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GE Capital, Franchise Finance provides $25 million to Raising Cane's

October 31, 2011

GE Capital, Franchise Finance recently provided Raising Cane’s Chicken Fingers a $25 million revolving line of credit, refinancing the company’s existing facility and amending a $21.6 million term loan. Funding was provided through GE Capital’s bank affiliate, GE Capital Financial Inc.

“We value our continuing relationship with GE Capital and the flexibility they provide us,” said Brad Sanders, chief business officer, fry cook & cashier, Raising Cane’s Chicken Fingers.

Raising Cane’s has 110 locations throughout 16 states. The company is slated to open nine additional units by the end of 2011. The concept was founded in 1996 and is based in Baton Rouge, La.