on a $58.75 million credit facility for PF Growth Partners, LLC (PFGP), one of the largest franchisees of Planet Fitness® clubs. The funds will be used to refinance...
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March 03, 2015, 07:47 AM
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GE Capital’s Franchise Finance business served as administrative agent on a $45 million senior secured credit facility to The Saxton Group, the largest McAlister’s Deli® franchisee. GE Capital Markets served as sole lead arranger and sole...
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February 20, 2015, 07:28 AM
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GE Capital’s Franchise Finance (GEFF) business announced that it has provided a new $7.6 million term loan and $2.0 million revolving credit facility to Milano Restaurants International Corp. The funds will be used primarily to develop its new...
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January 16, 2015, 07:46 AM
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J & B Restaurant Partners of Long Island II, LLC and certain affiliates (collectively, the “Company”), owners of 37 Friendly’s restaurants in New York, New Jersey and Connecticut, filed voluntary petitions for relief under Chapter 11 of the United...
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January 07, 2015, 07:47 AM
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GE Capital’s Franchise Finance (GEFF) business announced that it has provided financing to Z&H Foods, LLC to develop more than 20 Popeyes units and to refinance debt. GE Capital Markets served as administrative agent on the transaction.Based in...
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November 24, 2014, 08:05 AM
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GE Capital’s Franchise Finance business has led a $37.5 million senior credit facility for Specialty’s Café & Bakery Inc. to refinance existing debt and provide funds for additional growth.Since 1987, Specialty’s Café & Bakery has combined a unique...
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November 17, 2014, 07:53 AM
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GE Capital’s Franchise Finance (GEFF) business provided $35 million in two separate term loans to Romulus, Inc., one of the largest IHOP® franchisees. The funds will be used to refinance existing debt, provide a dividend recapitalization and finance...
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November 14, 2014, 07:37 AM
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GE Capital’s Franchise Finance business announced it has provided a $95 million senior credit facility to JIB Management, Inc. A portion of the funding was provided by GE Capital’s bank affiliate, GE Capital Bank. GE Capital Markets acted as sole...
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November 13, 2014, 08:03 AM
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GE Capital’s Franchise Finance (GEFF) business announced 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...
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October 24, 2014, 07:28 AM
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GE Capital’s Franchise Finance business announced that it has loaned $39.4 million to Cotti Foods for the acquisition of 39 Wendy’s restaurants, the remodeling of existing units and the development of new units.Cotti purchased the units — 32 in the...
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July 29, 2014, 07:06 AM
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GE Capital’s Franchise Finance business announced it has provided $31 million to United Restaurant Group, LP in a combined sale-leaseback and refinancing. GE Capital served as administrative agent and GE Capital Markets served as sole lead arranger...
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May 30, 2014, 07:51 AM
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GE Capital's Franchise Finance business announced it has provided $35.5 million in senior debt to Valenti Mid-South Management, LLC, a major Wendy's franchisee based in Tampa, FL. The funds will be used to refinance most of the company's senior...
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May 28, 2014, 07:19 AM
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GE Capital’s Franchise Finance business announced today that it has provided $80 million in senior debt to BurgerBusters Inc., a Taco Bell franchisee. GE Capital served as administrative agent and GE Capital Markets served as lead arranger and...
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March 11, 2014, 07:58 AM
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GE Capital, Franchise Finance has provided Armadillo Ventures, LLC, a Texas Roadhouse franchisee, with a $12 million senior credit facility comprised of a $9 million term loan and a $3 million development line of credit. The funds will be used to...
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February 14, 2014, 07:28 AM
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GE Capital’s Franchise Finance business announced it provided $43 million in senior credit to WKS Restaurant Corp. The credit facility was used to substantially recapitalize the company. GE Capital serves as administrative agent and GE Capital...
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February 12, 2014, 07:36 AM
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GE Capital's Canadian Franchise Finance business announced it has provided senior debt to Bayview Hospitality Group Inc., a hotel management and development company headquartered in Toronto, that will be used to refinance existing debt and allow...
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February 04, 2014, 07:14 AM
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GE Capital's Canadian Franchise Finance business announced that it has provided Original Joe's Franchise Group Inc. (OJ's) and parent company Franworks Franchise Corp. with an expanded, $49 million senior credit facility. GE Capital, Canada served as...
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October 29, 2013, 07:26 AM
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As Wendy’s restaurants undergo a total brand transformation — which includes “re-imaging” existing restaurants and developing new ones as well as a new marketing, logo and packaging — GE Capital’s Franchise Finance (GEFF) business has provided a $100...
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September 25, 2013, 08:08 AM
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GE Capital's Franchise Finance business announced it has loaned $6.5 million to Wright Investment Properties, Inc. (WIP), a hotel management and development company based in Cordova, TN. The majority of the funds will be used to refinance and...
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September 03, 2013, 08:04 AM
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GE Capital’s Franchise Finance business announced it has provided Guerrieri Management, Inc. (GMI) with a $6.8 million credit facility. Based in Cape Coral, FL, the company currently operates 12 Taco Bell restaurants in the Tampa-Clearwater...
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July 30, 2013, 07:44 AM
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GE Capital’s Franchise Finance business announced today that it has provided a $45 million real estate-secured revolving credit facility to new customer Platinum Hospitality Management, an affiliate of Platinum Companies. Based in Hermitage, TN, a...
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May 28, 2013, 08:05 AM
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The U.S. restaurant industry is beginning to sizzle, according to the 23rd edition of the Chain Restaurant Industry Review, which was released today at the Restaurant Leadership Conference by GE Capital, Franchise Finance (GEFF). Merger and...
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April 24, 2013, 07:49 AM
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GE Capital, Franchise Finance recently provided $11.3 million to Ghai Management Services, a Burger King franchisee. The funding was used for the acquisition of six Taco Bell locations in Northern California.
“We have long ties to GE Capital...
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March 27, 2013, 08:04 AM
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GE Capital's Canadian Franchise Finance business provided Original Joe's Franchise Group Inc. (OJ's) with a C$15.3 million senior secured credit facility. OJ's will use it to continue its expansion of the Original Joe's and State & Main restaurant...
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February 07, 2013, 07:16 AM
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GE Capital, Franchise Finance recently provided a $74 million loan to Team Schostak Family Restaurants, an Applebee’s International, Inc. and Burger King franchisee. The financing will be used to fund the acquisition of 65 new Applebee’s units.“GE...
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November 06, 2012, 07:26 AM
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