CHARLOTTE, N.C.--(BUSINESS WIRE)--Aug. 19, 2004--GE Commercial Finance Business Credit today announced that it has named Eric R. Gill as vice president of origination. Mr. Gill will be based in Charlotte, N.C., a new office for Business Credit, and will be responsible for the North Carolina, South Carolina, Virginia and District of Columbia markets. He will originate asset based credit facilities of $30 million and less by continuing to develop business relationships with middle market companies and financial intermediaries throughout the mid-Atlantic market.
With more than 24 years of experience in commercial finance, Mr. Gill previously served as vice president at Guaranty Business Credit Corporation, where he was the leading new business producer for the Southeast region. Prior to Guaranty Business Credit Corporation, he gained experience at The CIT Group, Barclays Commercial Corporation, New England Commercial Finance Corporation and NCNB Financial Services where he began his career in 1980, all based in Charlotte.
"We are pleased to add Eric Gill to our team. He brings both extensive commercial finance and regional business knowledge that will provide significant support to our business development efforts in the South," Andrew Waterson, managing director for Business Credit. "The opening of an office in Charlotte is an important event that will allow us to serve middle market companies even more effectively throughout this regional market."
Mr. Gill is a member of the Commercial Finance Association, National Funding Association, Turnaround Management Association, and the Association for Corporate Growth-Carolina chapters. He holds a bachelor of business administration degree from Appalachian State University in Boone, N.C. He can be contacted at 704-553-5319.
About GE Commercial Finance Business Credit
GE Commercial Finance Business Credit offers financing of up to $30 million and more, as needed, to manufacturers, distributors, wholesalers, retailers and service providers. Products and services include asset-based lines of credit, letter of credit facilities, acquisition financing, growth capital, bank loan refinancings, term debt and import/export trade services. For more information on the businesses and products of Business Credit, please visit www.gelending.com. GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of over $220 billion and is headquartered in Stamford, Connecticut. General Electric (NYSE: GE) is a diversified technology, media and financial services company dedicated to creating products that make life better. For more information, visit the company's website at www.ge.com.
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CONTACT:
GE Commercial Finance
Ned Reynolds, 203-229-5717
or
TorranceCo
Jim Marren, 212-786-6133
Jeff Wilson
GE Capital Corporate Finance
[email protected]
1-203-749-6340