GE Capital, Franchise Finance Provides $9.35 Million to Wendy’s Franchisee, Legacy Restaurants Group, LLC.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--GE Capital, Franchise Finance closed a $9.35 million deal with Legacy Restaurants Group, LLC. owners of multiple Wendy’s franchise units in Kansas and Missouri. The loan helps Legacy acquire five new units from another franchisee located in Joplin, Mo. and refinance existing debt.

“We’re pleased to have the opportunity to work with an active and well-known franchisee, like Legacy,” says Dave Stansbery, vice president, GE Capital, Franchise Finance. “Our expertise in the restaurant financing industry helps companies grow and prosper, even in today’s economy.”

Legacy now owns and operates 17 Wendy’s franchise units in the Topeka, Kan. and Kansas City, Mo. areas. While GE Capital, Franchise Finance and Wendy’s have a long-standing relationship, this is the first GE Capital deal with Legacy.

“We chose to work with GE Capital because of their strong reputation in our industry,” says Kirk Williams, principal at Legacy Restaurants Group, LLC. “We wanted to choose a lender we could grow and succeed with and we see that future with GE.”

Wendy's is the third largest hamburger fast food chain, with approximately 6,700 locations around the world.

About GE Capital, Franchise Finance

GE Capital, Franchise Finance is a leading lender for the franchise finance market via direct sales and portfolio acquisition. With over 30 years of experience and $15 billion in served assets, we serve over 5,000 customers and over 22,000 property locations. We provide financing for all your business needs. More information is available at www.gefranchisefinance.com or by calling 866-GET-GEFF (438-4333).

GE Capital offers consumers and businesses around the globe an array of financial products and services. GE (NYSE: GE) is Imagination at Work - a diversified technology, media and financial services company focused on solving some of the world's toughest problems. For more information, visit the company's Web site at www.ge.com.