Restaurant growth may suffer as GE slows new lending

SCOTTSDALE Ariz. GE Capital Solutions, Franchise Finance, the largest restaurant lender by assets and clients, confirmed Friday it would be “much more selective” and defer rate quotes on new deals as the credit chill that began last year becomes a freeze in the face of Wall Street uncertainty.

GE Capital spokesman Stephen White said that while the Franchise Finance division was still active in the restaurant industry, it would continue to quote deals only

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