News

Jack in the Box franchisee gets funding for growth

September 20, 2011

GE Capital, Franchise Finance provided $13.2 million to J&D Restaurant Group Inc. for the purchase of 37 Jack in the Box units throughout Central and East Texas.

Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.

"Our trust and confidence in GE Capital's ability to execute made choosing them an easy decision," said Jeff Moosa, president, J&D Restaurant Group Inc. "This is our first time working with GE, and they closed our deal the fastest in Jack in the Box history. Without the team's guidance and effort this would not have been possible."

J&D Restaurant Group was established in 2010 in Dallas.

Jack in the Box Inc. has more than 2,200 restaurants in 19 states.

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