News

Popeyes franchisee secures financing to add 20 restaurants

November 24, 2014

GE Capital's Franchise Finance business announced it has provided financing to Z&H Foods LLC to develop more than 20 Popeyes units and to refinance debt. GE Capital Markets served as administrative agent on the transaction.

Based in Sugarland, Texas, Z&H operates more than 90 Popeyes units in multiple markets in Texas and, more recently, in Phoenix, Denver and Salt Lake City.

"We're impressed with GE Capital's ability to provide a customized financing solution that will help meet our growth needs," Z&H Co-owner Amin Dhanani said in a news release. "The cash flow financing is important and having the ability to draw on a line of credit as we develop new units is crucial."