Papa John's franchisee gets funding from GE Capital

Oct. 10, 2011

GE Capital, Franchise Finance recently completed a $9.5 million transaction with BAJCO Group, a Papa John's Pizza franchisee, for the refinancing of existing debt.

Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.

Faisal Bajwa, CFO, BAJCO Group, said the company has been a GE Capital customer since 2010.

"This latest financing was another very professional execution. We look forward to working with GE Capital again," he said.

Based in Niles, Ohio, BAJCO currently owns and operates 74 Papa John's units in Ohio, Indiana, Michigan, Pennsylvania and Florida.

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Topics: Business Strategy and Profitability , Financial Management , Financing and capital improvements , Franchising & Growth , Operations Management , Papa John's

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