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,” explains 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, Texas.
“We are committed to helping restaurant groups such as J&D grow with the industry,” said Marques Bayne, vice president, GE Capital, Franchise Finance. “We deliver on that commitment with our capital and our industry expertise.”
Based in San Diego, Jack in the Box Inc., is one of the nation’s largest hamburger fast-food chains, with more than 2,200 restaurants in 19 states.