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Press Release

GE Capital Expanding Inventory Financing in Foodservice Equipment Industry

October 02, 2013

CHICAGO, IL --- GE Capital's Commercial Distribution Finance (CDF) business announced today that it plans to expand its inventory financing capabilities and coverage of the commercial foodservice and refrigeration industries across the U.S. and Canada. CDF has been providing inventory financing to the foodservice industry since 1995.

CDF is focused on developing inventory financing programs with manufacturers of specialized equipment for the bakery, dairy, meat, snack and juice markets, among others, as well as makers of specialized equipment such as slicers, roasters, choppers and presses. Dealers that supply the restaurant and hotel industries in particular often carry a wide range of industrial equipment from different manufacturers and distributors.

"Many foodservice equipment manufacturers use their valuable working capital to fund dealer purchases," said Linda Fiore, CDF's managing director of new relationship development. "We have a dedicated team of industry specialists who work with these manufacturers to optimize dealer financing programs to fit their specific needs. For example, offering equipment dealers the ability to make larger purchases with extended repayment terms can really help companies in this major segment of the food industry grow their sales."

Manufacturers that would like to learn more about inventory financing are invited to contact Rosanne Giovenco at [email protected], or visit the CDF web site: http://www.gecdf.com/home.

About GE Capital, Commercial Distribution Finance
GE Capital, Commercial Distribution Finance provided nearly $31 billion in financing for more than 33,000 dealers and 2,000 distributors and manufacturers in the U.S. and Canada in 2012. Programs include inventory and accounts receivable financing, asset-based lending, private label financing, collateral management and related financial products.

As a result of our long-standing position as a leading financing provider to North American manufacturers and distributors and their dealers, CDF provides market intelligence that can help companies throughout the supply chain manage their businesses. In addition, dealers that choose to finance through CDF obtain instant access to unique online tools, including customized inventory management reports, comprehensive industry data and insightful benchmarking data.

For more information, visit http://www.gecdf.com/ or follow company news via Twitter (https://twitter.com/GEInventoryFin).

GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit www.gecapital.com or follow company news via Twitter (https://twitter.com/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. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

Lisa Tibbitts
GE Capital
[email protected]
+1 203 956 4582
+1 203-803-6142


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