GE Capital Wins the Business Technology Association Channel's Choice Award for Third-Party Leasing
MOBERLY, MO --- Businesses continue to invest in information technology (IT) equipment, albeit at a lower rate and despite concerns about U.S. macro-economic headwinds, GE Capital said today. That may be a positive development for the office imaging (OI) industry.
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Tapping into a premier wind resource, Pattern Energy Group LP is starting construction of the 218-megawatt Panhandle Wind Project using Texas' new Competitive Renewable Energy Zone transmission infrastructure and connecting to the state's main power grid operator, the Electric Reliability Council of Texas. GE (NYSE: GE) unit GE Energy Financial Services and Citigroup, Inc. (NYSE: C) unit Citigroup Global Markets, Inc. will invest structured equity in the project.
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MISSISSAUGA, ON --- GE Capital, Financement commercial aux détaillants (CDF) affirme constater des tendances positives dans les industries canadiennes nautique, des sports motorisés et des véhicules récréatifs (VR) à la fin du premier semestre. La société prévoit que les conditions favorables se poursuivront en 2014.
CDF a constaté que les commandes de stocks des détaillants avaient augmenté dans les trois catégories. Le vieillissement des stocks a chuté dans les secteurs des sports motorisés et nautique, alors qu'il est demeuré stable sur 12 mois pour les VR.
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MISSISSAUGA, ON --- GE Capital's Commercial Distribution Finance (CDF) business said it has seen positive trends in the Canadian marine, motorsports and recreational vehicle (RV) industries through the first half of the year. It expects favorable conditions to continue into 2014.
CDF found that dealers' inventory orders were up in all three categories. Aging of inventory has dropped in motorsports and marine, while staying flat year-over-year in RVs.
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Nearly 50,000 Bobcat units financed since 2008; relationship began in 1969
IRVING, TX --- GE Capital, Equipment Finance has extended its 44-year vendor financing relationship with multiple Doosan businesses through December 2017. The agreement provides inventory and retail financing for Doosan and Bobcat-branded equipment in the U.S. and Canada.
GE Capital and its antecedent companies have been financing equipment for West Fargo, N.D.-based Bobcat Co. since 1969. The relationship expanded to include financing for Doosan-branded heavy equipment in 2012.