GE Capital, Corporate Retail Finance today announced it is providing
financing to C&K Markets, an independent regional supermarket chain. The
funding will be used to support the company’s operations and expected
growth as it implements a new customer experience strategy.
Headquartered in Brookings, OR, C&K Markets operates more than 40
grocery stores throughout Oregon and Northern California under the
brands of Ray’s Food Place, Shop Smart and C&K Market. The company has
new leadership, and is focused on enhancing its selection of locally
sourced and organic grocery items, meats and produce.
“As we work to provide an improved experience and expanded food
selection for our customers, we need to be working with a lender that
really understands our business,” said Karl Wissman, president of C&K
Markets. “We are grateful for GE Capital’s expertise during this very
important stage in our development.”
“We look forward to working with C&K Markets as they implement an
exciting new business plan,” said Rob McMahon, senior managing director
at GE Capital, Corporate Retail Finance. “Our capabilities go beyond
finance to provide our customers with insights and expertise that help
them grow.”
About GE Capital, Corporate Retail Finance
GE
Capital, Corporate Retail Finance provides asset-based, cash flow
and structured loans and leases to mid-size and large U.S. businesses
expanding in North America, Asia and Europe. Funding may be provided
through GE Capital, Corporate Retail Finance’s affiliate, GE Capital
Bank, Member, FDIC. Financing supports working capital, growth,
acquisitions, turnarounds and balance sheet optimization in key sectors:
Aerospace and defense; automotive and transportation; chemicals and
plastics; construction and building products, corporate aircraft;
energy; food and beverage; manufacturing; marine; metals and mining;
paper, packaging and forest products; retail; and technology and
electronics. With Access GE, clients also benefit from access to GE’s
best practices to help build their business. Visit gelending.com/clnews
or follow @GELendLease
on Twitter.
GE Capital offers consumers and businesses around the globe an array of
financial products and services. For more information, visit gecapital.com
or follow company news via Twitter (@GECapital). GE (NYSE: GE) works on
things that matter. The best people and the best technologies taking on
the toughest challenges. Finding solutions in energy, health and home,
transportation and finance. For more information, visit ge.com.
Copyright Business Wire 2014