WORLD PROPERTY CHANNEL ®

(SCOTTSDALE, AZ) -- In a fast 2 ½-week turnaround transaction, GE Capital, Franchise Finance (NYSE: GE)  has provided a $4 million credit facility to four Jack in the Box franchise restaurant developers.

The funds will enable the RDSL company to acquire and develop seven restaurant properties  in metro Dallas, TX.

Jack in the Box restaurant exterior

"GE Capital, Franchise Finance met the challenge head on," says Dave Stansbery, vice president, GE Capital, Franchise Finance. "This is a great example of a full team performance. This is also another strong indicator that GE Capital is lending and providing great customer service."

Uniting four franchisees from across the country, the franchise ownership company, RDSL, was founded by Rabi Viswanath, David Beshay, Sam Fong, and Lee Su. RDSL currently owns and operates 19 Jack in the Box franchise units in the Dallas and Southern Oklahoma areas.

"We're thrilled GE Capital provided certainty of close," says Viswanath. . "Their knowledge of this industry and their client service skills allowed them to complete the deal in a short time frame."

Based in San Diego, Jack in the Box Inc., is one of the nation's largest hamburger chains, with about 2,200 restaurants in 18 states.

Stansbery says 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, the company serves over 5,000 customers and over 22,000 property locations.

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