GE Capital, Franchise Finance recently provided GC Partners, Inc., a Golden Corral franchisee, with an $18.5 million credit facility for store remodeling, new unit development, and debt refinancing. Part of the funding was provided through GE Capital’s bank affiliate, GE Capital Financial Inc.
“GE Capital’s ability to provide a comprehensive financing solution that improves our cash flow and positions us for future growth and success made them the ideal choice,†said David Gronewoller, President & CEO, GC Partners, Inc. “We were confident in their ability to execute this complex transaction based on their industry expertise and professionalism. We look forward to working with GE Capital for years to come.â€
Headquartered in Winston-Salem, North Carolina, GC Partners owns and operates 11 Golden Corral units throughout North Carolina, South Carolina, and Florida.