News

GE Capital extends restaurant financing opportunities

October 29, 2014

GE Capital, Franchise Finance announced today that it has expanded its team of account executives to focus on the restaurant industry. Leading the initiative is Allen Johnson, who has been promoted to managing director of new relationship development in the US.

According to a news release, Johnson now oversees a team of account executives who are responsible for establishing connections with operators who need financing beyond what may be available from the Small Business Administration and local banks.

"The US economy continues to strengthen, and the public’s interest in dining away from home shows no signs of abating," said Todd S. Jones, senior managing director of brand management at GEFF, in the release. "We’ve analyzed the current market dynamics and we’re excited to provide financing to more operators."