CHICAGO --- GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a senior secured credit facility to support the acquisition of The Cook & Boardman Group, LLC by Ridgemont Equity Partners. GE Capital Markets served as sole lead arranger and sole bookrunner on this facility.
Includes grants and leadership training to Salt Lake Community Action Program
SALT LAKE CITY, UT --- GE Capital Bank and the Salt Lake Community Action Program (SLCAP) are hosting a financial literacy seminar tonight for parents whose children are enrolled in the new Head Start South Salt Lake facility. In addition, GE Capital Bank is providing SLCAP with a grant for its Head Start out-of-school and early childhood development programs across Salt Lake County.
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CHICAGO -- GE Capital, Commercial Distribution Finance (CDF) announced today it has significantly expanded its inventory financing program with MarineMax (NYSE: HZO), the nation's largest boat dealer, and extended its duration through 2017. The $235 million facility will allow the company to expand its stocking plans from leading manufacturers in the industry including Sea Ray, Boston Whaler and Azimut Yachts.
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CHICAGO --- GE Antares, a unit of GE Capital, announced today it served as administrative agent on a $170 million U.S. credit facility and $10 million Canadian credit facility supporting the acquisition of Innovative XCessories & Services, LLC ("IXS") by Olympus Partners. GE Capital Markets served as joint lead arranger and joint bookrunner on these facilities.
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New Financing Source Available for CDK Global's Clients
HOFFMAN ESTATES, IL and IRVING, TX -- CDK Global, LLC., a subsidiary of ADP® and a leading global technology solutions provider dedicated to helping automotive retailers and manufacturers drive measurable results, announced today that it will offer a new, co-branded financing program for U.S. and Canada-based dealers with GE Capital's Equipment Finance business.
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CHICAGO --- GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $80 million senior secured credit facility to support the acquisition of OneTouchPoint by ICV Partners. GE Capital Markets served as sole lead arranger and sole bookrunner on this facility.
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Eden Prairie, Minn. -- A recent GE Capital Fleet Services survey indicates businesses that provide company cars are more likely to retain employees than those that reimburse personal vehicle usage for work purposes. Notably, 87 percent of current company car users and 63 percent of personal vehicle users would not consider another company if it did not offer a company vehicle.
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New integration with e-automate® and OMD® systems means more efficient meter processing
MOBERLY, MO, SEPT. 15, 2014 --- GE Capital's Office Imaging (OI) business announced today that it will provide OI dealers who use the e-automate® or OMD® systems with the ability to automatically submit customers' meter readings and receive customer payment information with no manual intervention. The goal of the integration is to help OI dealers save time and money.
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CHICAGO --- GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a senior secured credit facility to support the acquisition of Uintah Engineering & Land Surveying by Norwest Equity Partners. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
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CHICAGO - The recreational vehicle (RV) industry continues to experience strong and steady growth, according to performance data from GE Capital, Commercial Distribution Finance (CDF), a major provider of financing to the industry. Early headwinds this year including the unusually cold weather that impacted manufacturing and transportation issues that slowed down shipments haven't derailed the positive trajectory of the industry.