From time to time we like to post news articles related to fast food franchises. Here is a news article about GE Capital, Franchise Finance Lends $3.5MM to Wendy's Fast Food Franchisee, New-Wen, Inc. (Business Wire via Yahoo! Finance)
SCOTTSDALE, Ariz.----GE Capital, Franchise Finance recently provided a $3.5 million credit facility to New-Wen, Inc., owners and operators of six Wendy’s units in Ohio. New-Wen used the proceeds to refinance its existing debt structure in order to help in remodeling some restaurants and to purchase the underlying land at one of their existing Wendy's locations.
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