News: Financial Digest
Posted: May 7, 2008
Back Bay completes $40 million financing with GE Capital Solutions
Back Bay Restaurant Group completed a deal with GE Capital Solutions, franchise finance totaling $40 million. The financing continues their relationship with a $25 million term loan to refinance existing debt and a $15 million revolver to fund new construction and renovation.
The loan helps Back Bay Restaurant Group grow and provide its customers more award-winning restaurants, ranging from five-star table cart service to casual dining.
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