Financing a restaurant franchise may have just become a little more difficult. Especially when one of the big boys decides to pull in it’s reins. GE Capital is the latest finance institution to admit that it is taking a much harder look at financing franchise restaurant start-ups.
GE Capital spokesperson Stephen White said:
"We are still active in the restaurant industry and
we continue to quote deals where it’s competitive and appropriate,"
White said. "In this environment, we’re taking a longer look and even a
closer look than we have in different times and that just makes sense."
Smart Money has the whole story. Read.
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