GE Capital, Franchise Finance Provides Original Joe's with $15.3 Million Credit Facility for Expansion Projects

GE Capital, Franchise Finance Provides Original Joe's with $15.3 Million 
Credit Facility for Expansion Projects 
MONTREAL, Feb. 6, 2013 /CNW Telbec/ - GE Capital's Canadian Franchise Finance 
business announced today that it has provided Original Joe's Franchise Group 
Inc. (OJ's) with a $15.3 million senior secured credit facility. OJ's will use 
it to continue its expansion of the Original Joe's and State & Main restaurant 
concepts. GE Capital, Canada served as lead arranger on a senior credit 
facility with BMO Bank of Montreal and Laurentian Bank as participants. 
Headquartered in Calgary, Alberta, OJ's is a full-service casual restaurant 
and bar with 55 locations, which are a mix of corporate-owned, joint venture 
and franchised units. 
"Throughout our association with GE Capital, we've been impressed by their 
understanding of and commitment to the restaurant industry and especially to 
our own business," said Derek Doke, president and CEO of OJ's. "With this 
credit facility, GE Capital provides us with a solid financial foundation that 
allows us to concentrate our energies on expanding into new markets." 
"We've been financing OJ's expansion projects for four years," said Edward 
Khediguian, senior vice president of GE Capital's Franchise Finance business 
in Canada. "We're pleased to continue to work with this leader in the Canadian 
restaurant industry." 
About Original Joe's Franchise Group Inc. 
Original Joe's Franchise Group Inc. (OJ's) is a full-service casual restaurant 
and bar that opened the doors of their first location in the community of 
Marda Loop in Calgary, Alberta in 1997. Today OJ's is considered one of the 
fastest growing casual dining restaurant brands in Canada with 55 locations. 
Many of Western Canada's major cities and towns are home to an OJ's, 
including: Vernon, Vancouver, Richmond, Calgary, Edmonton, Red Deer, Regina, 
Saskatoon and Winnipeg. State & Main is another OJ's restaurant concept. This 
casual, comfort food-focused kitchen and bar with a classic big city feel is 
expanding in western Canada and Ontario. 
About GE Capital, Franchise Finance
GE Capital, Franchise Finance is a leading lender to the franchise finance 
market, serving the restaurant and hospitality industries. We specialize in 
financing regional and national restaurant businesses of all sizes across the 
country. Over the past 10 years, we've financed more than 700 restaurant 
customers with upwards of 1,500 property locations, lending more than $1.1 
billion to the Canadian restaurant space. In the Canadian hotel market, we 
provide financing for nationally known brands in the limited and 
select-service segments of the industry. 
With more than 20 offices throughout Canada, GE Capital 
(http://www.gecapital.ca) offers a wide variety of financial products and 
services to address commercial financing and fleet management needs in many 
phases of a business' lifecycle. From equipment finance to working capital and 
growth financing to large asset-based and restructuring loans, we apply our 
wealth of industry expertise to develop custom solutions for your company. 
Some of the industries in which we specialize include transportation, 
construction, manufacturing, aerospace, automotive, mining, energy, wholesale, 
retail, restaurant and hotel franchise financing. 
GE (NYSE: GE) works on things that matter. The best people and the best 
technologies taking on the toughest challenges. Finding solutions in energy, 
health and home, transportation and finance. Building, powering, moving and 
curing the world. Not just imagining. Doing. GE works. For more information, 
visit the company's website at www.ge.com. 
GE Capital, Canada Brigitte Dagnault 514-397-5323 514-346-1207 (mobile) 
brigitte.dagnault@ge.com 
SOURCE: GE CAPITAL CANADA 
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CO: GE CAPITAL CANADA
ST: Quebec
NI: FIN RES FBR FOD ECO  
-0- Feb/06/2013 15:49 GMT
 
 
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