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Boston Blackie's gets $5.8M loan from GE

SCOTTSDALE Ariz. The largest lender in the industry, GE Capital Solutions, Franchise Finance, said Tuesday it has completed a nearly $5.83 million loan to Boston Blackie’s, an eight-unit casual-dining chain based in Chicago.

The deal closed in October, GE said. While a small transaction, it is one of the first publicly announced GE-led deals in months. The financing will be used to fund regional growth and development for Boston Blackie’s.

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