Free press releases distribution network?

Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



GE Capital, Franchise Finance Lends $19.35 Million to Tappan Street Restaurant Group, Owners of Taco Mac - Funding allows multi-unit development throughout the Southeast
GE Capital, Franchise Finance Lends $19.35 Million to Tappan Street Restaurant Group, Owners of Taco Mac

 

PRZOOM - /newswire/ - Scottsdale, AZ, United States, 2010/05/25 - Funding allows multi-unit development throughout the Southeast. NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

GE Capital, Franchise Finance provided $19.35 million in financing to Tappan Street Restaurant Group, Inc., owners of Taco Mac, based in Atlanta. The financing included a $13.35 million term loan to refinance general operating debt and a $6 million revolver for new-unit development. Funding was provided through GE Capital, Franchise Finance’s bank affiliate, GE Capital Financial, Inc.

“While this is our first deal with Tappan Street,” says Scott Tocci, vice president, GE Capital, Franchise Finance, “our industry experience enabled us to successfully structure a complex loan for them. We look forward to working with Taco Mac as they expand their presence across the southeast.”

There are currently 26 Taco Mac locations in and around the Atlanta metro area and one in Chattanooga, Tennessee.

“This financing allows us to capitalize on our vision to grow the concept beyond the Atlanta metro area,” says Bob Campbell, CEO, Tappan Street Restaurant Group. “We’re excited to develop a strong relationship with GE Capital, Franchise Finance, who has demonstrated that they have the knowledge and experience to help us be successful in this next stage in our growth.”

Taco Mac first opened in Atlanta in 1979. It is a casual dining concept that specializes in its offering of Buffalo-style chicken wings and variety of domestic, craft and imported beers. Restaurants feature up to 40 high-definition, flat panel televisions and hundreds of draft and bottled beers.

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 $14 billion in served assets, we serve more than 5,000 customers and more than 22,000 property locations. We provide financing for all your business needs. More information is available at gefranchisefinance.com or by calling 866-GET-GEFF (438-4333).

GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit gecapital.com or follow company news via Twitter (@GECapital). GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world’s toughest challenges. GE (ge.com) operates in more than 100 countries and employs about 300,000 people worldwide.

Press Contact
Molli Megasko
Arment Dietrich, Inc.
P: (312) 787-7249
E: mmegasko[.]armentdietrich.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


GE Capital, Franchise Finance Lends $19.35 Million to Tappan Street Restaurant Group, Owners of Taco Mac

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
GE News Center |
Contact: Christine Roe - GE Capital Solutions 
480-563-6260 christine.roe[.]ge.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From General Electric Company / Company Profile


Read Financial/Legal/Venture Most Recent Related Press Releases:

FTI Consulting Bolsters Energy, Power & Products Industry Expertise in Houston and Dallas
The Retirement Advantage, Inc. Completes Acquisition of Benefit Planning & Administration, Inc.
SCOR Receives the Authorization to Open A Composite Branch Office in India
Societe Generale Announces the Sale of Splitska Banka
GE, Gillette and Massdevelopment Complete the Sale of Property for Future GE Headquarters in Boston
Societe Generale Group has Agreed to Sell the Entire Stake of Boursorama in Onvista AG to Comdirect Bank AG
Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  NAKIVO, Inc.

Visit  Intrinsic Executive Search Ltd

Visit  BizJobs.com







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today