EDEN PRAIRIE, Minn.--24 May 2012-- Forty-six percent of fleet managers cite cost savings as the primary focus of executive management as it relates to their company's fleet operations, according to a recent survey conducted by GE Capital Fleet Services. This was followed by on-time delivery and service, driver safety and resource productivity (all 15 percent).
GE Germany ist erstes Unternehmensmitglied beim Frauennetzwerk BPW Germany
Mainz (23. Mai 2012): GE Germany unterstützt als erstes Unternehmensmitglied den Business and Professional Women (BPW) Germany, eines der größten Berufsnetzwerke für angestellte und selbstständige Frauen in Deutschland.
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LONDON, 18th May 2012: Savvy savers are going back to basics to set aside more money for a rainy day, with a projected 2.5 million[1] new savers collectively depositing an estimated £370 million[2] over recent weeks, according to the first GE Capital Direct Savings Census. The figures indicate the promising return of a UK savings culture, against a backdrop of economic uncertainty for households across the UK.
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Vendor-subsidized program gives dealers more working capital for longer period
HOFFMAN ESTATES, IL -- GE Capital's Commercial Distribution Finance (CDF) business has been selected by Groupe Beneteau, the North American business of France's Groupe Beneteau (Euronext: BEN), as a preferred provider of floorplan financing for its retail dealerships.
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London, 16th May, 2012: In recognition of the importance of having local origination and execution capabilities, GE Capital has appointed Camille Frizon de Lamotte to lead its sponsor coverage activities for the French mid-market, with support from execution teams based in Paris and London.
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- Accompanying research shows UK savers are cutting back on discretionary spending and saving more
LONDON, 16th May 2012: GE Capital Direct, a new UK-based online savings bank launches today, offering a choice of simple, safe and secure savings accounts for UK savers. The bank provides an alternative to traditional high street banks, catering for consumers across the UK looking for a convenient and trusted home for their savings.
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CHICAGO--16 May 2012-- GE Antares, a unit of GE Capital, today announced it served as administration agent on a $555 million senior secured credit facility to TricorBraun Inc. The financing consisted of a $75 million senior revolving credit facility and a $480 million term loan facility, and served to refinance outstanding debt and make a distribution to shareholders of affiliates via dividends and stock repurchases. TricorBraun will also use the funding to support its ongoing organic and acquisition-driven strategic growth.
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Funds refinancing
SCOTTSDALE, Ariz.--16 May 2012-- GE Capital, Franchise Finance recently provided a $4.1 million credit facility to Hinz JJ, LLC, a Jimmy John's franchisee. The financing included $2.6 million to refinance debt and a $1.5 million development line of credit. The funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
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SINGAPORE, May 16, 2012 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced it will lease 12 Boeing 737-500s to help the Indonesian carrier Sriwijaya Air upgrade its fleet.
The first aircraft went into service today, with the remaining scheduled for delivery through January 2013. The 12 aircraft, with blended winglets for improved fuel savings, are coming off long-term lease with Continental Airlines, now merged with United Airlines.