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GE Capital, Franchise Finance Provides $4.4 Million Credit Facility to Romulus Restaurant Group

  GE Capital, Franchise Finance Provides $4.4 Million Credit Facility to
  Romulus Restaurant Group

Financing for store acquisitions

Business Wire

SCOTTSDALE, Ariz. -- January 24, 2013

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 Capital, Franchise Finance because of their industry experience
and their willingness to work with us,” says Chris Milisci, president, Romulus
Restaurants. “They structured a deal that really helps us to grow our
business.”

Romulus Restaurants is an IHOP franchisee with 48 locations in four states
including Arizona, Pennsylvania, Oklahoma, and Idaho.

“We are pleased we were able to help Romulus Restaurants acquire new stores
and look forward to helping them continue to grow,” said Todd Cortell, senior
vice president, GE Capital, Franchise Finance.”

The IHOP family restaurant chain has served its world famous pancakes for 54
years. The IHOP system includes more than 1,550 restaurants in the U.S. as
well as in Canada, Guatemala, Mexico, Puerto Rico, and the U.S. Virgin
Islands.

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 at www.gefranchisefinance.com.

Contact:

Arment Dietrich, Inc.
Yvette Pistorio
(312) 787-7249
ypistorio@armentdietrich.com
or
GE Capital, Franchise Finance
Christine Roe
(480) 563-6260
christine.roe@ge.com
 
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