CHICAGO, IL --- GE Capital's Commercial Distribution Finance (CDF) business announced today that it will provide inventory financing to motorsports dealerships that carry products manufactured by American SportWorks.
American SportWorks produces LANDmaster utility vehicles and Zircon, Marauder and Black Widow branded go-carts in Fort Wayne, IN and Roseland, LA. The funds will support the expansion of the company's dealer network in the U.S. Its products are currently carried by over 200 domestic dealers.
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DALLAS, TX, May 15, 2013 -- GE Energy Financial Services, a unit of GE (NYSE: GE), has closed a $200 million senior secured credit facility subject to a $135 million initial borrowing base for SND Consolidated Energy LLC to refinance debt and fund oil and gas field development in East Texas and Louisiana.
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Eden Prairie, MN -- Forty-four percent of fleet managers cited maximizing productivity as their primary concern in managing their company's truck fleet, according to a recent survey conducted by GE Capital Fleet Services.
Highlighting fleet managers' increased focus on keeping operating expenses in check, additional concerns include meeting cost savings goals (24 percent) and understanding the impact of new vehicle technologies, such as alternative fuel vehicles (20 percent).