GE Capital Solutions, Franchise Finance Provides $5.8 Million to Lyons Group Ltd.

With the help of GE Capital Solutions, Franchise Finance and LRG Capital Group, Lyons Group Ltd. enhances the look of their existing businesses with a three part financing agreement totaling $5.8 million. The financing combines $3.6 million to refinance existing debt, a $500,000 development line of credit for upgrades to their "Game on” Fenway location, and a second $1.7 million straight loan to construct a new restaurant, or transition an existing location to one of their growth concepts. "Lyons Group and LRG Capital Group came to us because of our valuable experience dealing with businesses with unique and complex ownership structures, as well as our extensive industry knowledge,” says Todd Cortell, senior vice president, GE Capital Solutions, Franchise Finance. "It’s a pleasure working with such an experienced and well established company to develop a capital structure that allows them to improve their flagship "Game on” Fenway locations and to expand their other signature concepts.” "Working with GE Capital Solutions, Franchise Finance allows us to improve our cash flow, offering the operating flexibility we need,” says David Joaquin, CFO, Lyons Group, Ltd. "They have consistently gone above and beyond what is expected. Access to capital allows us to continue growing our concepts. Plenty of lenders offer funding, but they do not offer the flexibility needed several years down the road as we grow. We consider GE Capital Solutions, Franchise Finance a key contributor in the growth of the Sonsie, Game On, King's Bowl, Lucky's Lounge, and Irish Bar brands." Lyons Group, Ltd. is headquartered in Boston, Mass. and owns and operates multiple hospitality and restaurant concepts. Their portfolio of venues includes Sonsie Restaurant, Lucky’s Restaurant and Lounge, and "Game on” Fenway, one of their most well-known restaurants, located in historic Fenway Park. LRG Capital Group is a global investment, banking and advisory boutique that focuses on public and private companies in the technology, life sciences, hospitality, real estate, and entertainment sectors. The firm provides capital via private equity, commercial loans, and structured debt financing, and guides and advises clients on mergers and acquisitions, corporate finance advice and other strategic alternatives. Headquartered in San Francisco with offices in New York and Miami, LRG Capital Group excels at relationship-focused guidance and financing. GE Capital Solutions, Franchise Finance is a leading lender serving customers in the restaurant, hospitality and branded beverage industries. It provides financing to help franchisees and franchisors grow, compete, and prosper. It offers access to capital with a diverse array of flexible financing options, including funds for purchasing real estate or equipment, new construction or remodels, acquisitions, or refinancing. About GE Capital Solutions, Franchise Finance GE Capital Solutions, Franchise Finance is a leading lender for the franchise finance market via direct sales and portfolio acquisition. With more than 30 years of experience and $13 billion in served assets, we serve more than 5,000 customers and more than 22,000 property locations, primarily in the restaurant, hospitality and branded beverage industries. We offer customers access to capital with a menu of products featuring flexible structuring, including financing for acquisitions, refinancing, construction of new units and remodels for single- and multi-unit operators/chains. More information is available at www.gefranchisefinance.com or by calling toll-free 866-GET-GEFF (438-4333). GE Capital Solutions provides leasing, lending, and capital investment products and services to help business customers grow. It has more than $100 billion in assets, serves more than a million clients around the world, and is headquartered in Danbury, Connecticut, USA. For more on GE Capital Solutions, go to www.ge.com/capitalsolutions. 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. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.