Through its strong and established relationship, GE Capital Solutions, Franchise Finance and Citicorp Leasing Inc. worked closely together to quickly assess the value of this portfolio and close this deal.
“This is an attractive portfolio purchase due to stable asset protection, improving cash flow, increasing same store sales trends, and the breadth and experience of these restaurant operators,” says Barry Perhac, vice president, business development, GE Capital Solutions, Franchise Finance. “This purchase provides new clients to grow our existing asset base.”
GE Capital Solutions, Franchise Finance is a leading lender serving customers in the restaurant, hospitality, branded beverage, automotive after-market, and power sports industries. It provides financing to help franchisees and franchisors grow, compete, and prosper. It offers access to capital with a diverse array of flexible financing options, including funds for purchasing real estate or equipment, new construction or remodels, acquisitions, or refinancing. GE news
