Wintrust Financial Corporation announced that the franchise finance group (“Wintrust Franchise Finance”) of its subsidiary Lake Forest Bank and Trust Company has signed a definitive agreement to acquire approximately $581 million in performing loans...
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July 01, 2016, 07:12 AM
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GE has completed the previously announced sale of GE Capital’s Franchise Finance U.S. hotel business to Western Alliance Bank, a wholly owned subsidiary of Western Alliance Bancorporation (NYSE: WAL). The sale includes approximately $1.3 billion in...
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April 25, 2016, 07:18 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, 07:00 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, 07:00 AM
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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...
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August 04, 2015, 07:00 AM
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GE Capital’s Franchise Finance business announced that it has provided financing to Dufficy Enterprises Inc. Based in Franklin, MA, Dufficy is a Domino’s Pizza franchisee that operates 16 units in the greater Boston area.The credit facility includes...
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July 07, 2015, 06:00 AM
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The 25th annual edition of the Chain Restaurant Industry Review by GE Capital, Franchise Finance shows that Americans’ dining habits have changed dramatically over the past quarter century. At the same time, the restaurant industry itself is growing...
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June 18, 2015, 06:06 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, 07:16 AM
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GE Capital’s Franchise Finance business announced that it 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...
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March 13, 2015, 07:00 AM
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GE Capital’s Franchise Finance business announced today 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...
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March 03, 2015, 07:08 AM
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GE Capital's Franchise Finance business announced that it 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...
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February 20, 2015, 07:05 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 25, 2014, 06:15 AM
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GE Capital, Franchise Finance (GEFF) announced that it has expanded its team of account executives to focus on developing relationships with the next generation of restaurant operators nationwide.To lead this initiative, Allen Johnson has been...
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October 30, 2014, 07:05 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, 06:55 AM
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GE Capital’s Franchise Finance business announced that it has provided $31 million to United Restaurant Group, LP (URG) in a combined sale-leaseback and refinancing. GE Capital served as administrative agent and GE Capital Markets served as sole lead...
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May 30, 2014, 06:30 AM
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GE Capital’s Franchise Finance business announced that 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, 06:00 AM
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Established restaurant brands are fiercely competing with new concepts for market share while ingredient costs are rising, said GE Capital, Franchise Finance. And although diners are spending more during each visit, consumer traffic declined over the...
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May 06, 2014, 06:04 AM
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GE Capital’s Franchise Finance business announced 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 bookrunner...
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March 11, 2014, 06:55 AM
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Restaurant franchise owners looking to grow their portfolios say that obtaining quality data is their biggest problem when looking for new sites, according to a recent survey by GE Capital, Franchise Finance (GEFF).Sixty-six percent of survey...
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December 10, 2013, 06:30 AM
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GE Capital, Franchise Finance (GEFF) will be demonstrating cutting-edge enhancements to GE SmartChart™ at the Restaurant Finance & Development Conference Nov. 4-6 in Las Vegas. SmartChart is a digital tool that can help restaurant owners manage and...
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October 31, 2013, 06:42 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 26, 2013, 06:57 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, 07:03 AM
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GE Capital, Franchise Finance recently provided $4.4 million to Romulus Restaurant Group, an IHOP franchisee for the acquisition of six stores in Oklahoma. The financing was provided through GE Capital's bank affiliate, GE Capital Bank. "We chose GE...
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January 25, 2013, 07:00 AM
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GE Capital, Franchise Finance recently provided a $7.17 million loan to The Cain Holding Group, LLC, a Panera Bread, LLC, franchisee. The loan will be used to refinance existing debt, remodel two existing locations, and fund new construction of three...
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December 12, 2012, 07:00 AM
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The American restaurant industry is starting to simmer. Consumers are spending more on meals, and foot traffic at establishments is improving, albeit from a diminished base, according to the 22nd edition of the Chain Restaurant Industry Review...
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March 28, 2012, 06:30 AM
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City National Bank announced that it has hired four new bankers in Seattle to focus on franchise finance and will open a loan production office in Seattle this year as part of a nationwide expansion effort. The new bankers came from GE Capital...
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March 13, 2012, 08:00 AM
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