PLEASANTON, Calif.--(BUSINESS WIRE)--July 26, 2004--GE Commercial Finance Corporate Lending announced that Carlos A. Elizondo, vice president, will focus on Silicon Valley based technology companies with responsibility for originating corporate lending opportunities.
GE Commercial Finance Corporate Lending is a leading provider of financing solutions uniquely positioned to provide products across the entire debt spectrum including asset-based financing, cash flow lending, securitization and corporate restructuring.
Mr. Elizondo is based in Corporate Lending's Pleasanton, Calif. office where he will look to bring GE's breadth of financial products to technology companies in various sectors, including software, component manufacturing, hardware, semiconductor, contract manufacturing, and distribution.
"I look forward to bringing all the resources of GE to companies in the various sectors of the technology industry," said Mr. Elizondo. "I see GE differentiating itself from other capital providers by supplying mid-sized and larger technology companies with creative financial solutions to help meet their capital needs in order to grow, make acquisitions, and strengthen their balance sheets."
Mr. Elizondo has 10 years of financial sector experience, including four years with Arthur Andersen LLP providing business and transaction advisory services. Since joining GE in 2001, Mr. Elizondo's duties have included managing client relationships, underwriting, and developing new business. He served as lead banker for nearly $2 billion of commitments, including $1.5 billion in the technology industry. He played key roles on transactions where GE acted as arranger and sole lead manager, including facilities to hard disk drive manufacturers, distributors, and contract manufacturers.
Mr. Elizondo holds a B.A. in history from The University of Texas at Austin, and a MAcc from the University of Southern California.
About GE Commercial Finance Corporate Lending
GE Commercial Finance Corporate Lending offers financing to clients from middle-market companies to large corporations. Products and services include asset-based financing, cash flow lending and corporate restructuring. Corporate Lending is a leading global provider of financing solutions for investment and non-investment grade companies - committed to supporting clients at all stages of the business cycle. For more information on the businesses and products of GE Commercial Finance Corporate Lending, 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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