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Raising Cane's signs $30M finance deal
May 13, 2008
SCOTTSDALE, Ariz. — GE Capital Solutions, Franchise Finance and Baton rouge, La.-based Raising Cane's Chicken Fingers have completed a $29.5 million financing deal to promote the restaurant chain's growth.
The deal includes a $26 million term loan and a $3.5 million revolving line of credit.
Raising Cane's has held a relationship with GE Capital Solutions, Franchise Finance, since 2003.
Raising Cane's has expanded to include franchises in Mississippi, Texas, Colorado, Georgia, Ohio, Oklahoma, Nevada, Alabama, Virginia, Kentucky, Minnesota and Nebraska.
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