GE Capital’s Franchise Finance business is providing a $37.5 million senior credit facility for Specialty’s Cafe & Bakery Inc. to refinance existing debt and provide funds for additional growth. Founded in 1987, Specialty’s Cafe & Bakery offers a selection of baked goods, sandwiches and salads at 50 restaurants in California, Washington and Illinois.

Customers may order in-store using self-serve kiosks or on-line at for business catering delivery or personal pick-up in 15 minutes or less.

“GE Capital is an ideal lender as they understand the value we provide to customers and the commitment to quality that our brand embodies,” said Randall Niemeyer, chief financial officer of Specialty’s. “GE Capital was able to structure a deal that met our needs for flexibility and future growth.”

Bill Kraus, a managing director with GE Capital, said the facility allows Specialty’s to consolidate existing loans, thereby improving cash flow and increasing its capacity for growth.

“We look forward to continuing to work closely with Specialty’s as they enter their next stage of development,” Kraus said.