GE Capital, Franchise Finance Provides $30 Million to Popeyes® Louisiana Kitchen Franchisee, Shelton Restaurant Group, LLC

23 March 2012

GE Capital, Franchise Finance Provides $30 Million to Popeyes® Louisiana Kitchen Franchisee, Shelton Restaurant Group, LLC

Funds acquisition

SCOTTSDALE, Ariz.--23 March 2012-- GE Capital, Franchise Finance provided a $30 million credit facility to Shelton Restaurant Group, LLC, a Popeyes^® Louisiana Kitchen franchisee. The financing is being used to acquire 29 Popeyes units in the Lafayette, Louisiana area. The funding was provided through GE Capital’s bank affiliate, GE Capital Financial Inc.

“We chose to work with GE Capital because of their industry knowledge and ability to execute on large transactions,” explained Mike Shelton, president, Shelton Restaurant Group, LLC. “We are excited about this acquisition and GE Capital helped make it possible.”

Based in Alexandria, Louisiana, Shelton Restaurant Group, with this acquisition will own and operate 30 Popeyes restaurants throughout Louisiana and Texas.

“Being specialists in this industry enabled us to establish a great working relationship with Mike Shelton, resulting in a smooth transaction process,” said Joseph Philip, vice president, GE Capital, Franchise Finance.

Founded in New Orleans, Louisiana in 1972, Popeyes^® Louisiana Kitchen is the world’s second largest quick-service chicken restaurant, based on the number of units with approximately 2,000 locations around the world. In 2011 Popeyes was named number 20 on the QSR 50 and in 2010 it was named number 57 on the Franchise Times Top 200 Franchise Chains by Worldwide Sales.

About GE Capital, Franchise Finance

GE Capital, Franchise Finance is a leading lender for the franchise finance market via direct sales and portfolio acquisition. With more than 30 years of experience and $10 billion in served assets, we serve over 3,000 customers and over 18,000 property locations. We specialize in financing mid-market operators with multiple stores in the restaurant and hospitality industries. Our team of industry experts will work with you to help develop your own growth plan with access to our proprietary industry research and customized tools. More information is available atwww.gefranchisefinance.com.

GE Capital, Franchise Finance Provides Financing

20 March 2012

GE Capital, Franchise Finance Provides $4.5 Million to SUBWAY® Franchisee, KK Group of Companies

 

Funds acquisition, store development and refinancing

SCOTTSDALE, Ariz.--20 March 2012-- GE Capital, Franchise Finance provided $4.5 million to KK Group of Companies, a SUBWAY® franchisee. The financing includes a $3.5 million term loan to refinance existing debt and a $1 million development line of credit to fund the acquisition of one new store and for the remodeling and reimaging of four existing units. Funding was provided through GE Capital’s bank affiliate, GE Capital Financial Inc.

“We chose GE Capital for its industry knowledge and flexibility,” said Bharat Aggarwal, owner, KK Group of Companies. “They were continuously striving to ensure our satisfaction, and it resulted in a successful transaction.”

KK Group of Companies is based in Houston, Texas and operates 50 SUBWAY restaurants throughout Texas and New York.

“Our industry knowledge helped us to provide KK Group of Companies with not only a competitive product but also a structure that enabled them to achieve their goals,” said Marques Bayne, vice president, GE Capital, Franchise Finance.

Founded in Milford, Connecticut in 1965, SUBWAY now is the number one restaurant chain in total restaurant count with more locations than any other chain in the quick service restaurant industry.

About GE Capital, Franchise Finance

GE Capital, Franchise Finance is a leading lender for the franchise finance market via direct sales and portfolio acquisition. With more than 30 years of experience and $10 billion in served assets, we serve over 3,000 customers and over 18,000 property locations. We specialize in financing mid-market operators with multiple stores in the restaurant and hospitality industries. Our team of industry experts will work with you to help develop your own growth plan with access to our proprietary industry research and customized tools. More information is available atwww.gefranchisefinance.com.